Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Warrants Presented At Fair Value

v3.5.0.2
Warrants Presented At Fair Value
12 Months Ended
Dec. 31, 2015
Warrants Presented At Fair Value [Abstract]  
WARRANTS PRESENTED AT FAIR VALUE
NOTE 10:- WARRANTS PRESENTED AT FAIR VALUE

 

The Company's outstanding warrants classified as a liability as of December 31, 2015 are as follows:

 

  Outstanding     Exercise price   Exercisable through   Fair value      
                       
    1,016,668     1.5   2019     439,607     Refer to Note 9a
    743,372     1.5   2019     321,434     Refer to Note 6c
    120,000     0.92(*)   (**)     61,200     Refer to Note 9h
    296,813     1.5   2020     139,681     Refer to Note 9a
                           
    2,176,853               961,922      

 

(*) Subject to changes as describe in the agreement.
(**) M&A or qualified IPO as described in the agreement.