[DEF 14A] Silexion Therapeutics Corp Definitive Proxy Statement
On 31 July 2025, a Form 144 filing for Argan, Inc. (AGX) indicates the proposed sale of 1,604 common shares through broker Raymond James. The shares, valued at an aggregate $384,960, were obtained on 30 July 2025 via an equity-grant/option exercise. With 13.64 million shares outstanding, the planned sale equals roughly 0.012 % of the float, implying a modest personal liquidation rather than a sizable insider exit. The filing also shows that Richard Deily—named in the past-sales section—sold 1,565 shares for $238,381 on 30 Apr 2025. No earnings data or corporate updates accompany the notice, and the signer affirms no undisclosed adverse information. Given the limited volume and routine nature of Rule 144 transactions, the event appears largely immaterial to AGX’s fundamentals or near-term valuation.
Il 31 luglio 2025, un deposito Form 144 per Argan, Inc. (AGX) segnala la proposta vendita di 1.604 azioni ordinarie tramite il broker Raymond James. Le azioni, valutate complessivamente 384.960 $, sono state ottenute il 30 luglio 2025 mediante un conferimento di azioni/esercizio di opzione. Con 13,64 milioni di azioni in circolazione, la vendita pianificata rappresenta circa lo 0,012 % del flottante, suggerendo una liquidazione personale modesta piuttosto che un'uscita significativa da parte di un insider. Il deposito mostra inoltre che Richard Deily � citato nella sezione delle vendite passate � ha venduto 1.565 azioni per 238.381 $ il 30 aprile 2025. Non sono presenti dati sugli utili o aggiornamenti societari nella comunicazione, e il firmatario conferma l'assenza di informazioni negative non divulgate. Considerando il volume limitato e la natura ordinaria delle transazioni secondo la Regola 144, l'evento appare sostanzialmente irrilevante per i fondamentali o la valutazione a breve termine di AGX.
El 31 de julio de 2025, una presentación Formulario 144 para Argan, Inc. (AGX) indica la venta propuesta de 1.604 acciones comunes a través del corredor Raymond James. Las acciones, valoradas en un total de 384.960 $, fueron obtenidas el 30 de julio de 2025 mediante una concesión de acciones/ejercicio de opción. Con 13,64 millones de acciones en circulación, la venta planificada representa aproximadamente el 0,012 % del flotante, lo que implica una liquidación personal modesta en lugar de una salida significativa de un insider. La presentación también muestra que Richard Deily � mencionado en la sección de ventas pasadas � vendió 1.565 acciones por 238.381 $ el 30 de abril de 2025. No se acompañan datos de ganancias ni actualizaciones corporativas, y el firmante afirma no poseer información adversa no divulgada. Dado el volumen limitado y la naturaleza rutinaria de las transacciones bajo la Regla 144, el evento parece en gran medida irrelevante para los fundamentos o la valoración a corto plazo de AGX.
2025� 7� 31�, Argan, Inc.(AGX)� Form 144 제출서류� 따르� 브로� Raymond James� 통해 1,604� 보통� 매도가 제안되었습니�. 해당 주식은 2025� 7� 30� 주식 부�/옵션 행사� 통해 취득되었으며, � 가치는 384,960달러입니�. 유통 주식 수가 1,364� �� 가운데, 이번 매도� 유통 주식� � 0.012%� 해당하여 대규모 내부� 이탈보다� 소규� 개인 매각� 가깝습니다. 또한 제출서류에는 Richard Deily가 과거 매도 섹션� 이름� 올라 있으�, 2025� 4� 30일에 1,565�� 238,381달러� 매도� 기록� 있습니다. � 통지에는 수익 데이터나 회사 업데이트가 포함되어 있지 않으�, 서명자는 미공� 부정적 정보가 없음� 확인했습니다. 제한� 거래량과 Rule 144 거래� 일상� 성격� 고려� �, 이번 사건은 AGX� 펀더멘털이� 단기 가� 평가� 크게 영향� 미치지 않는 것으� 보입니다.
