---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-009539"
form_type: "8-K"
ticker: "SATT"
cik: "0001661600"
company_name: "SATIVUS TECH CORP."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T20:30:47.063032+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Sativus Tech subsidiary signs $2M investment deal with South Korean investor

## Summary
- Saffron Tech signs SPA for $2M investment: $1M upfront at $10.7M pre-money, deferred $1M on milestones.
- Investor gets 793,650 preferred shares, 9.35% stake; Sativus retains 58.92% after Initial Closing.
- Deferred $1M contingent on successful saffron cultivation, POC verification, and $2M financing or TASE listing.
- Proceeds to fund R&D, commercial production tech, and IP protection; closing expected by end of Feb 2023.
- Agreement subject to Saffron Tech shareholder approval.

## SEC filing metadata
- accession: 0001213900-23-009539
- form_type: 8-K
- ticker: SATT
- cik: 0001661600
- company_name: SATIVUS TECH CORP.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1661600/000121390023009539/0001213900-23-009539-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1661600/000121390023009539/ea172959-8k_sativustech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-009539
- JSON: https://secwatch.observer/filing/0001213900-23-009539.json
- Plain text: https://secwatch.observer/filing/0001213900-23-009539.txt

## Key facts
- Material Agreements
  SATIVUS TECH CORP. entered into share purchase agreement with a South Korean investor valued at total $2 million (effective 2023-02-08).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: a South Korean investor
  - Value: total $2 million
  - Effective: 2023-02-08
  source text: On February 8, 2023, the Sativus Tech Corp’s (the “Company”) Israeli subsidiary, Saffron Tech Ltd (“Saffron Tech”), signed a share purchase agreement with a South Korean investor (“Investor”), pursuant to which the investor will invest a total $2 million in Saffron Tech
  evidence_url: https://www.sec.gov/Archives/edgar/data/1661600/000121390023009539/0001213900-23-009539-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.