<SEC-DOCUMENT>0001178913-22-002809.txt : 20220727
<SEC-HEADER>0001178913-22-002809.hdr.sgml : 20220727
<ACCEPTANCE-DATETIME>20220727160203
ACCESSION NUMBER:		0001178913-22-002809
CONFORMED SUBMISSION TYPE:	F-3
PUBLIC DOCUMENT COUNT:		8
FILED AS OF DATE:		20220727
DATE AS OF CHANGE:		20220727

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ELTEK LTD
		CENTRAL INDEX KEY:			0001024672
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTED CIRCUIT BOARDS [3672]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-266346
		FILM NUMBER:		221110997

	BUSINESS ADDRESS:	
		STREET 1:		SGOOLA INDUSTRIAL ZONE
		STREET 2:		P O B 159
		CITY:			PETACH TIKVA
		STATE:			L3
		ZIP:			49101 I
		BUSINESS PHONE:		972-3-9395025

	MAIL ADDRESS:	
		STREET 1:		SGOOLA INDUSTRIAL ZONE
		STREET 2:		P O B 159
		CITY:			PETACH TIKVA
		STATE:			L3
		ZIP:			49101
</SEC-HEADER>
<DOCUMENT>
<TYPE>F-3
<SEQUENCE>1
<FILENAME>zk2228199.htm
<DESCRIPTION>F-3
<TEXT>
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    <div style="text-align: right; line-height: 1.25;"><font style="font-weight: bold;">Registration&#160;No.&#160;333-</font>&#160;<font style="font-weight: bold;">_______</font></div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">As filed with the Securities and Exchange Commission on July 27, 2022
      <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;"></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;">UNITED STATES</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;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Washington, D.C. 20549</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; line-height: 1.25;"><img width="246" height="1" src="image0.jpg"></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 THE SECURITIES ACT OF 1933</div>
    <div style="text-align: center; line-height: 1.25;"><img width="246" height="1" src="image1.jpg"></div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"> <br>
    </div>
    <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;">Eltek Ltd.</div>
    <div style="text-align: center; line-height: 1.25;">(Exact name of Registrant as specified in its charter)</div>
    <div style="text-align: center; line-height: 1.25;">_____________</div>
    <div style="line-height: 1.25">&#160;</div>
    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z95f30047ec264cf287fbda8b891d6196">

        <tr>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">State of Israel</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">3672</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">(State or other jurisdiction of</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">incorporation or organization)</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">(Primary Standard Industrial<br>
              Classification Code Number)</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">(I.R.S. Employer Identification No.)</div>
          </td>
        </tr>

    </table>
    <div style="text-align: center; line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">20 Ben Zion Gelis Street,</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Sgoola Industrial Zone,</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Petach-Tikva 4927920, Israel</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">+972-3-9395025</div>
    <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>
    <div style="text-align: center; line-height: 1.25;">_____________</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Eltek USA Inc.</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">250 Commercial Street, Suite 3010</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Manchester, New Hampshire, 03101</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">603-965-4321</div>
    <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>
    <div style="text-align: center; line-height: 1.25;">_____________</div>
    <div style="text-align: center; line-height: 1.25; font-style: italic; font-weight: bold;">Copies to:</div>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Steven J. Glusband, Esq.</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Guy Ben-Ami, Esq.</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Carter Ledyard &amp; Milburn LLP</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">2 Wall Street</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">New York, NY 10005</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Tel: 212-238-8605</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Fax: 212-732-3232</div>
            <div style="text-align: center; line-height: 1.25;"><font style="line-height: 1.25;">&#160;</font></div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Ron Freund , CFO</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Eli Yaffe, CEO</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">20 Ben Zion Gelis Street,</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Sgoola Industrial Zone,</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Petach Tikva 4927920, Israel</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Tel: +972-3-9395025</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Fax: +972-3- 9342584</div>
            <div style="line-height: 1.25;"><font style="line-height: 1.25;">&#160;</font></div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Ian Rostowsky, Adv.</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Yoav Etzyon, Adv.</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Amit, Pollak, Matalon &amp; Co.</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">APM House,</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">18 Raoul Wallenberg St.</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Tel Aviv 6971915, Israel<br>
              Tel: +972-3-5689000</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Fax: +972-73-3800655</div>
          </td>
        </tr>

    </table>
    <div style="text-align: center; line-height: 1.25;">
      <hr align="center" style="height: 1px; width: 15%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
    <div style="text-align: center; line-height: 1.25;"><br>
    </div>
    <div style="text-indent: 36pt; 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 the effective date of this Registration Statement.</div>
    <div style="text-align: center; line-height: 1.25;"><br>
    </div>
    <div style="text-align: center; line-height: 1.25;">
      <hr align="center" style="height: 1px; width: 15%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
    <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"> <br>
      </font></div>
    <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box.</font>&#160; &#9744;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule&#160;415 under the Securities Act of 1933, other
        than securities offered only in connection with dividend or interest reinvestment plans, check the following box.</font>&#160; &#8999;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">If this Form is filed to register additional securities for an offering pursuant to Rule&#160;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.</font>&#160; &#9744;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">If this Form is a post-effective amendment filed pursuant to Rule&#160;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.</font>&#160; &#9744;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">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&#160;462(e) under the Securities Act, check the following box.</font>&#160; &#9744;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.D. filed to register additional securities or additional
        classes of securities pursuant to Rule&#160;413(b) under the Securities Act, check the following box.</font>&#160; &#9744;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933</font>.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Emerging growth company &#9744;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">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. </font>&#9744;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25; font-weight: bold;">&#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>
    <div style="text-indent: 36pt; line-height: 1.25; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; line-height: 1.25;">
      <hr align="center" style="height: 1px; width: 15%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
    <div style="line-height: 1.25;">
      <div style="text-indent: 36pt; line-height: 1.25; font-weight: bold;"> <br>
      </div>
      <div style="text-indent: 36pt; line-height: 1.25; font-weight: bold;">The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment
        which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the Commission,
        acting pursuant to said Section 8(a), may determine.</div>
    </div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="line-height: 1.25; font-weight: bold;"><br>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(255, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">The information contained in
        this preliminary prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these
        securities and it is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: normal; background-color: rgb(255, 255, 255); color: rgb(255, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">Subject
        to Completion, Dated July 27, 2022</div>
    </div>
    <div style="line-height: 1.25; font-weight: bold;"><u> <br>
      </u></div>
    <div style="line-height: 1.25; font-weight: bold;"><u>P R O S P E C T U S</u></div>
    <div style="line-height: 1.25; font-weight: bold;"><u> <br>
      </u></div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z819a1d9482ba4a378b999e20fb737589">