Le 31 juillet 2025, un dépôt de formulaire 144 pour Argan, Inc. (AGX) indique la vente proposée de 1 604 actions ordinaires via le courtier Raymond James. Les actions, évaluées à un total de 384 960 $, ont été obtenues le 30 juillet 2025 par une attribution d’actions/exercice d’option. Avec 13,64 millions d’actions en circulation, la vente prévue représente environ 0,012 % du flottant, ce qui suggère une liquidation personnelle modeste plutôt qu’une sortie importante d’un initié. Le dépôt indique également que Richard Deily � mentionné dans la section des ventes passées � a vendu 1 565 actions pour 238 381 $ le 30 avril 2025. Aucune donnée sur les bénéfices ni mise à jour d’entreprise n’accompagne l’avis, et le signataire affirme qu’aucune information défavorable non divulguée n’existe. Compte tenu du volume limité et du caractère routinier des transactions selon la règle 144, l’événement semble largement immatériel pour les fondamentaux ou la valorisation à court terme d’AGX.
Am 31. Juli 2025 weist eine Form-144-Meldung für Argan, Inc. (AGX) auf den geplanten Verkauf von 1.604 Stammaktien über den Broker Raymond James hin. Die Aktien, mit einem Gesamtwert von 384.960 $, wurden am 30. Juli 2025 durch eine پԳܳٱܲԲ/پDzԲܲüܲԲ erworben. Bei 13,64 Millionen ausstehenden Aktien entspricht der geplante Verkauf etwa 0,012 % des Streubesitzes, was auf eine moderate persönliche Veräußerung und nicht auf einen größeren Insider-Ausstieg hindeutet. Die Meldung zeigt zudem, dass Richard Deily � im Abschnitt zu früheren Verkäufen genannt � am 30. April 2025 1.565 Aktien für 238.381 $ verkauft hat. Es liegen keine Gewinnzahlen oder Unternehmensupdates bei, und der Unterzeichner bestätigt, dass keine nicht offengelegten negativen Informationen vorliegen. Angesichts des begrenzten Volumens und der routinemäßigen Natur von Rule-144-Transaktionen erscheint das Ereignis weitgehend unbedeutend für die Fundamentaldaten oder die kurzfristige Bewertung von AGX.
- Sale equals only 0.012 % of outstanding shares, posing negligible dilution or liquidity impact.
- Insider plans to sell 1,604 shares after having sold 1,565 shares in April, a potential—though minor—sentiment headwind.
Insights
TL;DR: Small Rule 144 sale (1,604 shares) worth $385k; <0.02% float, likely immaterial to AGX valuation.
The filing depicts a standard insider transaction: option exercise followed by a modest share sale. The dollar value is limited and represents only 0.012 % of shares outstanding, so liquidity and EPS dilution are unaffected. Prior sales of 1,565 shares in April further reduce remaining insider exposure. No operational disclosures accompany the form, and the declarant attests to possessing no undisclosed material information. Consequently, the filing is routine, neutral in tone, and should not meaningfully influence investor sentiment or the stock’s risk profile.
Il 31 luglio 2025, un deposito Form 144 per Argan, Inc. (AGX) segnala la proposta vendita di 1.604 azioni ordinarie tramite il broker Raymond James. Le azioni, valutate complessivamente 384.960 $, sono state ottenute il 30 luglio 2025 mediante un conferimento di azioni/esercizio di opzione. Con 13,64 milioni di azioni in circolazione, la vendita pianificata rappresenta circa lo 0,012 % del flottante, suggerendo una liquidazione personale modesta piuttosto che un'uscita significativa da parte di un insider. Il deposito mostra inoltre che Richard Deily � citato nella sezione delle vendite passate � ha venduto 1.565 azioni per 238.381 $ il 30 aprile 2025. Non sono presenti dati sugli utili o aggiornamenti societari nella comunicazione, e il firmatario conferma l'assenza di informazioni negative non divulgate. Considerando il volume limitato e la natura ordinaria delle transazioni secondo la Regola 144, l'evento appare sostanzialmente irrilevante per i fondamentali o la valutazione a breve termine di AGX.
El 31 de julio de 2025, una presentación Formulario 144 para Argan, Inc. (AGX) indica la venta propuesta de 1.604 acciones comunes a través del corredor Raymond James. Las acciones, valoradas en un total de 384.960 $, fueron obtenidas el 30 de julio de 2025 mediante una concesión de acciones/ejercicio de opción. Con 13,64 millones de acciones en circulación, la venta planificada representa aproximadamente el 0,012 % del flotante, lo que implica una liquidación personal modesta en lugar de una salida significativa de un insider. La presentación también muestra que Richard Deily � mencionado en la sección de ventas pasadas � vendió 1.565 acciones por 238.381 $ el 30 de abril de 2025. No se acompañan datos de ganancias ni actualizaciones corporativas, y el firmante afirma no poseer información adversa no divulgada. Dado el volumen limitado y la naturaleza rutinaria de las transacciones bajo la Regla 144, el evento parece en gran medida irrelevante para los fundamentos o la valoración a corto plazo de AGX.
