<SEC-DOCUMENT>0001178913-21-000198.txt : 20210120
<SEC-HEADER>0001178913-21-000198.hdr.sgml : 20210120
<ACCEPTANCE-DATETIME>20210120084125
ACCESSION NUMBER:		0001178913-21-000198
CONFORMED SUBMISSION TYPE:	POS AM
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210120
DATE AS OF CHANGE:		20210120

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Perion Network Ltd.
		CENTRAL INDEX KEY:			0001338940
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		POS AM
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-238020
		FILM NUMBER:		21537469

	BUSINESS ADDRESS:	
		STREET 1:		AZRIELI CENTER 1, BUILDING A, 4TH FLOOR
		STREET 2:		26 HAROKMIM ST.
		CITY:			HOLON
		STATE:			L3
		ZIP:			5885849
		BUSINESS PHONE:		972-73-398-1572

	MAIL ADDRESS:	
		STREET 1:		AZRIELI CENTER 1, BUILDING A, 4TH FLOOR
		STREET 2:		26 HAROKMIM ST.
		CITY:			HOLON
		STATE:			L3
		ZIP:			5885849

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Perion Networks Ltd.
		DATE OF NAME CHANGE:	20111108

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	IncrediMail Ltd.
		DATE OF NAME CHANGE:	20050916
</SEC-HEADER>
<DOCUMENT>
<TYPE>POS AM
<SEQUENCE>1
<FILENAME>zk2125386.htm
<DESCRIPTION>POS AM
<TEXT>
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    <div style="text-align: center; line-height: 1.25; font-weight: bold;">As filed with the Securities and Exchange Commission on January 20, 2021</div>
    <div style="line-height: 1.25;">
      <div style="text-align: right; line-height: 1.25; font-weight: bold;">Registration No. 333-238020</div>
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">
      <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; margin-left: auto; margin-right: auto;"><font style="background-color: rgb(255, 255, 255); font-weight: bold; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-style: normal; font-variant: normal; text-transform: none;">SECURITIES AND EXCHANGE COMMISSION</font></div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Washington, D.C. 20549</div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
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        <hr align="center" style="height: 1px; width: 15%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">POST-EFFECTIVE AMENDMENT NO.1</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">FORM F-3</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">REGISTRATION STATEMENT<br>
      UNDER<br>
      THE SECURITIES ACT OF 1933</div>
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      <div style="line-height: 1.25">&#160;
        <hr align="center" style="height: 1px; width: 15%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
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      </div>
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">PERION NETWORK LTD.</div>
    <div style="text-align: center; line-height: 1.25;">(Exact Name of Registrant as Specified in Its Charter)</div>
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            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Israel</div>
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            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Not Applicable</div>
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        <tr>
          <td style="width: 33.34%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25;">(State or Other Jurisdiction of<br>
              Incorporation or Organization)</div>
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          <td style="width: 33.33%; vertical-align: top;">&#160;</td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25;">(I.R.S. Employer<br>
              Identification Number)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 33.34%; vertical-align: top;">&#160;</td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">26 HaRokmim Street</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Holon 5885849, Israel</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Tel: (+972) (73) 398-1000</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">&#160;</td>
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          <td style="width: 100%; vertical-align: top;" colspan="3">
            <div style="text-align: center; line-height: 1.25;">(Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant&#8217;s Principal Executive Offices)</div>
          </td>
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            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Intercept Interactive Inc. d/b/a Undertone<br>
              One World Trade Center, 77th Floor, Suite A,<br>
              New York, NY 10007</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Phone: (212) 685-8000</div>
          </td>
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            <div style="text-align: center; line-height: 1.25;">(Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent For Service)</div>
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            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-style: italic; font-weight: bold;">Copies of all communications, including communications sent to agent for service, should be sent to:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 33%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-bottom: 1px solid rgb(0, 0, 0);">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Dr. Shachar Hadar, Adv.</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Jonathan M. Nathan, Adv.</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Meitar | Law Offices</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">16 Abba Hillel Silver Rd.</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Ramat Gan 52506, Israel</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Tel: (+972) (3) 610-3100</div>
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            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Michael Kaplan</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Yasin Keshvargar</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Davis Polk &amp; Wardwell LLP</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">450 Lexington Avenue</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">New York, New York 10017</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(212) 450-4000</div>
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    <div style="text-indent: 18pt; line-height: 1.25;"><font style="font-weight: bold;">Approximate date of commencement of proposed sale to the public</font>: From time to time after this Registration Statement becomes effective as determined by market
      conditions.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 18pt; line-height: 1.25;">If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box. &#9744;</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 18pt; line-height: 1.25;">If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, please check the following box. &#9744;</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 18pt; line-height: 1.25;">If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration
      statement number of the earlier effective registration statement for the same offering. &#9746; File Number 333-238020</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 18pt; line-height: 1.25;">If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier
      effective registration statement for the same offering. &#9744;</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 18pt; line-height: 1.25;">If this Form is a registration statement pursuant to General Instruction I.C. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e)
