Viewbix to acquire Gix Media; Gix shareholders to own 90% of combined company

Viewbix Inc.

Merger sub merges into Gix Media; Gix survives as wholly-owned subsidiary of Viewbix.
Gix Media shareholders to receive Viewbix common stock such that they hold 90% fully diluted.
Viewbix board expands to 6 members; Gix Media appoints 4 directors post-closing.
Viewbix to change name to Gix Media, Inc. upon closing.
Closing conditions include Gix shareholder approval, tax pre-ruling from Israeli Tax Authority, and Bank Leumi consent.

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