        <tr>
          <td style="width: 16%; vertical-align: bottom;">&#160;</td>
          <td style="width: 68%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">ELTEK LTD.</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">$20,000,000</div>
            <div style="text-align: center; line-height: 1.25; font-weight: bold;"><font style="font-size: 12pt; font-family: 'Times New Roman',Times,serif; background-color: rgb(255, 255, 255); font-weight: bold; color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">Ordinary Shares</font></div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">Warrants</div>
            <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">Units</div>
          </td>
          <td style="width: 16%; vertical-align: bottom;">&#160;</td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">Our ordinary shares currently trade on the Nasdaq Capital Market under the symbol &#8220;ELTK&#8221;.&#160; On July 26, 2022, the last reported sale price of our ordinary shares on the Nasdaq
      Capital Market was $4.11&#160;per share. We have not yet determined whether any of the other securities that may be offered by this prospectus will be listed on any exchange, inter-dealer quotation system or over-the-counter market. If we decide to seek
      listing of any such securities, a prospectus supplement relating to those securities will disclose the exchange, quotation system or market on which the securities will be listed and the date when we expect trading to begin.</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">This prospectus provides a general description of the securities we may offer. Each time we sell securities, we will provide specific terms of the securities offered in a
      supplement to this prospectus. The prospectus supplement may also add, update, or change information contained in this prospectus. This prospectus may not be used to consummate a sale of securities unless accompanied by the applicable prospectus
      supplement. You should read both this prospectus and any prospectus supplement together with additional information described under the heading &#8220;<font style="font-style: italic;">Where You Can Find More Information</font>&#8221; and the documents
      incorporated or deemed to be incorporated by reference carefully before you make your investment decision.</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">We will sell these securities directly to our shareholders or to purchasers or through agents on our behalf or through underwriters or dealers as designated from time to time. If
      any agents or underwriters are involved in the sale of any of these securities, the applicable prospectus supplement will provide the names of the agents or underwriters and any applicable fees, commissions, or discounts. The prospectus supplement
      for each offering of securities will describe in detail the plan of distribution for that offering. For general information about the distribution of securities offered, please see &#8220;<font style="font-style: italic;">Plan of Distribution</font>&#8221; in
      this prospectus on page 7.</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">The aggregate market value of our outstanding Ordinary Shares held by non-affiliates on July 26, 2022, as calculated in accordance with General Instruction I.B.5. of Form F-3, was
      approximately $7.3 million. Pursuant to General Instruction I.B.5 of Form F-3, in no event will we sell securities pursuant to this prospectus with a value of more than one-third of the aggregate market value of our Ordinary Shares held by
      non-affiliates in any 12-month period, so long as the aggregate market value of our Ordinary Shares held by non-affiliates is less than $75,000,000.</div>
    <div style="line-height: 1.25;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25; font-weight: bold;">INVESTING IN OUR SECURITIES INVOLVES A HIGH DEGREE OF RISK. SEE &#8220;RISK FACTORS&#8221; BEGINNING ON PAGE 5 AND UNDER SIMILAR HEADINGS IN THE OTHER DOCUMENTS THAT ARE
      INCORPORATED BY REFERENCE INTO THIS PROSPECTUS FOR A DISCUSSION OF CERTAIN FACTORS THAT SHOULD BE CONSIDERED BY PROSPECTIVE PURCHASERS OF THE SECURITIES OFFERED HEREBY.</div>
    <div style="line-height: 1.25;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25; font-weight: bold;">NONE OF THE U.S. SECURITIES AND EXCHANGE COMMISSION, THE ISRAELI SECURITIES AUTHORITY OR ANY STATE SECURITIES COMMISSION HAVE APPROVED OR DISAPPROVED OF THESE
      SECURITIES OR PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.</div>
    <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>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25;">The date of this prospectus is&#160;&#160; , 2022.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after: always;">
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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">TABLE OF CONTENTS</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="2" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z6d4fefb15f8b400fbd13db7f91c6c98b">

        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 6.2%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div style="line-height: 1.25;">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Page</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#FORWARDLOOKINGSTATEMENTS">FORWARD&#8209;LOOKING STATEMENTS</a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom; text-align: center;">2</td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#SUMMARY">SUMMARY<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom; text-align: center;">4</td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#RISKFACTORS">RISK FACTORS</a><br>
            </div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom; text-align: center;">5</td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#USEOFPROCEEDS">USE OF PROCEEDS<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25;">5</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#ORDINARYSHARES">DESCRIPTION OF ORDINARY SHARES<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25;">5</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#WARRANTS">DESCRIPTION OF WARRANTS<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25;">5</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#UNITS">DESCRIPTION OF UNITS<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom; text-align: center;">6</td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#PLANOFDISTRIBUTION">PLAN OF DISTRIBUTION<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom; text-align: center;">7</td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#FOREIGNEXCHANGECONTROLSAN">FOREIGN EXCHANGE CONTROLS AND OTHER LIMITATIONS<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom; text-align: center;">9</td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#AUTHORIZEDREPRESENTATIVE">AUTHORIZED REPRESENTATIVE<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom; text-align: center;">10</td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#OFFERINGEXPENSES">OFFERING EXPENSES<br>
              </a></div>
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          <td style="width: 6.2%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25;">10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#LEGALMATTERS">LEGAL MATTERS<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25;">10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#EXPERTS">EXPERTS <br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25;">10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: bottom;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#WHEREYOUCANFINDMOREINFORM">WHERE YOU CAN FIND MORE INFORMATION<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25;">11</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: top;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#INCORPORATIONOFCERTAINDOC">INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25;">11</div>
          </td>
        </tr>
        <tr>
          <td style="width: 93.8%; vertical-align: top;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;"><a href="#ENFORCEABILITYOFCIVILLIAB">ENFORCEABILITY OF CIVIL LIABILITIES<br>
              </a></div>
          </td>
          <td style="width: 6.2%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.25;">12</div>
          </td>
        </tr>

