---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-002134"
form_type: "8-K"
ticker: "QXL"
cik: "0000797542"
company_name: "Viewbix Inc."
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T12:06:21.120514+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Viewbix subsidiary Gix Media increases Cortex stake to 80%; valuation rises to $27M

## Summary
- Acquired additional 10% of Cortex Media Group, raising ownership from 70% to 80% on a fully diluted basis.
- Transaction values Cortex at ~$27M, up from $16M in Oct 2021; consideration of $2.7M in cash.
- Gix Media's revenues grew 176% to $66.1M for 9 months ended Sep 30, 2022 vs same period 2021.
- Financing will use cash and expansion of a $1.5M bank loan.

## SEC filing metadata
- accession: 0001493152-23-002134
- form_type: 8-K
- ticker: QXL
- cik: 0000797542
- company_name: Viewbix Inc.
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797542/000149315223002134/0001493152-23-002134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797542/000149315223002134/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-002134
- JSON: https://secwatch.observer/filing/0001493152-23-002134.json
- Plain text: https://secwatch.observer/filing/0001493152-23-002134.txt

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