Report of Foreign Issuer (6-k)
July 26 2017 - 7:06AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For
the month of July 2017
Commission
File Number 001-37381
MEDIGUS
LTD.
(Translation of registrant’s name into English)
Omer
Industrial Park, No. 7A, P.O. Box 3030, Omer 8496500, Israel
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): __
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): __
EXPLANATORY
NOTE
On
July 19, 2017, Medigus Ltd., or the Company, has entered into an exclusive distribution agreement with Admedics Advanced Medical
Solutions AG, or the Agreement. Under the terms of the Agreement, Admedics Advanced Medical Solutions AG, or Admedics AG, will
act as the Company’s exclusive distributor in Switzerland and Lichtenstein for a period of five years commencing as of July
1, 2017. The Agreement requires Admedics AG to purchase minimum annual quantities of the Company’s products, which are expected
to amount to at least EUR 1.8 million during the term of the Agreement. Under the terms of the Agreement either party may, at its
sole discretion, terminate the Agreement immediately upon the occurrence of: (i) a failure of the other party to perform a material
covenant, which is not cured within the time period set forth thereto, (ii) a breach of the other party’s warranties or representations,
which, if curable, is not cured within the time period set forth thereto, or (iii) the other party’s insolvency, inability
to pay debts, bankruptcy or was appointed a receiver; provided, however, that such failure, breach, status or appointment, if curable,
is not cured within the applicable period of time set forth thereto. In addition, the Company may terminate the Agreement immediately,
in the event Admedics AG: (a) engages in a competing activity not in accordance with the terms of the Agreement, (b) does not order
the minimum annual quantities set forth under the Agreement, (c) has all or a substantial portion of its assets assigned, conveyed,
or sold to an entity who engages in a competing activity with the Company, or (d) otherwise does not comply with the terms of exclusivity
or with its respective warranty obligations.
In
connection with the Agreement, on July 26, 2017, the Company issued a press release titled: “Medigus Broadens Availability
of MUSE™ Through Distribution Agreement With ADMEDICS AG in Switzerland and Liechtenstein.” A copy of this press release
is furnished herewith as exhibit 99.1.
This
Form 6-K is incorporated by reference into the Company’s Registration Statement on Form F-3 filed with the Commission on
August 24, 2016 (Registration No. 333-213280) and its Registration Statement on Form S-8 filed with the Commission on September
9, 2015 (Registration No. 333-206803).
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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MEDIGUS
LTD.
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Date:
July 26, 2017
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By:
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/s/
Oded Yatzkan
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Oded
Yatzkan
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Chief
Financial Officer
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EXHIBIT
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