Filing Details
- Accession Number:
- 0000950103-22-002218
- Form Type:
- 13G Filing
- Publication Date:
- 2022-02-07 19:00:00
- Filed By:
- Zilka Yahal
- Company:
- Valens Semiconductor Ltd.
- Filing Date:
- 2022-02-08
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Yahal Zilka | 0 | 19,140,612 | 0 | 19,140,612 | 19,140,612 | 19.5% |
| Modi Rosen | 0 | 19,140,612 | 0 | 19,140,612 | 19,140,612 | 19.5% |
| Magma Venture Partners General Partner Ltd | 0 | 19,140,612 | 0 | 19,140,612 | 19,140,612 | 19.5% |
| Magma Venture Capital Management II | 0 | 19,140,612 | 0 | 19,140,612 | 19,140,612 | 19.5% |
| Magma Venture Capital II (Israel) | 0 | 2,526,281 | 0 | 2,526,281 | 2,526,281 | 2.6% |
| Magma Venture Capital II | 0 | 12,817,180 | 0 | 12,817,180 | 12,817,180 | 13.1% |
| Magma Venture Capital II CEO Fund | 0 | 293,001 | 0 | 293,001 | 293,001 | 0.3% |
| Valens Co Investment Fund | 0 | 3,504,150 | 0 | 3,504,150 | 3,504,150 | 3.6% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
____________________
Valens Semiconductor Ltd.
(Name of Issuer)
ORDINARY SHARES, NO PAR VALUE
(Title of Class of Securities)
M9607U115
(CUSIP Number)
December 31, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ☐ | Rule 13d-1(b) |
| ☐ | Rule 13d-1(c) |
| ☒ | Rule 13d-1(d) |
_______________
| * | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. M9607U115 | 13G | Page 2 of 14 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Yahal Zilka | ||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☐ | ||
| 3. | SEC USE ONLY
| ||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
Israel and United States of America | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER
–0– | |
| 6. | SHARED VOTING POWER
19,140,612 | ||
| 7. | SOLE DISPOSITIVE POWER
–0– | ||
| 8. | SHARED DISPOSITIVE POWER
19,140,612 | ||
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,140,612 | ||
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐ | ||
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.5% | ||
| 12. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN | ||
| * | The percentage of shares beneficially owned as set forth in row 11 above is based on a total of 98,094,171 Ordinary Shares as of October 1, 2021, as reported by the Issuer in its prospectus filed with the SEC on October 27, 2021. |
| CUSIP No. M9607U115 | 13G | Page 3 of 14 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Modi Rosen | ||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☐ | ||
| 3. | SEC USE ONLY
| ||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
Israel | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER
–0– | |
| 6. | SHARED VOTING POWER
19,140,612 | ||
| 7. | SOLE DISPOSITIVE POWER
–0– | ||
| 8. | SHARED DISPOSITIVE POWER
19,140,612 | ||
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,140,612 | ||
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐ | ||
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.5% | ||
| 12. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN | ||
| * | The percentage of shares beneficially owned as set forth in row 11 above is based on a total of 98,094,171 Ordinary Shares as of October 1, 2021, as reported by the Issuer in its prospectus filed with the SEC on October 27, 2021. |
| CUSIP No. M9607U115 | 13G | Page 4 of 14 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Magma Venture Partners General Partner Ltd. | ||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☐ | ||
| 3. | SEC USE ONLY
| ||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
Israel | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER
–0– | |
| 6. | SHARED VOTING POWER
19,140,612 | ||
| 7. | SOLE DISPOSITIVE POWER
–0– | ||
| 8. | SHARED DISPOSITIVE POWER
19,140,612 | ||
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,140,612 | ||
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐ | ||
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.5% | ||
| 12. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN | ||
| * | The percentage of shares beneficially owned as set forth in row 11 above is based on a total of 98,094,171 Ordinary Shares as of October 1, 2021, as reported by the Issuer in its prospectus filed with the SEC on October 27, 2021. |
| CUSIP No. M9607U115 | 13G | Page 5 of 14 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Magma Venture Capital Management II LP | ||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☐ | ||
| 3. | SEC USE ONLY
| ||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER
–0– | |
| 6. | SHARED VOTING POWER
19,140,612 | ||
| 7. | SOLE DISPOSITIVE POWER
–0– | ||
| 8. | SHARED DISPOSITIVE POWER
19,140,612 | ||
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,140,612 | ||
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐ | ||
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.5% | ||
| 12. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN | ||
| * | The percentage of shares beneficially owned as set forth in row 11 above is based on a total of 98,094,171 Ordinary Shares as of October 1, 2021, as reported by the Issuer in its prospectus filed with the SEC on October 27, 2021. |
