Representing Vimore Network in Equity investment transaction

Adv’s Ehud (Udi) Arad and Roey Miodovnik Represented Vimore Network in an agreement for an Equity investment of NIS 10 million from Ayalon Insurance Company. Vimore develops an innovative system for the management and optimization of electric vehicle charging stations. The investment values Vimore Network at NIS 70 million (pre-money), and Ayalon will hold a 12.5% stake in the company after the investment.”