    </table>
    <div style="text-align: center; line-height: 1.25;"><br>
    </div>
    <div style="line-height: 1.25;">
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    <div style="text-indent: 36pt; line-height: 1.25; font-weight: bold;"> <br>
    </div>
    <div style="text-indent: 36pt; line-height: 1.25; font-weight: bold;">You should rely only on the information contained or incorporated by reference in this prospectus. We have not authorized any other person to provide you with different information.
      If anyone provides you with different or inconsistent information, you should not rely on it.&#160; We are not making an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You should assume that the information
      appearing in this prospectus is accurate only as of the date on the front cover of this prospectus. Our business, financial condition, results of operation and prospects may have changed since that date.</div>
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    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">In this prospectus, &#8220;we&#8221;, &#8220;us&#8221;, &#8220;our&#8221;, the &#8220;Company&#8221; and &#8220;Eltek&#8221; refer to Eltek Ltd. and its subsidiaries.</div>
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    <div style="text-indent: 36pt; line-height: 1.25;">All references to &#8220;dollars&#8221; or &#8220;$&#8221; in this prospectus are to U.S. dollars, and all references to &#8220;shekels&#8221; or &#8220;NIS&#8221; are to New Israeli Shekels.</div>
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    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="FORWARDLOOKINGSTATEMENTS"><!--Anchor--></a>FORWARD&#8209;LOOKING STATEMENTS</div>
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    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">Some of the statements contained in this prospectus and the documents incorporated by reference are forward-looking statements. Forward-looking statements involve risks and
      uncertainties, such as statements about our plans, objectives, expectations, assumptions or future events. In some cases, you can identify forward-looking statements by terminology such as &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8220;plan,&#8221; &#8220;project,&#8221; &#8220;continuing,&#8221;
      &#8220;ongoing,&#8221; &#8220;expect,&#8221; &#8220;we believe,&#8221; &#8220;we intend,&#8221; &#8220;may,&#8221; &#8220;should,&#8221; &#8220;will,&#8221; &#8220;could&#8221; and similar expressions denoting uncertainty or an action that may, will or is expected to occur in the future. These statements involve estimates, assumptions, known
      and unknown risks, uncertainties and other factors that could cause actual results to differ materially from any future results, performances or achievements expressed or implied by the forward-looking statements. Examples of forward-looking
      statements include, but are not limited to, statements about:</div>
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            <div>statements of expected future economic performance;</div>
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            <div>the future impact of the Coronavirus on the economy and our operations;</div>
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            <div>product and technology development and rapid technological change;</div>
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              <div style="text-align: justify; line-height: 1.25;"><font style="font-family: 'Times New Roman',Times,serif;">the potential attributes and benefit of our products and their competitive position;</font></div>
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            <div>our estimates regarding expenses, future revenues, capital requirements and our need for additional financing;</div>
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            <div>statements of our plans and objectives;</div>
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            <div>statements regarding the capabilities of our business operations;</div>
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            <div>statements regarding competition in our market; and</div>
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            <div>assumptions underlying statements regarding us or our business.</div>
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    <div style="line-height: 1.25;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions
      regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent
      uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements.
      Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among
      others, the following:</div>
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            <div>We have a history of operating losses and may not be able to achieve and sustain long term profitable operations.&#160; We may not have sufficient resources to fund our operations in the future.</div>
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            <div>We may require additional capital in the future, which may not be available to us.</div>
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            <div>The spread of novel strain of coronavirus, COVID-19, may adversely affect our business operations and financial condition.</div>
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            <div>We are dependent on one-of-a-kind machinery that may malfunction and may not be easily replaced.</div>
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    <div style="line-height: 1.25">&#160;</div>
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            <div>Because competition in the PCB market is intense, our business, operating results and financial condition may be adversely affected<font style="font-weight: bold; font-style: italic;">.</font></div>
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    <div> <br>
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            <div>Rapid changes in the Israeli and international electronics industries and recessionary pressures may adversely affect our business.</div>
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            <div>Our products and product components need to meet certain industry standards.</div>
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            <div>Key customers account for a significant portion of our revenues. The loss of a key customer would have an adverse impact on our business results.</div>
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        </tr>

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          <td style="width: 36pt;"><br>
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            <div>We are dependent upon a select number of suppliers for timely delivery of key raw materials and the loss of one or more of these suppliers or delays in supply of these raw materials would adversely affect our manufacturing ability.&#160; If
              these suppliers delay or discontinue the manufacture or supply of these raw materials, we may experience delays in production and shipments, increased costs and cancellation of orders for our products.</div>
          </td>
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    <div style="line-height: 1.25">&#160;</div>
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          <td style="width: 36pt;"><br>
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            <div>Our results of operations may be adversely affected by currency fluctuations.</div>
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            <div>We may fail to maintain effective internal control over financial reporting in accordance with Section 404 of the Sarbanes-Oxley Act of 2002, which could have a material adverse effect on our operating results, investor confidence in our
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            <div>We are required to comply with &#8220;conflict minerals&#8221; rules which impose costs on us, may make our supply chain more complex, and could adversely impact our business.</div>
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            <div>Increased regulation associated with climate change and greenhouse gas emissions could impose significant additional costs on operations.</div>
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            <div>Obstacles in our transition to a new enterprise resource planning system may adversely affect our business and results of operations and the effectiveness of our internal control over financial reporting.</div>
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            <div>Breaches of network or information technology security, natural disasters or terrorist attacks could have an adverse effect on our business.</div>
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            <div>Technological change may adversely affect the market acceptance of our products.</div>
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            <div>The measures we take in order to protect our intellectual property may not be effective or sufficient.</div>
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            <div>Claims that our products infringe upon the intellectual property of third parties may require us to incur significant costs.</div>
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            <div>If our workforce will be represented by a labor union we could incur additional costs or experience work stoppages as a result of the renegotiation of our labor contracts.</div>
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            <div>From&#160;time to time, we may be named as a defendant in actions involving&#160;the alleged&#160;violation&#160;of&#160;labor&#160;laws related to employment practices, wages and benefits.</div>
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            <div>Under current Israeli law, we may not be able to enforce covenants not to compete and therefore may be unable to prevent our competitors from benefiting from the expertise of some of our former employees.</div>
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            <div>We depend on key personnel for the success of our business.</div>
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            <div>Our ability to have access to insurance programs for <font style="font-style: italic;">directors</font> and officers may be curtailed, which may adversely affect our ability to retain and attract directors and officers.</div>
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            <div>Our share price has been volatile in the past and may continue to be susceptible to significant market price and volume fluctuations in the future.</div>
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            <div>The voting interest of Mr. Nissan, individually and through Nistec Golan, our controlling shareholder, may conflict with the interests of other shareholders.</div>
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            <div>We may in the future be classified as a passive foreign investment company, or PFIC, which would subject our U.S. investors to adverse tax rules.</div>
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            <div>We do not expect to distribute dividends in the foreseeable future.</div>
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            <div>Political, economic and military instability in Israel may disrupt our operations and negatively affect our business condition, harm our results of operations and adversely affect our share price.</div>
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            <div>Our results of operations may be negatively affected by the obligation of our personnel to perform military reserve service.</div>
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            <div> Service and enforcement of legal process on us and our directors and officers may be difficult to obtain.</div>
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            <div> Provisions of Israeli law may delay, prevent or make difficult an acquisition of us, which could prevent a change of control and therefore impact the price of our shares.</div>
          </td>
        </tr>