2025� 7� 31�, Argan, Inc.(AGX)� Form 144 제출서류� 따르� 브로� Raymond James� 통해 1,604� 보통� 매도가 제안되었습니�. 해당 주식은 2025� 7� 30� 주식 부�/옵션 행사� 통해 취득되었으며, � 가치는 384,960달러입니�. 유통 주식 수가 1,364� �� 가운데, 이번 매도� 유통 주식� � 0.012%� 해당하여 대규모 내부� 이탈보다� 소규� 개인 매각� 가깝습니다. 또한 제출서류에는 Richard Deily가 과거 매도 섹션� 이름� 올라 있으�, 2025� 4� 30일에 1,565�� 238,381달러� 매도� 기록� 있습니다. � 통지에는 수익 데이터나 회사 업데이트가 포함되어 있지 않으�, 서명자는 미공� 부정적 정보가 없음� 확인했습니다. 제한� 거래량과 Rule 144 거래� 일상� 성격� 고려� �, 이번 사건은 AGX� 펀더멘털이� 단기 가� 평가� 크게 영향� 미치지 않는 것으� 보입니다.
Le 31 juillet 2025, un dépôt de formulaire 144 pour Argan, Inc. (AGX) indique la vente proposée de 1 604 actions ordinaires via le courtier Raymond James. Les actions, évaluées à un total de 384 960 $, ont été obtenues le 30 juillet 2025 par une attribution d’actions/exercice d’option. Avec 13,64 millions d’actions en circulation, la vente prévue représente environ 0,012 % du flottant, ce qui suggère une liquidation personnelle modeste plutôt qu’une sortie importante d’un initié. Le dépôt indique également que Richard Deily � mentionné dans la section des ventes passées � a vendu 1 565 actions pour 238 381 $ le 30 avril 2025. Aucune donnée sur les bénéfices ni mise à jour d’entreprise n’accompagne l’avis, et le signataire affirme qu’aucune information défavorable non divulguée n’existe. Compte tenu du volume limité et du caractère routinier des transactions selon la règle 144, l’événement semble largement immatériel pour les fondamentaux ou la valorisation à court terme d’AGX.
Am 31. Juli 2025 weist eine Form-144-Meldung für Argan, Inc. (AGX) auf den geplanten Verkauf von 1.604 Stammaktien über den Broker Raymond James hin. Die Aktien, mit einem Gesamtwert von 384.960 $, wurden am 30. Juli 2025 durch eine پԳܳٱܲԲ/پDzԲܲüܲԲ erworben. Bei 13,64 Millionen ausstehenden Aktien entspricht der geplante Verkauf etwa 0,012 % des Streubesitzes, was auf eine moderate persönliche Veräußerung und nicht auf einen größeren Insider-Ausstieg hindeutet. Die Meldung zeigt zudem, dass Richard Deily � im Abschnitt zu früheren Verkäufen genannt � am 30. April 2025 1.565 Aktien für 238.381 $ verkauft hat. Es liegen keine Gewinnzahlen oder Unternehmensupdates bei, und der Unterzeichner bestätigt, dass keine nicht offengelegten negativen Informationen vorliegen. Angesichts des begrenzten Volumens und der routinemäßigen Natur von Rule-144-Transaktionen erscheint das Ereignis weitgehend unbedeutend für die Fundamentaldaten oder die kurzfristige Bewertung von AGX.
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Preliminary Proxy Statement
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
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Definitive Proxy Statement
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Definitive Additional Materials
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Soliciting Material under §240.14a-12
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No fee required.
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Fee paid previously with preliminary materials.
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Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.
