March 26, 2017 2:35 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of Nano-Textile Ltd.

Company Overview

Nano-Textile Ltd., a development stage company, focuses on the development, production, and sale of non-disposable anti-bacterial textile products to hospitals. The company was formerly known as T.A.B. Anti-Bacterial Textiles Ltd. and changed its name to Nano-Textile Ltd. in September 2014. Nano-Textile Ltd. was founded in 2013 and is based in Nahariya, Israel.

14 Izhak Sade Street

Nahariya,  2230507

Israel

Founded in 2013

Phone:

972 50 652 1727

Key Executives for Nano-Textile Ltd.

Chief Executive Officer
Age: 33
Chief Financial Officer
Age: 47
Vice President
Vice President
Compensation as of Fiscal Year 2016.

Nano-Textile Ltd. Key Developments

Nano-Textile Ltd. Appoints Mr. Chai Sean Herchcovici to its Board of Directors

On February 9, 2017, the Board of Directors of the Nano-Textile Ltd. approved the appointment of Mr. Chai Sean Herchcovici to its Board of Directors. Since 2015, Mr. Herchcovici has served as Business Development Manager of the company. In addition, since 2013, Mr. Herchcovici has served as Business Development Manager of Shay Sapir Investment company.

Nano-Textile Ltd. Announces Management Changes

Nano-Textile Ltd., Board of Directors approved certain changes in the company's management team. Mr. Raz Gal, who currently provides business development and legal advisory services to the company, was appointed the company's Chief Executive Officer, effective as of June 1, 2016, replacing Mr. Erez Ovdat who resigned from his position as the company's Chief Executive Officer, effective as of May 23, 2016. Since 2015, Mr. Gal, has served as Chief Operating Officer of Shay Sapir Investments Ltd. In light of the financial situation of the company, Mr. Gal will not be receiving a salary at this time for serving as the CEO of the company.

Nano-Textile Ltd. Announces resignation of Meir Elishkov from the Board of Directors

On March 20, 2016, Meir Elishkov resigned from the Board of Directors of the Nano-Textile Ltd.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
October 26, 2016
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