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    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>The rights and responsibilities of our shareholders are governed by Israeli law and differ in some respects from the rights and responsibilities of shareholders under U.S. law.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>The termination or reduction of tax and other incentives that the Israeli government provides to domestic companies may increase the costs involved in operating a company in Israel.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">The ultimate correctness of these forward-looking statements depends upon a number of known and unknown risks and events. We discuss our known material risks in the section
      entitled &#8220;Risk Factors&#8221; on page 5&#160; of this prospectus and on page 1 in our annual report on Form 20-F for the year ended December 31, 2021 incorporated by reference herein. Many factors could cause our actual results to differ materially from the
      forward-looking statements. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any
      forward-looking statements.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">The forward-looking statements speak only as of the date on which they are made, and, except as required by law, we undertake no obligation to update any forward-looking statement
      to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.</div>
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    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="SUMMARY"><!--Anchor--></a>SUMMARY</div>
    <div style="line-height: 1.25">&#160; <br>
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">This prospectus is part of a registration statement on Form F-3 that we filed with the Securities and Exchange Commission, or SEC, using a &#8220;shelf&#8221; registration process. Under this process, we may sell
      from time to time any combination of the securities described in this prospectus in one or more offerings up to a total dollar amount of $20,000,000 (or the equivalent denominated in foreign currencies or foreign currency units), from time to time,
      sell in one or more offerings.&#160; This prospectus and any accompanying prospectus supplement or other offering materials do not contain all of the information included in the registration statement.&#160; For a more complete understanding of the offering of
      the securities, you should refer to the registration statement, including its exhibits.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">This prospectus provides you with a general description of the securities we may offer. Each time we sell securities, we will provide a prospectus supplement that will contain specific information
      about the terms of that offering. The prospectus supplement may also add, update or change information contained in this prospectus, and may also contain information about any material federal income tax considerations relating to the securities
      covered by the prospectus supplement. You should read both this prospectus and any prospectus supplement together with additional information under the headings &#8220;<font style="font-style: italic;">Where You Can Find More Information</font>&#8221; and &#8220;<font style="font-style: italic;">Incorporation of Certain Documents by Reference</font>.&#8221;</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">This summary may not contain all the information that may be important to you. You should read this entire prospectus, including the financial data and related notes incorporated by reference in this
      prospectus, before making an investment decision. This summary contains forward&#8209;looking statements that involve risks and uncertainties. Our actual results may differ significantly from the results discussed in the forward&#8209;looking statements. Factors
      that might cause or contribute to such differences include those discussed in &#8220;<font style="font-style: italic;">Risk Factors</font>&#8221; and &#8220;<font style="font-style: italic;">Forward&#8209;Looking Statements</font>.&#8221;</div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">4</font></div>
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    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Eltek Ltd.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">We are a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs) and is a leading company is the Israeli industry. PCBs are the core
      circuitry of most electronic devices. Eltek specializes in the manufacture and supply of complex and high-quality PCBs, HDI, multilayered and flex-rigid boards for the high-end market. Eltek is ITAR compliant and has AS-9100 and NADCAP Electronics
      certifications. Its customers include leading companies in the defense, aerospace and medical industries in Israel, the United States, Europe and Asia.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">We were founded in 1970 and are incorporated under the laws of the State of Israel. Our headquarters, R&amp;D, production and marketing center are located in Israel. We also operate through a marketing
      subsidiary in North America and by agents and distributors in Europe, India and South Africa. Our principal executive offices are located at 20 Ben Zion Gelis Street, Sgoola Industrial Zone, Petach -Tikva 4927920, Israel, and our telephone number is
      +972-3-9395025. Our agent for service of process in the United States is Eltek USA, Inc., located at 250 Commercial Street, Suite 3010, Manchester, NH 03101, and its telephone number is (603) 965-4321. Our website address is <u>http://www.nisteceltek.com</u>.
      Information contained on, or that can be accessed through, our website does not constitute a part of this prospectus and is not incorporated by reference herein. We have included our website address in this prospectus solely for informational
      purposes.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="RISKFACTORS"><!--Anchor--></a>RISK FACTORS</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">
      <div style="text-indent: 36pt; line-height: 1.25;">An investment in our securities involves a high degree of risk. Our business, financial condition or results of operations could be adversely affected by any of these risks. If any of these risks
        occur, the value of our ordinary shares and our other securities may decline. You should carefully consider the risk factors discussed under the caption &#8220;<font style="font-style: italic;">Risk Factors</font>&#8221; in our annual report on Form 20-F for
        the year ended December 31, 2021.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
    </div>
    <div style="line-height: 1.25; font-style: italic; font-weight: bold;">Recent Events</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">
      <div style="text-indent: 36pt; line-height: 1.25;">On June 14, 2022, a&#160;fire broke out in one of the production rooms in our plant in Petach-Tikva. The fire, which damaged part of the production line located in that room, was extinguished without any
        casualties. We are utilizing an alternative production line to complete our production process while continuing our efforts to complete the repair of the damaged production line. We are in communication with our customers in order to prioritize
        deliveries and avoid critical delays. While we are attempting to minimize delays of our product deliveries, not being able to do so for a significant period of time, may have a material adverse effect on our business, financial condition and
        results of operations.</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="USEOFPROCEEDS"><!--Anchor--></a>USE OF PROCEEDS</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Except as otherwise provided in the applicable prospectus supplement, we intend to use the net proceeds from the sale of the securities covered by this prospectus for general corporate purposes, which
      may include working capital expenditures, capital expenditures, repayment of debt, acquisitions and investments.&#160;&#160;Additional information on the use of net proceeds from the sale of securities covered by this prospectus may be set forth in the
      prospectus supplement relating to the specific offering.&#160;&#160;</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">DESCRIPTION OF <a name="ORDINARYSHARES"><!--Anchor--></a>ORDINARY SHARES</div>
    <div style="text-indent: 36pt; line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">Our authorized share capital consists of 10,000,000 ordinary shares, nominal value of NIS 3.00 per share. All outstanding ordinary shares are validly issued and fully paid.&#160;&#160;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">For a description of our ordinary shares, please refer to Exhibit 2.2 to our Annual Report on Form 20-F for the year ended December 31, 2021, which is incorporated by reference herein.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">DESCRIPTION OF <a name="WARRANTS"><!--Anchor--></a>WARRANTS</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">We may issue warrants to purchase ordinary shares in one or more series together with other securities or separately, as described in the applicable prospectus supplement.&#160; Below is a description of
      certain general terms and provisions of the warrants that we may offer.&#160; Particular terms of the warrants will be described in the warrant agreements and the prospectus supplement for the warrants.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">5</font></div>
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    <div style="text-indent: 36pt; line-height: 1.25;">The applicable prospectus supplement will contain, where applicable, the following terms of and other information relating to the warrants:</div>
    <div style="line-height: 1.25">&#160;</div>
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          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the specific designation and aggregate number of, and the price at which we will issue, the warrants;</div>
          </td>
        </tr>

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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
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          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
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            <div>the currency or currency units in which the offering price, if any, and the exercise price are payable;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
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          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
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            <div>the designation, amount, and terms of the securities purchasable upon exercise of the warrants;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
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          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>if applicable, the exercise price for ordinary shares and the number of ordinary shares to be received upon exercise of the warrants;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the date on which the right to exercise the warrants will begin and the date on which that right will expire or, if you may not continuously exercise the warrants throughout that period, the specific date or dates on which you may exercise
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        </tr>

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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
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            <div>whether the warrants will be issued in fully registered form or bearer form, in definitive or global form, or in any combination of these forms, although, in any case, the form of a warrant included in a unit will correspond to the form of
              the unit and of any security included in that unit;</div>
          </td>
        </tr>

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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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            <div>any applicable material U.S. federal income tax consequences;</div>
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        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
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          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
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            <div>the identity of the warrant agent for the warrants and of any other depositaries, execution or paying agents, transfer agents, registrars, or other agents, if any;</div>
          </td>
        </tr>

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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
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            <div>the proposed listing, if any, of the warrants or any securities purchasable upon exercise of the warrants on any securities exchange;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
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            <div>if applicable, the date from and after which the warrants and the ordinary shares will be separately transferable;</div>
          </td>
        </tr>

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          <td style="width: 36pt;"><br>
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            <div>if applicable, the minimum or maximum amount of the warrants that may be exercised at any other time;</div>
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        </tr>

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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
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          <td style="width: 36pt;"><br>
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            <div>information with respect to book-entry procedures, if any;</div>
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        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
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          <td style="width: 36pt;"><br>
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          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the anti-dilution provisions of the warrants, if any;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
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            <div>any redemption or call provisions;</div>
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        </tr>

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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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          <td style="width: 36pt;"><br>
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            <div>whether the warrants are to be sold separately or with other securities as parts of units; and</div>
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        </tr>