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Silexion Therapeutics Corp
Time and Date of
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Extraordinary General Meeting (the “meeting”)
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9:00 a.m. Eastern Daylight Time/4:00 p.m. local (Israel) time on Tuesday, August 12, 2025
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Place of Meeting
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(in-person attendance)
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Meitar Law Offices
16 Abba Hillel Road, 10th floor
Ramat Gan, Israel 5250608
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(virtual or telephonic attendance- may submit questions, but not vote)
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https://www.cstproxy.com/silexion/egm2025. Log into the virtual site by using the control number included in your proxy materials; or call 1 800-450-7155
(toll-free, within the U.S. and Canada) or +1 857-999-9155 (outside of the U.S. and Canada- standard rates apply), conference ID: 5683242#.
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Item of Business (the “Authorized Share Capital Increase Proposal” or the “proposal”)
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Increase to the Company’s authorized share capital under paragraph 5 of the Company’s Amended and Restated Memorandum of
Association from US$20,000, divided into 1,481,482 ordinary shares of a par value of US$0.0135 each (which is the authorized share capital following the effectiveness of the 1-for-15 reverse share split that occurred prior to the
start of trading on July 29, 2025), to US$121,500, divided into 9,000,000 ordinary shares of a par value of US$0.0135 each.
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Required Majority for Approval of Proposal
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Under Article 17.1.1 of Silexion’s Amended and Restated Articles of Association, the approval of the proposal requires an ordinary resolution, adopted by the affirmative vote of shareholders holding
ordinary shares amounting in the aggregate to at least a majority of the votes cast by shareholders as, being entitled to do so, vote in person or by proxy at the meeting with respect to the proposal. Abstentions and broker non-votes
are not considered “actually cast” and are therefore not taken into consideration in determining whether a majority has been achieved for the proposal.
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Purpose of Agenda Item
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The primary purpose of the Authorized Share Capital Increase Proposal is to enable the Company to restore and then maintain thereafter its compliance with Nasdaq Listing Rule 5550(b)(1), which requires that
the Company have at least $2.5 million of shareholders’ equity on a continued basis under the Equity Standard of the Nasdaq Capital Market, on which the Company’s ordinary shares and warrants are listed. The Company faces an initial
deadline of September 19, 2025 for achieving that shareholders’ equity level for its securities to remain listed on Nasdaq, and must furthermore effect additional transactions thereafter that augment its shareholders’ equity, in keeping
with that $2.5 million minimum. Beyond the need to comply with the Nasdaq shareholders’ equity requirement, the Company requires an enhanced authorized share capital to pursue its ongoing operational needs related to its preclinical and
clinical development of RNA interference (RNAi) therapies, including financing activities, and potential business development opportunities for complementary assets. The Company intends to manage its enlarged authorized share capital to
reinforce, as much as possible, the price and liquidity of, and the trading market for, its traded securities. The proposed enhanced authorized share capital is expected to suffice for the Company to maintain its requisite shareholders’
equity level and achieve the foregoing additional objectives at least through the end of 2026.
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Board Recommendation
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The Company’s Board of Directors recommends a vote “FOR” the Authorized Share Capital Increase Proposal.
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Record Date
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You are entitled to notice of, and to vote at, the meeting if you held an ordinary share of Silexion as of the close of business on Thursday, July 24, 2025.
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Additional Proxy Materials
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The proposal and details with respect to the meeting are described more fully in the attached proxy statement, which we are sending (together with this notice and a proxy card or voting instruction form) to
our shareholders and which we urge you to read in its entirety. Copies of this notice, the attached proxy statement and the related proxy card are also being filed with the U.S. Securities and Exchange Commission (the “SEC”) under cover of Schedule 14A, which documents may be obtained for free from the SEC’s website at www.sec.gov, the “Investors” portion of our website, www.silexion.com, or at the website for the meeting, https://www.cstproxy.com/silexion/egm2025.
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Quorum Requirement
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No action may be taken at the meeting unless a quorum, consisting of the holders of at least a majority of the Company’s outstanding ordinary shares, are present in person or by proxy. If a quorum is not
present at the meeting within half an hour from the time designated for the meeting to begin, the chairman of the meeting will adjourn the meeting for one week, to Tuesday, August 19, 2025, at the same time and same place at which the
meeting is held, at which time resolutions may be adopted solely with respect to the proposal described in this notice of the original meeting. If a quorum is not present at the reconvened meeting within half an hour from the time
designated for it to begin, those shareholders present (regardless of how many) will be deemed to constitute a quorum and action may be taken on the matter on the agenda.