| CUSIP No. M9607U115 | 13G | Page 6 of 14 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Magma Venture Capital II (Israel), L.P | ||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☐ | ||
| 3. | SEC USE ONLY
| ||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER
–0– | |
| 6. | SHARED VOTING POWER
2,526,281 | ||
| 7. | SOLE DISPOSITIVE POWER
–0– | ||
| 8. | SHARED DISPOSITIVE POWER
2,526,281 | ||
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,526,281 | ||
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐ | ||
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.6% | ||
| 12. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN | ||
| * | The percentage of shares beneficially owned as set forth in row 11 above is based on a total of 98,094,171 Ordinary Shares as of October 1, 2021, as reported by the Issuer in its prospectus filed with the SEC on October 27, 2021. |
| CUSIP No. M9607U115 | 13G | Page 7 of 14 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Magma Venture Capital II L.P | ||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☐ | ||
| 3. | SEC USE ONLY
| ||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER
–0– | |
| 6. | SHARED VOTING POWER
12,817,180 | ||
| 7. | SOLE DISPOSITIVE POWER
–0– | ||
| 8. | SHARED DISPOSITIVE POWER
12,817,180 | ||
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,817,180 | ||
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐ | ||
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.1% | ||
| 12. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN | ||
| * | The percentage of shares beneficially owned as set forth in row 11 above is based on a total of 98,094,171 Ordinary Shares as of October 1, 2021, as reported by the Issuer in its prospectus filed with the SEC on October 27, 2021. |
| CUSIP No. M9607U115 | 13G | Page 8 of 14 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Magma Venture Capital II CEO Fund, L.P | ||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☐ | ||
| 3. | SEC USE ONLY
| ||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER
–0– | |
| 6. | SHARED VOTING POWER
293,001 | ||
| 7. | SOLE DISPOSITIVE POWER
–0– | ||
| 8. | SHARED DISPOSITIVE POWER
293,001 | ||
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
293,001 | ||
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐ | ||
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.3% | ||
| 12. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN | ||
| * | The percentage of shares beneficially owned as set forth in row 11 above is based on a total of 98,094,171 Ordinary Shares as of October 1, 2021, as reported by the Issuer in its prospectus filed with the SEC on October 27, 2021. |
| CUSIP No. M9607U115 | 13G | Page 9 of 14 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Valens Co Investment Fund L.P. | ||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☐ | ||
| 3. | SEC USE ONLY
| ||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER
–0– | |
| 6. | SHARED VOTING POWER
3,504,150 | ||
| 7. | SOLE DISPOSITIVE POWER
–0– | ||
| 8. | SHARED DISPOSITIVE POWER
3,504,150 | ||
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,504,150 | ||
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐ | ||
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.6% | ||
| 12. | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN | ||
| * | The percentage of shares beneficially owned as set forth in row 11 above is based on a total of 98,094,171 Ordinary Shares as of October 1, 2021, as reported by the Issuer in its prospectus filed with the SEC on October 27, 2021. |
| CUSIP No. M9607U115 | 13G | Page 10 of 14 Pages |
Item 1(a). Name of Issuer:
Valens Semiconductor Ltd. (the “Issuer”)
Item 1(b). Address of Issuer’s Principal Executive Offices:
8 Hanagar St. POB 7152, Hod Hasharon 4501309, Israel
Item 2(a). Name of Person Filing:
This statement is being filed by the following persons with respect to certain Ordinary Shares (the “Shares”) of the Issuer. Magma Venture Capital II (Israel), L.P. (“Magma II (Israel)”), Magma Venture Capital II L.P. (“Magma II”) and Magma Venture Capital II CEO Fund, L.P. (“Magma II CEO”) and Valens Co Investment Fund L.P. (“Valens Investment Fund” and, together with Magma II (Israel), Magma II and Magma II CEO, the “Funds”) directly own Ordinary Shares.
| (a) | Yahal Zilka, the owner of fifty percent of Magma General Partner; |
| (b) | Modi Rosen, the owner of fifty percent of Magma General Partner; |
| (c) | Magma Venture Partners General Partner Ltd. (“Magma General Partner”), the sole general partner of Magma Venture Capital Management II L.P. (“Magma Management II”); |
| (d) | Magma Management II, the sole general partner of Magma II (Israel), Magma II and Magma II CEO and the co-general partner of Valens Investment Fund; |
| (e) | Magma II (Israel), which directly owns 2,526,281 Shares; |
| (f) | Magma II, which directly owns 12,817,180 Shares; |
| (g) | Magma II CEO, which directly owns 293,001 Shares; and |
| (i) | Valens Investment Fund, which directly owns 3,504,150 Shares. |
Yahal Zilka, Modi Rosen, Magma General Partner, Magma Management II, Magma II (Israel), Magma II, Magma II CEO and Valens Investment Fund are sometimes individually referred to herein as a “Reporting Person” and collectively as the “Reporting Persons.”