      under the Securities Act, check the following box. &#9744;</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 18pt; line-height: 1.25;">If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.C. filed to register additional securities or additional classes of securities pursuant to
      Rule 413(b) under the Securities Act, check the following box. &#9744;</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 18pt; line-height: 1.25;">Indicate by check mark whether the registrant is an emerging growth company, as defined in Rule 405 of the Securities Act of 1933.</div>
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    <div style="text-indent: 18pt; line-height: 1.25;">Emerging growth company <font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 18pt; line-height: 1.25;">If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for
      complying with any new or revised financial accounting standards&#8224; provided pursuant to Section 7(a)(2)(B) of the Securities Act. &#9744;</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 18pt; line-height: 1.25;">&#8224; The term &#8220;new or revised financial accounting standard&#8221; refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.</div>
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      <div style="text-align: center; line-height: 1.25; font-weight: bold;">EXPLANATORY NOTE: DEREGISTRATION OF SECURITIES</div>
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    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">This Post-Effective Amendment No. 1 to Form F-3 Registration Statement relates to the Registration Statement on Form F-3 (File No. 333-238020) (the &#8220;Registration Statement&#8221;) of Perion Network Ltd. (the &#8220;Registrant&#8221;)
      filed with the Securities and Exchange Commission (&#8220;SEC&#8221;) on May 6, 2020 and declared effective on May 15, 2020, for the offer and sell in one or more offerings from time to time of up to a total dollar amount of $55,000,000 in securities to be sold
      by the Registrant and an aggregate of 5,060,729 ordinary shares, par value NIS 0.03, of the Registrant (the &#8220;Secondary Registered Shares&#8221;) to be sold by selling shareholders, to be named in a supplement to the prospectus forming part of the
      Registration Statement.</div>
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    <div style="line-height: 1.25;">The Registrant has decided to deregister all of the Secondary Registered Shares, which are authorized for sale under the Registration Statement but which remain unsold to date. Pursuant to the undertaking contained in
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    <div style="text-align: center; line-height: 1.25; font-weight: bold;">SIGNATURES</div>
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    <div style="text-indent: 18pt; line-height: 1.25;">Pursuant to the requirements of the Securities Act, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused
      this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Holon, State of Israel on January 20, 2021.</div>
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            <div style="line-height: 1.25;">By:</div>
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            <div style="line-height: 1.25; font-style: italic;">/s/ Doron Gerstel</div>
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          <td style="vertical-align: bottom; width: 20%; padding-bottom: 2px;" colspan="1">&#160;</td>
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          <td style="width: 50%; vertical-align: top;" colspan="1">&#160;</td>
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            <div style="line-height: 1.25;">Name:</div>
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          <td style="width: 23%; vertical-align: top;">
            <div style="line-height: 1.25;">Doron Gerstel</div>
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          <td style="width: 20%; vertical-align: top;" colspan="1">&#160;</td>
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            <div style="line-height: 1.25;">Title:</div>
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          <td style="width: 23%; vertical-align: top;">
            <div style="line-height: 1.25;">Chief Executive Officer</div>
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          <td style="width: 20%; vertical-align: top;" colspan="1">&#160;</td>
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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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    <div style="text-indent: 18pt; line-height: 1.25;">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.</div>
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            <div style="text-align: center; line-height: 1.25; font-weight: bold;"><u>Signature</u></div>
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            <div style="text-align: center; line-height: 1.25; font-weight: bold;"><u>Title</u></div>
          </td>
          <td style="width: 20.84%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-weight: bold;"><u>Date</u></div>
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          <td style="width: 36.5%; vertical-align: top;">&#160;</td>
          <td style="width: 42.66%; vertical-align: top;">&#160;</td>
          <td style="width: 20.84%; vertical-align: top;">&#160;</td>
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          <td style="width: 36.5%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; line-height: 1.25; font-style: italic;">*</div>
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          <td style="width: 42.66%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25;">Chairman of the Board of Directors</div>
          </td>
          <td style="width: 20.84%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25;">January 20, 2021</div>
          </td>
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          <td style="width: 36.5%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25;">Eyal Kaplan</div>
          </td>
          <td style="width: 42.66%; vertical-align: bottom;">&#160;</td>
          <td style="width: 20.84%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 36.5%; vertical-align: top;">&#160;</td>
          <td style="width: 42.66%; vertical-align: bottom;">&#160;</td>
          <td style="width: 20.84%; vertical-align: top;">&#160;</td>
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            <div style="text-align: center; line-height: 1.25;">/s/ <font style="font-style: italic;">Doron Gerstel</font></div>
          </td>
          <td style="width: 42.66%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25;">Chief Executive Officer and Director</div>
          </td>
          <td style="width: 20.84%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25;">January 20, 2021</div>
          </td>
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        <tr>
          <td style="width: 36.5%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25;">Doron Gerstel</div>
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            <div style="text-align: center; line-height: 1.25;">(Principal Executive Officer)</div>
          </td>
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    <div style="line-height: 1.25;">*&#160; &#160; The undersigned, by signing his name hereto, signs and executes this Registration Statement pursuant to the Powers of Attorney executed by the above named signatories and previously filed with the Commission on May
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