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Required Vote
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Approval of the Authorized Share Capital Increase Proposal requires the affirmative vote of shareholders holding ordinary shares amounting in the aggregate to at least a majority of the votes cast by
shareholders as, being entitled to do so, vote in person or by proxy at the meeting with respect to such proposal. Abstentions and broker non-votes are not considered “actually cast” and are therefore not taken into consideration in
determining whether a majority has been achieved for the proposal, but the ordinary shares represented thereby are considered present for purposes of the quorum requirement.
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Means of Voting
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The vote of each of the Company’s shareholders is important regardless of whether or not any particular shareholder attends the meeting. Accordingly, we urge you to
read the attached proxy statement and vote your ordinary shares promptly, regardless of the number of ordinary shares you own.
You may vote the ordinary shares that you own directly (i.e., as a record shareholder) via proxy, by signing and returning the form of proxy in the enclosed envelope. If you prefer to vote via the internet,
you may do so at www.cstproxyvote.com, by using the control number that appears towards the bottom of the physical proxy card that was sent to you. You may revoke your proxy at any time before it is voted, and you may attend the meeting
and vote in person even if you have previously signed a proxy or voted via the internet. As an alternative to voting via proxy or via the internet, you may vote the ordinary shares that you own directly in person by attending the
meeting.
If your ordinary shares are held in street name on Nasdaq (i.e., ordinary shares that are held through a bank, broker or other nominee), you may instruct the nominee as to how you want your ordinary shares
voted, including via the internet (at www.proxyvote.com). Specific instructions as to how to vote are set forth on the enclosed voting instruction form provided by your bank, broker, or nominee.
If voting via proxy, your vote must be received by 11:59 p.m., Eastern time on Monday, August 11, 2025 in order to be counted towards the tally of votes on the proposals at the meeting. If submitting voting instructions via a voting instruction form or via the internet, the deadline for receipt of your voting instructions will be at such time on such date as may be indicated in the
voting directions provided to you.
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Attendance at Meeting
(in person)
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If you are a shareholder holding ordinary shares as of the record date for the meeting (July 24, 2025) and desire to attend the meeting in person, if a record shareholder, please provide at the meeting the
name under which your ordinary shares are held of record and proof of ownership (a copy of your share certificate or a statement showing book-entry shares). If you hold your ordinary shares in “street name” (through a bank or broker),
please bring to the meeting the required proof of ownership described for attendance at the meeting, namely: a “legal proxy” from the broker, trustee or nominee that holds your shares, giving you the right to vote the shares at the
meeting, along with an account statement or other proof that shows that you owned your shares as of the record date for the meeting.
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(virtual or telephonic attendance)
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https://www.cstproxy.com/silexion/egm2025. Log into the virtual site by using the control number included in your proxy materials, or call 1 800-450-7155 (toll-free,
within the U.S. and Canada) or +1 857-999-9155 (outside of the U.S. and Canada- standard rates apply), conference ID: 5683242#. You may submit questions, but not vote, while
attending the meeting virtually or telephonically.
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By Order of the Board of Directors,
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/s/ Ilan Hadar
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Chairman of the Board and Chief Executive Officer
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Page
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INFORMATION CONCERNING VOTING AND SOLICITATION
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QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND THE EXTRAORDINARY GENERAL MEETING
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AUTHORIZED SHARE CAPITAL INCREASE PROPOSAL
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RISK FACTORS RELATED TO AUTHORIZED SHARE CAPITAL INCREASE
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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
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OTHER MATTERS
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Proposal
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Board Recommendation
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Vote Required for Approval
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Effect of Abstentions(1)
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Broker
Discretionary Voting Allowed?(2) |
Authorized Share Capital Increase Proposal
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FOR
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The affirmative vote “FOR” by an ordinary majority of our shareholders as, being entitled to do so, vote in person or by proxy.
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No effect.
Not considered votes cast on this proposal.
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No.
Brokers without voting instructions will not have discretionary authority to vote.
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(1)
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As noted below, abstentions will be counted as present for purposes of establishing a quorum at the extraordinary general meeting.
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(2)
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Only relevant if you are the beneficial owner of shares held in street name. If you are a shareholder of record and you do not cast your vote, a vote will not be cast on your behalf on the proposal at the
extraordinary general meeting.
