Director Asaf Itzhaik filed a Form 3 Initial Statement of Beneficial Ownership with the SEC on November 2, 2026, reporting derivative securities held in Gix Internet Ltd. (NASDAQ:GIXI) as of the event date of August 31, 2026.

Key Highlights

  • Reporting person: Asaf Itzhaik, identified as a Director of Gix Internet Ltd.
  • Event date: August 31, 2026, with the form filed on November 2, 2026.
  • Option holding: An option to purchase 3,333 Ordinary Shares, exercisable from September 14, 2022, and expiring September 13, 2032, at an exercise price of $16.64 per share (direct ownership).
  • Warrant holding: Warrants to purchase 48,000 Ordinary Shares, exercisable from August 14, 2025, and expiring August 13, 2028, at an exercise price of $6.74 per share (direct ownership).
  • Currency conversion: Both exercise prices were originally denominated in New Israeli Shekels and converted to USD using the Bank of Israel exchange rate of NIS 3.1180 = USD 1.00 as of October 30, 2026.
  • No non-derivative securities reported: Table I, covering directly or indirectly held non-derivative securities, lists no holdings.

Director Itzhaik's Derivative Holdings in Gix Internet Ltd.

According to the filing, Asaf Itzhaik submitted this initial beneficial ownership statement in connection with becoming subject to Section 16(a) reporting obligations as a Director of Gix Internet Ltd. The issuer is listed on NASDAQ under the ticker GIXI and also carries the foreign trading symbol GIXI.TA. The event requiring the statement is dated August 31, 2026, though the form was filed with the SEC on November 2, 2026.

The filing discloses two derivative securities held directly by Itzhaik. The first is an option to purchase 3,333 Ordinary Shares, with an exercise price reported as $16.64, originally denominated as NIS 51.9 and converted at the Bank of Israel rate of NIS 3.1180 per USD 1.00 as of October 30, 2026. This option became exercisable on September 14, 2022, and expires on September 13, 2032. The second instrument is a warrant to purchase 48,000 Ordinary Shares at an exercise price of $6.74, originally NIS 21, converted using the same exchange rate. That warrant became exercisable on August 14, 2025, and expires August 13, 2028.

The filing reports no non-derivative securities held directly or indirectly by Itzhaik. The form was filed by one reporting person and indicates no amendments to a prior filing. The address listed for Itzhaik is c/o Gix Internet Ltd., 2 Jabotinsky St., Atrium Tower, 18th Floor, Ramat Gan, Israel.

What Was Disclosed

Asaf Itzhaik, a Director of Gix Internet Ltd. (NASDAQ:GIXI), disclosed initial beneficial ownership of two derivative securities: an option covering 3,333 Ordinary Shares expiring September 2032 and warrants covering 48,000 Ordinary Shares expiring August 2028, both held directly with no non-derivative securities reported.