Item 2(b). Address of Principal Business Office or, if None, Residence:
The address of the principal business office of each of the Reporting Persons:
c/o 22 Rothschild Blvd.
25th floor
Tel Aviv, 6688218
Israel
Item 2(c). Citizenship:
Yahal Zilka — Israel and United States of America
Modi Rosen — Israel
Magma General Partner — Israel
Magma Management II — Cayman Islands
Magma II (Israel) — Cayman Islands
Magma II — Cayman Islands
Magma II CEO — Cayman Islands
Valens Investment Fund — Cayman Islands
Item 2(d). Title of Class of Securities:
Ordinary Shares, No Par Value
Item 2(e). CUSIP Number: M9607U115
Item 3. Not Applicable.
| CUSIP No. M9607U115 | 13G | Page 11 of 14 Pages |
Item 4. Ownership.
The Reporting Persons hold ordinary shares of the Issuer.
For Yahal Zilka:
| (a) | Amount beneficially owned: 19,140,612 ordinary shares. |
| (b) | Percent of class: 19.5% |
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote: –0– |
| (ii) | Shared power to vote or to direct the vote: 19,140,612 |
| (iii) | Sole power to dispose or to direct the disposition of: –0– |
| (iv) | Shared power to dispose or to direct the disposition of: 19,140,612 |
For Modi Rosen:
| (a) | Amount beneficially owned: 19,140,612 ordinary shares. |
| (b) | Percent of class: 19.5% |
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote: –0– |
| (ii) | Shared power to vote or to direct the vote: 19,140,612 |
| (iii) | Sole power to dispose or to direct the disposition of: –0– |
| (iv) | Shared power to dispose or to direct the disposition of: 19,140,612 |
For Magma General Partner:
| (a) | Amount beneficially owned: 19,140,612 ordinary shares. |
| (b) | Percent of class: 19.5% |
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote: –0– |
| (ii) | Shared power to vote or to direct the vote: 19,140,612 |
| (iii) | Sole power to dispose or to direct the disposition of: –0– |
| (iv) | Shared power to dispose or to direct the disposition of: –19,140,612 |
For Magma Management II:
| (a) | Amount beneficially owned: 19,140,612 ordinary shares. |
| (b) | Percent of class: 19.5% |
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote: –0– |
| (ii) | Shared power to vote or to direct the vote: 19,140,612 |
| (iii) | Sole power to dispose or to direct the disposition of: –0– |
| (iv) | Shared power to dispose or to direct the disposition of: 19,140,612 |
For Magma II (Israel):
| (a) | Amount beneficially owned: 2,526,281 ordinary shares |
| (b) | Percent of class: 2.6% |
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote: –0– |
| (ii) | Shared power to vote or to direct the vote: 2,526,281 |
| (iii) | Sole power to dispose or to direct the disposition of:–0– |
| (iv) | Shared power to dispose or to direct the disposition of: 2,526,281 |
For Magma II:
| (a) | Amount beneficially owned: 12,817,180 ordinary shares |
| (b) | Percent of class: 13.1% |
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote: –0– |
| (ii) | Shared power to vote or to direct the vote: 12,817,180 |
| (iii) | Sole power to dispose or to direct the disposition of: –0– |
| (iv) | Shared power to dispose or to direct the disposition of: 12,817,180 |
Magma II CEO:
| (a) | Amount beneficially owned: 293,001 ordinary shares |
| (b) | Percent of class: 0.3% |
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote:–0– |
| (ii) | Shared power to vote or to direct the vote: 293,001 |
| (iii) | Sole power to dispose or to direct the disposition of: –0– |
| (iv) | Shared power to dispose or to direct the disposition of: 293,001 |
For Valens Investment Fund:
| (a) | Amount beneficially owned: 3,504,150 ordinary shares. |
| (b) | Percent of class: 3.6% |
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote: –0– |
| (ii) | Shared power to vote or to direct the vote: 3,504,150 |
| (iii) | Sole power to dispose or to direct the disposition of: –0– |
| (iv) | Shared power to dispose or to direct the disposition of: 3,504,150 |
| CUSIP No. M9607U115 | 13G | Page 12 of 14 Pages |
Item 5. Ownership of Five Percent or Less of a Class Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
As the general partner of Magma Management II (which is the sole general partner of Magma II (Israel), Magma II and Magma II CEO and the co-general partner of Valens Investment Fund), Magma General Partner may be deemed to beneficially own all 19,140,612 Shares held directly by the Funds and have the power to direct the dividends from or the proceeds of the sale of such Shares. Yahal Zilka and Modi Rosen, who jointly control Magma General Partner, may be deemed to beneficially own all 19,140,612 Shares held directly by the Funds and have the joint power to direct the dividends from or the proceeds of the sale of such Shares.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Not applicable.
