Hold Me Ltd (OTCPK:HMEL.F) Signed an agreement to acquire 100% stake in S.Y. Calimero Entrepreneurship Ltd from Yonatan Shachar for NIS 0.13 million On August 28, 2023.

Hold Me Ltd (OTCPK:HMEL.F) completed the acquisition of 100% stake in S.Y. Calimero Entrepreneurship Ltd from Yonatan Shachar in April 2024. The purchase was subject to a condition that the controlling shareholder of the Company, Menachem Shalom, would be granted a permit to control the purchased company. Such permit is needed to be granted by the Israeli Authority for Capital Markets, Insurance and Savings (?the condition?). That permit was granted By the Israeli Authority for Capital Markets, Insurance and Savings on March 31, 2024. NIS 40,000 were to be transferred upon the execution of the agreement and the rest were transferred to an escrow account and to be released to the Seller once the condition is satisfied. Subsequent to the reporting period, the condition was satisfied in April 2024, the purchase was completed and the shares were transferred.