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    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
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        <tr>
          <td style="width: 36pt;"><br>
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          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
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            <div>any additional terms of the warrants, including terms, procedures, and limitations relating to the exchange and exercise of the warrants.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; text-indent: -35.3pt; margin-left: 35.3pt; line-height: 1.25; font-weight: bold;">DESCRIPTION OF <a name="UNITS"><!--Anchor--></a>UNITS</div>
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    <div style="line-height: 1.25;">
      <div style="text-indent: 36pt; line-height: 1.25;">We may, from time to time, issue units comprised of one or more of the other securities that may be offered under this prospectus, in any combination.</div>
      <div style="text-indent: 36pt; line-height: 1.25;">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;">Each unit will be issued so that the holder of the unit is also the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each
        included security. The unit agreement under which a unit is issued may provide that the securities included in the unit may not be held or transferred separately at any time, or at any time before a specified date.</div>
      <div style="text-indent: 36pt; line-height: 1.25;">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;">Any applicable prospectus supplement will describe:</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
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          <td style="width: 36pt;"><br>
          </td>
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          <td style="width: auto; vertical-align: top;">
            <div>the material terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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        <tr>
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            <div>any material provisions relating to the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; and</div>
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        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
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        <tr>
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          </td>
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            <div>any material provisions of the governing unit agreement that differ from those described above.</div>
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        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">
      <div style="text-indent: 36pt; line-height: 1.25;">The description in the applicable prospectus supplement of any units we offer will not necessarily be complete and will be qualified in its entirety by reference to the applicable unit agreement,
        which will be filed with the SEC if we offer units. For more information on how you can obtain copies of the applicable unit agreement if we offer warrants, see the sections entitled &#8220;<font style="font-style: italic;">Where You Can Find More
          Information</font>&#8221; and &#8220;<font style="font-style: italic;">Incorporation of Certain Documents by Reference</font>&#8221;. We urge you to read the applicable unit agreement and any applicable prospectus supplement in their entirety.</div>
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    <div style="text-align: center; line-height: 1.25;"><br style="line-height: 1.25;">
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    <div style="text-align: center; text-indent: -18pt; margin-left: 18pt; line-height: 1.25; font-weight: bold;"><a name="PLANOFDISTRIBUTION"><!--Anchor--></a>PLAN OF DISTRIBUTION</div>
    <div style="text-align: center; text-indent: -18pt; margin-left: 18pt; line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">We may sell the securities included in this prospectus from time to time in one or more transactions, including without limitation:</div>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
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            <div>through agents;</div>
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        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
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            <div>to or through one or more underwriters on a firm commitment or agency basis;</div>
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        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
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            <div>through put or call option transactions relating to the securities;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
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            <div>through broker-dealers (acting as agent or principal);</div>
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        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>directly to purchasers, through a specific bidding or auction process, on a negotiated basis or otherwise;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z674636f198fa4ef9a4ea6bf75efeac3a">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>through any other method permitted pursuant to applicable law; or</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z0ee9160adcb84e76aab0f7be63f1da63">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>through a combination of any such methods of sale.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">At any time a particular offer of the securities covered by this prospectus is made, a revised prospectus or&#160;&#160;prospectus supplement, if required, will be distributed which will set forth the aggregate
      amount of securities covered by this prospectus being offered and the terms of the offering, including the name or names of any underwriters, dealers, brokers or agents, any discounts, commissions, concessions and other items constituting
      compensation from us and any discounts, commissions or concessions allowed or re-allowed or paid to dealers. Such prospectus supplement, and, if necessary, a post-effective amendment to the registration statement of which this prospectus is a part,
      will be filed with the SEC to reflect the disclosure of additional information with respect to the distribution of the securities covered by this prospectus. In order to comply with the securities laws of certain jurisdictions, if applicable, the
      securities sold under this prospectus may only be sold through registered or licensed brokers or dealers. In addition, in some states the securities may not be sold unless they have been registered or qualified for sale in the applicable state or an
      exemption from registration or qualification requirements is available and is complied with.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Any public offering price and any discounts or concessions allowed or re-allowed or paid to dealers may be changed from time to time.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">The distribution of securities may be effected from time to time in one or more transactions, including block transactions and transactions on NASDAQ or any other organized market where the securities
      may be traded. The securities may be sold at a fixed price or prices, which may be changed, or at market prices prevailing at the time of sale, at prices relating to the prevailing market prices or at negotiated prices. The consideration may be cash
      or another form negotiated by the parties. Agents, underwriters or broker-dealers may be paid compensation for offering and selling the securities. That compensation may be in the form of discounts, concessions or commissions to be received from us
      or from the purchasers of the securities. Any dealers and agents participating in the distribution of the securities may be deemed to be underwriters, and compensation received by them on resale of the securities may be deemed to be underwriting
      discounts. If any such dealers or agents were deemed to be underwriters, they may be subject to statutory liabilities under the Securities Act.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">7</font></div>
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    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">Agents may from time to time solicit offers to purchase the securities. If required, we will name in the applicable prospectus supplement any agent involved in the offer or sale of the securities and
      set forth any compensation payable to the agent. Unless otherwise indicated in the prospectus supplement, any agent will be acting on a best efforts basis for the period of its appointment. Any agent selling the securities covered by this prospectus
      may be deemed to be an underwriter, as that term is defined in the Securities Act, of the securities.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">&#160;If underwriters are used in a sale, securities will be acquired by the underwriters for their own account and may be resold from time to time in one or more transactions, including negotiated
      transactions, at a fixed public offering price or at varying prices determined at the time of sale, or under delayed delivery contracts or other contractual commitments. Securities may be offered to the public either through underwriting syndicates
      represented by one or more managing underwriters or directly by one or more firms acting as underwriters. If an underwriter or underwriters are used in the sale of securities, an underwriting agreement will be executed with the underwriter or
      underwriters, as well as any other underwriter or underwriters, with respect to a particular underwritten offering of securities, and will set forth the terms of the transactions, including compensation of the underwriters and dealers and the public
      offering price, if applicable. The prospectus and prospectus supplement will be used by the underwriters to resell the securities.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">If a dealer is used in the sale of the securities, we and the underwriter will sell the securities to the dealer, as principal. The dealer may then resell the securities to the public at varying prices
      to be determined by the dealer at the time of resale. To the extent required, we will set forth in the prospectus supplement the name of the dealer and the terms of the transactions.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">We may directly solicit offers to purchase the securities and may make sales of securities directly to institutional investors or others. These persons may be deemed to be underwriters within the
      meaning of the Securities Act with respect to any resale of the securities. To the extent required, the prospectus supplement will describe the terms of any such sales, including the terms of any bidding or auction process, if used.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Agents, underwriters and dealers may be entitled under agreements which may be entered into with us to indemnification by us against specified liabilities, including liabilities incurred under the