| CUSIP No. M9607U115 | 13G | Page 13 of 14 Pages |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 8, 2022
| YAHAL ZILKA | ||
| /s/ Yahal Zilka | ||
| Name: | Yahal Zilka | |
| MODI ROSEN | ||
| /s/ Modi Rosen | ||
| Name: | Modi Rosen | |
| MAGMA VENTURE PARTNERS GENERAL PARTNER LTD. | ||
| /s/ Yahal Zilka | ||
| Name: | Yahal Zilka | |
| /s/ Modi Rosen | ||
| Name: | Modi Rosen | |
| MAGMA VENTURE CAPITAL MANAGEMENT II L.P. | ||
| By: | Magma Venture Partners General Partner Ltd., its General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors | |
| MAGMA VENTURE CAPITAL II (ISRAEL), L.P. | ||
| By: | Magma Venture Capital Management II L.P., its General Partner | |
| By: | Magma Venture Partners General Partner Ltd., its General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors | |
| MAGMA VENTURE CAPITAL II L.P. | ||
| By: | Magma Venture Capital Management II L.P., its General Partner | |
| By: | Magma Venture Partners General Partner Ltd., its General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors | |
| MAGMA VENTURE CAPITAL II CEO FUND, L.P. | ||
| By: | Magma Venture Capital Management II L.P., its General Partner | |
| By: | Magma Venture Partners General Partner Ltd., its General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors | |
| VALENS CO INVESTMENT FUND L.P. | ||
| By: | Magma Venture Capital Management II L.P., its co-General Partner | |
| By: | Magma Venture Partners General Partner Ltd., its General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors | |
| By: | MVP II Co-Investment GP L.P., its co-General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors |
| CUSIP No. M9607U115 | 13G | Page 14 of 14 Pages |
EXHIBIT INDEX
| Exhibit 1. | Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended |
JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate.
Date: February 8, 2022
| YAHAL ZILKA | ||
| /s/ Yahal Zilka | ||
| Name: | Yahal Zilka | |
| MODI ROSEN | ||
| /s/ Modi Rosen | ||
| Name: | Modi Rosen | |
| MAGMA VENTURE PARTNERS GENERAL PARTNER LTD. | ||
| /s/ Yahal Zilka | ||
| Name: | Yahal Zilka | |
| /s/ Modi Rosen | ||
| Name: | Modi Rosen | |
| MAGMA VENTURE CAPITAL MANAGEMENT II L.P. | ||
| By: | Magma Venture Partners General Partner Ltd., its General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors | |
| MAGMA VENTURE CAPITAL II (ISRAEL), L.P. | ||
| By: | Magma Venture Capital Management II L.P., its General Partner | |
| By: | Magma Venture Partners General Partner Ltd., its General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors | |
| MAGMA VENTURE CAPITAL II L.P. | ||
| By: | Magma Venture Capital Management II L.P., its General Partner | |
| By: | Magma Venture Partners General Partner Ltd., its General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors | |
| MAGMA VENTURE CAPITAL II CEO FUND, L.P. | ||
| By: | Magma Venture Capital Management II L.P., its General Partner | |
| By: | Magma Venture Partners General Partner Ltd., its General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors | |
| VALENS CO INVESTMENT FUND L.P. | ||
| By: | Magma Venture Capital Management II L.P., its co-General Partner | |
| By: | Magma Venture Partners General Partner Ltd., its General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors | |
| By: | MVP II Co-Investment GP L.P., its co-General Partner | |
| /s/ Yahal Zilka and Modi Rosen | ||
| Name: | Yahal Zilka and Modi Rosen | |
| Title: | Directors |