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Current Number of Authorized Ordinary Shares, Total
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1,481,482
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Authorized Ordinary Shares, Issued(1)
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579,493
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Authorized Ordinary Shares, Unissued
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901,989
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Ordinary shares reserved for future grants pursuant to equity incentive plans
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86,568
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Ordinary shares subject to outstanding equity- based awards
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10,238
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Shares issuable upon exercise of outstanding warrants
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275,881
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Remaining authorized, unissued available Ordinary Shares(2)
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529,302
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(1) |
The number of issued ordinary shares resulting from the 1-for-15 reverse share split as provided in this table is an estimate and is subject to adjustment due to potential rounding up of fractional shares held by shareholders who are
DTC participants.
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(2) |
Some of these available ordinary shares will need to be issued upon the conversion of amounts owed by our company to the Moringa sponsor under a convertible promissory note. Because the number of shares underlying that note depends on
fluctuating market prices or prices of potential financing transactions, we are unable to estimate the number of shares that will need to be reserved for issuance under that note, and we have therefore not reduced the number of
authorized, unissued available shares by those shares.
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each person who is the beneficial owner of more than 5% of the outstanding Silexion ordinary shares;
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the Company’s named executive officer and directors; and
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all of the Company’s executive officers and directors as a group.
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Name and Address of Beneficial Owner(1)
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Number of Shares
Beneficially Owned
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Approximate
Percentage of Outstanding
Ordinary Shares
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Directors and Executive Officers of Silexion:
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Ilan Hadar
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2,078
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(2)
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*
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Dror Abramov
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295
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Ruth Alon
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403
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Ilan Levin(3)
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15,309
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(4)
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2.6
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%
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Avner Lushi(5)
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14,720
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(6)
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2.5
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%
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Shlomo Noy(7)
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14,720
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(6)
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2.5
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%
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Amnon Peled
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-
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Dr. Mitchell Shirvan
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1,460
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(8)
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%
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Mirit Horenshtein Hadar, CPA
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421
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All executive officers and directors as a group (8 individuals)
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34,686
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(9)
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6.0
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%
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Five Percent Holders:
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Hudson Bay Master Fund(10)
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49,383
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7.9
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%
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Entities affiliated with Anson Advisors Inc and Anson Funds Management LP(11)
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49,383
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7.9
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%
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(1) |
Unless otherwise noted, the business address of each beneficial owner listed in the above table is c/o Silexion Therapeutics Corp, 12 Abba Hillel Road, Ramat Gan, Israel 5250606.
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(2) |
Includes 956 ordinary shares issuable upon exercise of options, at an exercise price of $907.65 per share, all of which are vested and currently exercisable.
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(3) |
The shares reported in this row are held of record by Moringa Sponsor, LP (the “Sponsor”), and/or by Greenstar, L.P. (the “PIPE
Investor”), each a Cayman Islands exempted limited partnership, as described in footnote (4) below. Moringa Partners Ltd., an Israeli company that is wholly-owned by Mr. Ilan Levin, serves as the sole general partner of each of
the Sponsor and the PIPE Investor. Mr. Levin, a director of Silexion, is the sole director of that general partner. As a result of his ownership of that general partner, Mr. Levin possesses sole voting and investment authority with
respect to the shares indirectly held by the Sponsor and the PIPE Investor. The limited partnership interests of the Sponsor and the PIPE Investor are held by various individuals and entities, including Mr. Levin. Mr. Levin disclaims
beneficial ownership of the securities held by the Sponsor and the PIPE Investor other than to the extent of his direct or indirect pecuniary interest in such securities. The address of each of the entities beneficially owning the
shares that are reported in this row is c/o Moringa Acquisition Corp, 250 Park Avenue, 7th floor, New York, NY 10177.
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(4) |
Consists of the total of: (i) 9,906 ordinary shares issued to the Sponsor as Sponsor Investment Shares (as defined under the business combination agreement
by and among (among other parties) Moringa, Silexion Therapeutics Ltd. and the Company (the “Business Combination Agreement”)); (ii) 2,614 ordinary shares issued to the Sponsor upon the closing
of the business combination under the Business Combination Agreement (the “Business Combination”) due to the conversion, on a one-for-one basis, of the 2,614 Moringa private shares held by it;
(iii) 1,307 ordinary shares underlying Silexion warrants issued to the Sponsor upon the closing of the Business Combination due to the conversion, on a one-for-one basis, of the 1,307 Moringa private warrants held by the Sponsor
(which Silexion warrants became exercisable 30 days after the closing of the Business Combination); and (iv) 1,482 ordinary shares issued to the PIPE Investor, pursuant to a PIPE financing. The foregoing beneficial ownership of
ordinary shares by the Sponsor does not include any ordinary shares that may be issued to the Sponsor upon conversion of amounts owed by Silexion to the Sponsor under a convertible promissory note issued by Silexion to the Sponsor, as
the potential number of such shares, and the timing of issuance of such shares, cannot be determined in advance.
