Silynxcom faces Israel lawsuit alleging CEO, marketing VP seized family control, diluted heirs’ stake

• Silynxcom faces a claim in Israel’s Central District Court alleging its CEO and a director wrongfully seized control of a family business.
• Suit alleges reliance on an invalid proxy to issue 9,833,333 shares in a U.S. unit to the CEO, leaving the late mother with 1,000,000.
• Claims also target a $250,000 purchase of a 25% stake from Shamrock in November 2019, citing lack of notice.
• Plaintiffs seek NIS 16.93 million from the two executives or 650,694 company shares each, plus additional compensation.
• Silynxcom disputes the allegations and plans to fight the case, including seeking dismissal where appropriate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silynxcom Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-095151), on August 28, 2026, and is solely responsible for the information contained therein.