SHL Telemedicine in Talks for Discount Capital Investment

TL;DR

SHL Telemedicine in talks with Discount Capital for investment in Israeli ops. No deal yet.

AI Summary

On June 20, 2024, SHL Telemedicine Ltd. announced it is in discussions with Discount Capital Ltd., the investment arm of Israel Discount Bank, regarding a potential investment in the company's Israeli operations. The parties have not yet reached any definitive agreement.

Why It Matters

This potential investment could provide significant capital for SHL Telemedicine's Israeli activities, impacting its growth and operational capacity.

Risk Assessment

Risk Level: medium — The announcement is about ongoing discussions, not a finalized deal, introducing uncertainty about the investment's completion and terms.

Key Players & Entities

• SHL Telemedicine Ltd. (company) — The company making the announcement.
• Discount Capital Ltd. (company) — The potential investor.
• Israel Discount Bank (company) — Parent company of the potential investor.
• June 20, 2024 (date) — Date of the press release and announcement.

FAQ

Filing Documents

• zk2431599.htm (6-K) — 9KB
• exhibit_99-1.htm (EX-99.1) — 5KB
• image0.jpg (GRAPHIC) — 437KB
• image1.jpg (GRAPHIC) — 266KB
• 0001178913-24-002007.txt ( ) — 984KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of June 2024 Commission File Number: 001-41641 SHL TELEMEDICINE LTD. (Translation of registrant's name into English) 90 Yigal Alon Street Tel Aviv 67891, Israel (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F EXPLANATORY NOTE On June 20, 2024, SHL Telemedicine Ltd. (the " Company ") issued a press release, a copy of which is furnished herewith as Exhibit 99.1. In the press release the Company confirmed that it is in discussions with Discount Capital Ltd. (" Discount "), the investment arm of Israel Discount Bank, regarding a possible investment of Discount in the Company's Israeli activities. At this point, the parties have not yet taken any decision nor entered into any binding obligation with regard to the realization of any such transaction. The Company will provide further updates as required. This Form 6-K is incorporated by reference into the Company's Registration Statement on Form S-8 filed with the Securities and Exchange Commission on June 9, 2023 (Registration No. 333-272546). Exhibit Description 99.1 Press release, dated June 20, 2024, issued by the Company. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SHL Telemedicine Ltd. By: /s/ Amir Hai Amir Hai Chief Financial Officer June 20, 2024

View Full Filing

View this 6-K filing on SEC EDGAR