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(5) |
The ordinary shares reported in this row consist entirely of ordinary shares held of record by Guangzhou Sino-Israel Biotech Fund (“GIBF”), with respect to which Mr. Lushi possesses shared voting
and investment authority as a result of his serving as a Managing Partner and CEO of GIBF.
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(6) |
Consists of (i) 13,599 ordinary shares issued to GIBF at the closing of the Business Combination in respect of its transfer of its noncontrolling interest in our Chinese subsidiary, Silenseed (China) Ltd., to our company, and (ii)
1,121 ordinary shares underlying fully-vested RSUs granted by our company to GIBF in respect of director services provided to our company by each of Avner Lushi and Shlomo Noy on behalf of GIBF.
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(7) |
The ordinary shares reported in this row consist entirely of ordinary shares held of record by GIBF, with respect to which Mr. Noy possesses shared voting and investment authority as a result of his serving as Chief Medical Officer of
GIBF.
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(8) |
Includes 478 ordinary shares issuable upon exercise of options, at an exercise price of $907.65 per share, all of which are vested and currently exercisable.
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(9) |
The number of ordinary shares reported in this row for all executive officers and directors as a group excludes shares underlying options and RSUs granted to the non-employee directors in February 2025, as those options and RSUs will
not vest within 60 days of July 15, 2025.
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(10) |
Represents 49,383 ordinary shares issuable upon exercise of warrants issued in connection with a warrant inducement exercise transaction that we entered into in January 2025 in respect of certain of our outstanding warrants (the “Warrant Inducement Transaction”). Hudson Bay Capital Management LP, the investment manager of Hudson Bay Master Fund Ltd., has voting and investment power over these securities. Sander Gerber is the
managing member of Hudson Bay Capital GP LLC, which is the general partner of Hudson Bay Capital Management LP. Each of Hudson Bay Master Fund Ltd. and Sander Gerber disclaims beneficial ownership over these securities.
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(11) |
Represents (i) 38,519 ordinary shares issuable upon exercise of warrants issued in connection with the Warrants Inducement Transaction that are held by Anson Investments Master Fund LP (“AIMF”)
and (ii) 10,864 ordinary shares issuable upon exercise of warrants issued in connection with the Warrant Inducement Transaction held by Anson East Master Fund LP (“AEMF”). Anson Advisors Inc and
Anson Funds Management LP, the Co-Investment Advisers of AIMF and AEMF, hold voting and dispositive power over the ordinary shares held by each of AIMF and AEMF. Tony Moore is the managing member of Anson Management GP LLC, which is the
general partner of Anson Funds Management LP. Moez Kassam and Amin Nathoo are directors of Anson Advisors Inc. Mr. Moore, Mr. Kassam and Mr. Nathoo each disclaim beneficial ownership of these ordinary shares except to the extent of their
pecuniary interest therein. The principal business address of each of AIMF and AEMF is Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands.
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FOLD AND DETACH HERE
FOR THE EXTRAORDINARY GENERAL MEETING OF THE COMPANY
TO BE HELD ON AUGUST 12, 2025
Extraordinary General Meeting of the Company to be held on August 12, 2025:
https://www.cstproxy.com/silexion/egm2025
THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THE AUTHORIZED SHARE CAPITAL INCREASE PROPOSAL.
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Please mark votes as indicated in this example: ☒
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|||||
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FOR
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AGAINST
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ABSTAIN
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Authorized Share Capital
Increase Proposal. An increase (pursuant to an ordinary resolution) to the authorized share capital of the Company, from US$20,000 divided into 1,481,482 ordinary shares, par value US$0.0135 each, to US$121,500 divided into
9,000,000 ordinary shares, par value US$0.0135 each
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☐
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☐
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☐
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“5. The authorized share capital of the Company is US$121,500, divided into 9,000,000 Ordinary Shares of a par value of US$0.0135 each.”
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Source: