---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-004231"
form_type: "8-K"
ticker: "MBOT"
cik: "0000883975"
company_name: "Microbot Medical Inc."
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T15:34:27.214673+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Microbot settles 2020 lawsuit for $2.154M; insurance covers cash portion; IDE submitted

## Summary
- Settlement with Empery Asset and Hudson Bay resolves 2020 lawsuit; total settlement $2.154M.
- Cash portion of $1.1M paid by insurance; no impact on company's cash position or balance sheet.
- Company issued 1,005,965 restricted shares (valued at ~$1.054M) to plaintiffs, with registration rights.
- Filed IDE application with FDA on Jan 29, 2024, to commence pivotal clinical trial of LIBERTY system.
- Plaintiffs to file stipulation discontinuing lawsuit with prejudice after receipt of settlement.

## SEC filing metadata
- accession: 0001493152-24-004231
- form_type: 8-K
- ticker: MBOT
- cik: 0000883975
- company_name: Microbot Medical Inc.
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883975/000149315224004231/0001493152-24-004231-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883975/000149315224004231/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-004231
- JSON: https://secwatch.observer/filing/0001493152-24-004231.json
- Plain text: https://secwatch.observer/filing/0001493152-24-004231.txt

## Key facts
- Material Agreements
  Microbot Medical Inc. entered into Settlement Agreement and Release with Empery Asset Master Ltd., Empery Tax Efficient, LP, Empery Tax Efficient III, LP and Hudson Bay Master Fund Ltd. valued at $2,154,000 (effective 2024-01-26).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Empery Asset Master Ltd., Empery Tax Efficient, LP, Empery Tax Efficient III, LP and Hudson Bay Master Fund Ltd.
  - Value: $2,154,000
  - Effective: 2024-01-26
  source text: As of January 26, 2024 (the “Effective Date”), Microbot Medical Inc. (the “Company”) entered into a Settlement Agreement and Release (the “Settlement Agreement”) with Empery Asset Master Ltd., Empery Tax Efficient, LP, Empery Tax Efficient III, LP and Hudson Bay Master Fund Ltd. (collectively, “Plaintiffs”), which resolved and settled the below referenced litigation between the Company and Plaintiffs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883975/000149315224004231/0001493152-24-004231-index.htm

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