Report of Foreign Issuer (6-k)
December 03 2018 - 8:32AM
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
December 2018
Commission
File Number 333-209744
TODOS
MEDICAL LTD.
(Translation
of registrant's name into English)
1
Hamada Street
Rehovot,
Israel 2244427
Tel:
(011) (972) 8-633-3964
(Address
of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of 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): ____
Entry
into a Material Definitive Agreement.
On
November 24, 2018, we entered into a binding agreement with Amarantus Bioscience Holdings, Inc. ("Amarantus"), a biotechnology
holding company, for the establishment of a joint venture to develop LymPro Test®, an immune-based neurodiagnostic blood test
originally developed at the University of Leipzig, as a diagnostic blood test for detection of Alzheimer’s disease (the
"Joint Venture Transaction"). Pursuant to the agreement, we will issue to Amarantus 19.99% of our outstanding ordinary
shares, in exchange for 19.99% of Breakthrough Diagnostics, Inc., a wholly-owned subsidiary of Amarantus. As part of the Joint
Venture Transaction, all rights to the LymPro Test and certain other diagnostic assets will be assigned by Amarantus to Breakthrough
Diagnostics. In addition, Amarantus will grant us an exclusive option to acquire the remaining 80.01% of Breakthrough Diagnostics
in exchange for an additional 30.01% of our outstanding shares. The exclusive option will be exercisable upon Amarantus entering
into an amended and restated license agreement with the University of Leipzig. The closing of the Joint Venture Transaction is
subject to our raising $1,000,000 in equity or debt financing.
Financial
Statements and Exhibits.
The
following Exhibit is filed as part of this Report.
Signatures
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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TODOS
MEDICAL LTD.
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|
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Date:
December 3, 2018
|
By:
|
/s/ Dr.
Herman Weiss
|
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Name:
Dr. Herman Weiss
|
|
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Title:
Chief Executive Officer
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2
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