      Securities Act, or to contribution by us or the selling shareholders to payments they may be required to make in respect of such liabilities. If required, the prospectus supplement will describe the terms and conditions of the indemnification or
      contribution. Some of the agents, underwriters or dealers, or their affiliates may be customers of, engage in transactions with or perform services for us or our subsidiaries.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Any person participating in the distribution of securities registered under the registration statement that includes this prospectus will be subject to applicable provisions of the Exchange Act, and
      the applicable SEC rules and regulations, including, among others, Regulation M, which may limit the timing of purchases and sales of any of our securities by that person. Furthermore, Regulation M may restrict the ability of any person engaged in
      the distribution of our securities to engage in market-making activities with respect to our securities. These restrictions may affect the marketability of our securities and the ability of any person or entity to engage in market-making activities
      with respect to our securities.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Certain persons participating in an offering may engage in over-allotment, stabilizing transactions, short-covering transactions and penalty bids that stabilize, maintain or otherwise affect the price
      of the offered securities. These activities may maintain the price of the offered securities at levels above those that might otherwise prevail in the open market, including by entering stabilizing bids, effecting syndicate covering transactions or
      imposing penalty bids, each of which is described below.</div>
    <div style="line-height: 1.25">&#160;</div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>A stabilizing bid means the placing of any bid, or the effecting of any purchase, for the purpose of pegging, fixing or maintaining the price of a security.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="ze14b6026cfcd46f8be77919358f01a83">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>A syndicate covering transaction means the placing of any bid on behalf of the underwriting syndicate or the effecting of any purchase to reduce a short position created in connection with the offering.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z95797b3897fd4635a3c07fb990d5960f">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>A penalty bid means an arrangement that permits the managing underwriter to reclaim a selling concession from a syndicate member in connection with the offering when offered securities originally sold by the syndicate member are purchased
              in syndicate covering transactions.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">These transactions may be effected on an exchange, if the securities are listed on that exchange, or in the over-the-counter market or otherwise.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">8</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">If so indicated in the applicable prospectus supplement, we will authorize agents, underwriters or dealers to solicit offers from certain types of institutions to purchase offered securities from us at
      the public offering price set forth in such prospectus supplement pursuant to delayed delivery contracts providing for payment and delivery on a specified date in the future. Such contracts will be subject only to those conditions set forth in the
      prospectus supplement and the prospectus supplement will set forth the commission payable for solicitation of such contracts.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Any underwriters to whom offered securities are sold for public offering and sale may make a market in such offered securities, but such underwriters will not be obligated to do so and may discontinue
      any market making at any time without notice. The offered securities may or may not be listed on a national securities exchange. No assurance can be given that there will be a market for the offered securities.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">To the extent that we make sales to or through one or more underwriters or agents in at-the-market offerings, we will do so pursuant to the terms of a distribution agreement between us and the
      underwriters or agents.&#160; If we engage in at-the-market sales pursuant to a distribution agreement, we will sell our ordinary shares to or through one or more underwriters or agents, which may act on an agency basis or on a principal basis. During the
      term of any such agreement, we may sell ordinary shares on a daily basis in exchange transactions or otherwise as we agree with the underwriters or agents. The distribution agreement will provide that any ordinary shares sold will be sold at prices
      related to the then prevailing market prices for our ordinary shares. Therefore, exact figures regarding proceeds that will be raised or commissions to be paid cannot be determined at this time and will be described in a prospectus supplement.
      Pursuant to the terms of the distribution agreement, we may agree to sell, and the relevant underwriters or agents may agree to solicit offers to purchase, blocks of our ordinary shares or warrants. The terms of each such distribution agreement will
      be set forth in more detail in a prospectus supplement to this prospectus.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Offers to purchase the securities offered by this prospectus may be solicited, and sales of the securities may be made, by us directly to institutional investors or others, who may be deemed to be
      underwriters within the meaning of the Securities Act with respect to any re-sales of the securities. The terms of any offer made in this manner will be included in the prospectus supplement relating to the offer.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">In connection with offerings made through underwriters or agents, we may enter into agreements with such underwriters or agents pursuant to which we receive our outstanding securities in consideration
      for the securities being offered to the public for cash. In connection with these arrangements, the underwriters or agents may also sell securities covered by this prospectus to hedge their positions in these outstanding securities, including in
      short sale transactions. If so, the underwriters or agents may use the securities received from us under these arrangements to close out any related open borrowings of securities.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">We may enter into derivative transactions with third parties or sell securities not covered by this prospectus to third parties in privately negotiated transactions. If the applicable prospectus
      supplement indicates, in connection with those derivatives, such third parties (or affiliates of such third parties) may sell securities covered by this prospectus and the applicable prospectus supplement, including in short sale transactions. If so,
      such third parties (or affiliates of such third parties) may use securities pledged by us or borrowed from us, or others to settle those sales or to close out any related open borrowings of shares, and may use securities received from us in
      settlement of those derivatives to close out any related open borrowings of shares. The third parties (or affiliates of such third parties) in such sale transactions will be underwriters and, if not identified in this prospectus, will be identified
      in the applicable prospectus supplement (or a post-effective amendment).</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">We may loan or pledge securities to a financial institution or other third party that in turn may sell the securities using this prospectus. Such financial institution or third party may transfer its
      short position to investors in our securities or in connection with a simultaneous offering of other securities offered by this prospectus or in connection with a simultaneous offering of other securities offered by this prospectus.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="FOREIGNEXCHANGECONTROLSAN"><!--Anchor--></a>FOREIGN EXCHANGE CONTROLS AND OTHER LIMITATIONS</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Non-residents of Israel who purchase our ordinary shares may freely convert all amounts received in Israeli currency in respect of such ordinary shares, whether as a dividend, liquidation distribution
      or as proceeds from the sale of the ordinary shares, into freely-repatriable non-Israeli currencies at the rate of exchange prevailing at the time of conversion (provided in each case that the applicable Israeli income tax, if any, is paid or
      withheld with respect to such amounts or an exemption has been obtained).</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">&#160;Israeli law and regulations do not impose any material foreign exchange restrictions on non&#8209;Israeli holders; however, reporting requirements regarding certain foreign currency transactions remain in
      effect, and currency controls can be imposed by administrative action at any time under existing law.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">9</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">The State of Israel does not restrict in any way the ownership or voting of our ordinary shares by non-residents of Israel, except with respect to subjects of countries that are in a state of war with
      Israel.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="AUTHORIZEDREPRESENTATIVE"><!--Anchor--></a>AUTHORIZED REPRESENTATIVE</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Our authorized representative in the United States for this offering as required pursuant to Section&#160;6(a) of the Securities Act of 1933, is Eltek USA Inc., 250 Commercial<font style="font-weight: bold;">&#160;</font>Street,<font style="font-weight: bold;">&#160;</font>Suite 3010 Manchester, New Hampshire,<font style="font-weight: bold;">&#160;</font>03101.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="OFFERINGEXPENSES"><!--Anchor--></a>OFFERING EXPENSES</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">The following is a statement of expenses in connection with the distribution of the securities registered. All amounts shown are estimates except the SEC registration fee. The estimates do not include
      expenses related to offerings of particular securities. Each prospectus supplement describing an offering of securities will reflect the estimated expenses related to the offering of securities under that prospectus supplement.</div>
    <div style="line-height: 1.25">&#160;</div>
    <table cellspacing="0" cellpadding="0" border="0" align="center" class="cfttable" id="z68bf235ba273417bb0d7bd09c6614d12" style="width: 80%; color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left;">

        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 88%; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;">SEC registration fee&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">&#160;</td>
          <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">
            <div style="line-height: 1.25;">$</div>
          </td>
          <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);">
            <div style="line-height: 1.25;">642</div>
          </td>
          <td nowrap="nowrap" valign="bottom" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 88%;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;">FINRA filing fee&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
            <div style="line-height: 1.25;">*</div>
          </td>
          <td nowrap="nowrap" valign="bottom" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 88%; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;">Legal fees and expenses&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">&#160;</td>
          <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">
            <div style="line-height: 1.25;">$</div>
          </td>
          <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);">
            <div style="line-height: 1.25;">35,000</div>
          </td>
          <td nowrap="nowrap" valign="bottom" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 88%;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;">Accountants&#8217; fees and expenses&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">
            <div style="line-height: 1.25;">$</div>
          </td>
          <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
            <div style="line-height: 1.25;">55,000</div>
          </td>
          <td nowrap="nowrap" valign="bottom" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 88%; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;">Printing fees&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">&#160;</td>
          <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">
            <div style="line-height: 1.25;">$</div>
          </td>
          <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);">
            <div style="line-height: 1.25;">9,000</div>
          </td>
          <td nowrap="nowrap" valign="bottom" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 88%; padding-bottom: 2px;">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;">Miscellaneous&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
          <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="line-height: 1.25;">
              <div style="line-height: 1.25;">$</div>
            </div>
          </td>
          <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="line-height: 1.25;">
              <div style="line-height: 1.25;">5,000</div>
            </div>
          </td>
          <td nowrap="nowrap" valign="bottom" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
        </tr>
        <tr>
          <td valign="bottom" style="vertical-align: bottom; width: 88%; padding-bottom: 4px; background-color: rgb(204, 238, 255);">
            <div style="text-indent: -7.2pt; margin-left: 7.2pt; line-height: 1.25;">Total&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255);">&#160;</td>
          <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
            <div style="line-height: 1.25;">
              <div style="line-height: 1.25;">$</div>
            </div>
          </td>
          <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
            <div style="line-height: 1.25;">
              <div style="line-height: 1.25;">104,642</div>
            </div>
          </td>
          <td nowrap="nowrap" valign="bottom" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255);">&#160;</td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">
      <hr align="left" style="height: 1px; width: 15%; color: #000000; background-color: #000000; margin-left: 0px; margin-right: auto; border: none;"></div>
    <div style="text-align: justify; text-indent: -28.35pt; margin-left: 28.35pt; line-height: 1.25;">*&#160; These fees are calculated based on the securities offered and the number of issuances and accordingly cannot be defined at this time.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="LEGALMATTERS"><!--Anchor--></a>LEGAL MATTERS</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Amit, Pollak, Matalon &amp; Co., Tel-Aviv, Israel will pass upon the validity of our ordinary shares and other matters of Israeli law for us with respect to securities offered by this prospectus and
      any accompanying prospectus supplement. Carter Ledyard&#160;&amp; Milburn LLP, New York, New York, will be passing upon matters of United States law for us with respect to securities offered by this prospectus and any accompanying prospectus supplement.&#160;
      Additional legal matters may be passed upon for us, any underwriters, dealers or agents by counsel that we will name in the applicable prospectus supplement.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="EXPERTS"><!--Anchor--></a>EXPERTS</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">The consolidated financial statements appearing in our Annual Report on Form 20-F as of&#160; December 31, 2021 and 2020 and the two years then ended, incorporated by reference in this prospectus, have been
      audited by Brightman Almagor Zohar &amp; Co., an independent registered public accounting firm, a member of Deloitte Global Network, as stated in their report.&#160; Such consolidated financial statements are incorporated by reference in reliance upon the
      report of such firm given their authority as experts in accounting and auditing.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">The consolidated financial statements appearing in our Annual Report on Form 20-F for the year ended December 31, 2019 have been audited by Kost, Forer, Gabbay &amp; Kasierer, an independent registered
      public accounting firm and a member of Ernst &amp; Young Global, as set forth in its reports thereon, included therein, and incorporated herein by reference.&#160; Such consolidated financial statements are incorporated herein in reliance upon such
      reports given on the authority of such firm as experts in accounting and auditing.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">10</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="WHEREYOUCANFINDMOREINFORM"><!--Anchor--></a>WHERE YOU CAN FIND MORE INFORMATION</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">We have filed with the SEC a registration statement on Form F-3 under the Securities Act, with respect to the securities offered by this prospectus. This prospectus and any accompanying prospectus
      supplement do not contain all the information contained in the registration statement, including its exhibits and schedules. You should refer to the registration statement, including its exhibits and schedules, for further information about us and
      the securities we may offer. Statements we make in this prospectus and any accompanying prospectus supplement about certain contracts or other documents are not necessarily complete. When we make such statements, we refer you to the copies of the
      contracts or documents that are filed as exhibits to the registration statement, because those statements are qualified in all respects by reference to those exhibits. The registration statement, including exhibits and schedules, is on file at the
      office of the SEC and may be inspected without charge.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">We are subject to the information reporting requirements of the Exchange Act. Under the Exchange Act, we are required to file annual and special reports and other information with the SEC. As a foreign
      private issuer, we are exempt from the rules under the Exchange Act prescribing the furnishing and content of proxy statements and our officers, directors and principal shareholders are exempt from the reporting and short-swing profit recovery
      provisions contained in Section 16 of the Exchange Act. In addition, we are not required under the Exchange Act to file annual, quarterly and current reports and financial statements as frequently or as promptly as U.S. companies whose securities are
      registered under the Exchange Act. However, we file with the SEC, within 120 days after the end of each fiscal year, or such applicable time as required by the SEC, an annual report on Form 20-F containing financial statements audited by an
      independent registered public accounting firm, and we submit to the SEC, on Form 6-K, unaudited quarterly financial information. Our SEC filings are available to the public over the Internet at the SEC&#8217;s website at www.sec.gov.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">We maintain a corporate website at&#160;www.eltek.com.&#160;Information contained on, or that can be accessed through, our website does not constitute a part of this prospectus.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; text-indent: 36pt; line-height: 1.25; font-weight: bold;"><a name="INCORPORATIONOFCERTAINDOC"><!--Anchor--></a>INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">
      <div style="text-indent: 39.6pt; line-height: 1.25;">We file annual and special reports and other information with the Commission (File Number 000-28884).&#160;&#160;These filings contain important information which does not appear in this prospectus. The
        Commission allows us to &#8220;incorporate by reference&#8221; information into this prospectus, which means that we can disclose important information to you by referring you to other documents which we have filed or will file with the Commission.&#160;&#160;We are
        incorporating by reference in this prospectus the documents listed below and all amendments or supplements we may file to such documents, as well as any future filings we may make with the Commission on Form 20-F under the Exchange Act before the
        time that all of the securities offered by this prospectus have been sold or de-registered.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
    </div>
    <div style="line-height: 1.25;">
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zae2c00d40ebb45938da2799ce62fb4ad">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
            <td style="width: auto; vertical-align: top;">
              <div>our annual report on <a href="https://www.sec.gov/Archives/edgar/data/1024672/000117891322001230/0001178913-22-001230-index.htm">Form 20-F</a>&#160;for the fiscal year ended December 31, 2021, filed with the SEC on March 23,&#160;2022;&#160;</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
    </div>
    <div style="line-height: 1.25;">
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z7159be6d01e848ebad6c89306f58be93">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
            <td style="width: auto; vertical-align: top;">
              <div>our report on Form 6-K furnished to the SEC on <a href="https://www.sec.gov/Archives/edgar/data/1024672/000117891322002062/0001178913-22-002062-index.htm">May 18, 2022</a> and <a href="https://www.sec.gov/Archives/edgar/data/1024672/000117891322002378/0001178913-22-002378-index.htm">June 15, 2022</a>; and</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z8d7abea572274f49b3d79a75f464f791">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
            <td style="width: auto; vertical-align: top;">
              <div>the description of our ordinary shares contained in our Annual Report on <a href="https://www.sec.gov/Archives/edgar/data/1024672/000117891322001230/0001178913-22-001230-index.htm">Form 20-F</a> for the year ended December 31, 2021.</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
    </div>
    <div style="line-height: 1.25;">
      <div style="text-indent: 36pt; line-height: 1.25;">In addition, we may incorporate by reference into this prospectus our reports on Form 6-K filed after the date of this prospectus (and before the time that all of the securities offered by this
        prospectus have been sold or de-registered) if we identify in the report that it is being incorporated by reference in this prospectus.</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="text-align: justify; line-height: 1.25;">&#160;</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="text-indent: 36pt; line-height: 1.25;">Certain statements in and portions of this prospectus update and replace information in the above listed documents incorporated by reference.&#160;&#160;Likewise, statements in or portions of a future document
        incorporated by reference in this prospectus may update and replace statements in and portions of this prospectus or the above listed documents.</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="text-align: justify; line-height: 1.25;">&#160;</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="text-indent: 36pt; line-height: 1.25;">We will provide you without charge, upon your written or oral request, a copy of any of the documents incorporated by reference in this prospectus, other than exhibits to such documents which are not
        specifically incorporated by reference into such documents. Please direct your written or telephone requests Eltek Ltd., at 20 Ben Zion Gelis Street, Sgoola Industrial Zone, Petach-Tikva 4927920, Israel Attn: Ron Freund, Chief Financial Officer,
        telephone number +972-3-939-5023. You may also obtain information about us by visiting our website at www.nisteceltek.com. Information contained in our website is not part of this prospectus.</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="text-align: justify; line-height: 1.25;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">11</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
    </div>
    <div style="line-height: 1.25;">
      <div style="text-indent: 36pt; line-height: 1.25;">We are an Israeli company and are a &#8220;foreign private issuer&#8221; as defined in Rule 3b-4 under the Securities Exchange Act of 1934, or Exchange Act.&#160;&#160;As a result, (i) our proxy solicitations are not
        subject to the disclosure and procedural requirements of Regulation 14A under the Exchange Act, (ii) transactions in our equity securities by our officers, directors and principal shareholders are exempt from Section 16 of the Exchange Act; and
        (iii) we are not required under the Exchange Act to file periodic reports and financial statements as frequently or as promptly as U.S. companies whose securities are registered under the Exchange Act.</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="text-align: justify; line-height: 1.25;">&#160;</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="text-indent: 36pt; line-height: 1.25;">We make available to our shareholders an annual report containing financial statements that have been examined and reported on, with an opinion expressed by, an independent registered public
        accounting firm.&#160;&#160;Since November 4, 2002, we have been making all required filings with the Commission electronically, and these filings are available via the Internet at the Commission&#8217;s website at <u>http://www.sec.gov</u>.</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="ENFORCEABILITYOFCIVILLIAB"><!--Anchor--></a>ENFORCEABILITY OF CIVIL LIABILITIES</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">Service of process upon us and upon our directors and officers and the Israeli experts named in this prospectus, most of whom reside outside the United States, may be difficult to obtain within the
      United States.&#160; Furthermore, because substantially all of our assets and substantially all of our directors and officers are located outside the United States, any judgment obtained in the United States against us or any of our directors and officers
      may not be collectible within the United States.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">We have been informed by our legal counsel in Israel, Amit, Pollak, Matalon &amp; Co., Advocates, our legal counsel in Israel that it may be difficult to initiate an action with
      respect to U.S. securities laws claims in original actions instituted in Israel. Israeli courts may refuse to hear a claim based on an alleged violation of U.S. securities laws because Israel is not the most appropriate forum in which to bring such a
      claim. In addition, even if an Israeli court agrees to hear a claim, it may determine that Israeli law and not U.S. law is applicable to the claim. There is little binding case law in Israel addressing these matters. If U.S. law is found to be
      applicable, the content of applicable U.S. law must be proven as a fact by expert witnesses, which can be a time-consuming and costly process. Matters of procedure may also be governed by Israeli law.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">We have irrevocably appointed Eltek USA Inc., as our agent to receive service of process in any action against us in any U.S. federal or state court arising out of this offering or any purchase or sale
      of securities in connection with this offering. Subject to specified time limitations and legal procedures, Israeli courts may enforce a U.S. judgment in a civil matter which is non-appealable, including a judgment based upon the civil liability
      provisions of the Securities Act or the Exchange Act and including a monetary or compensatory judgment in a non-civil matter, provided that, among other things:</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z04bd28dd3ab241758c485964c09c2c5b">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the judgment was rendered by a court of competent jurisdiction, according to the laws of the state in which the judgment is given;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zc0680cfe63294b48acc590b802920799">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the judgment may no longer be appealed;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zf2057b8dd2a24b409f7728ceb93c8430">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the judgment is enforceable according to the laws of Israel and according to the law of the foreign state in which the relief was granted and the judgment is not contrary to public policy of Israel; and</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zc8b5a53636d646eaa223003b6fbe2e2a">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the judgment is executory in the state in which it was given.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">Even if such conditions are met, an Israeli court may not declare a foreign civil judgment enforceable if:</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zfd02fe35c8aa460789aa6832ed661f2a">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the prevailing law of the foreign state in which the judgment is rendered does not allow for the enforcement of judgments of Israeli courts (subject to exceptional cases);</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z76d6fe9e0a0c438491b652ac1f2260f1">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the defendant did not have a reasonable opportunity to be heard and to present his or her evidence, in the opinion of the Israeli court;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z3310828653bd4f9fa5f3be5bdf006984">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the enforcement of the civil liabilities set forth in the judgment is likely to impair the security or sovereignty of Israel;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z845876e4c6ab4c35bc9a131363b5243a">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the judgment was obtained by fraud;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z8ca7ab860ac447d8bb881c98dd2636bb">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the judgment was rendered by a court not competent to render it according to the rules of private international law prevailing in Israel;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z3c355d637a2247429cee0ef24fe6dcf8">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>the judgment conflicts with any other valid judgment in the same matter between the same parties; or</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zf7266ab32a69486b8709005bacee05c2">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>an action between the same parties in the same matter was pending in any Israeli court or tribunal at the time at which the lawsuit was instituted in the foreign court.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">If a foreign judgment is enforced by an Israeli court, it generally will be payable in Israeli currency, which can then be converted into non-Israeli currency and transferred out of Israel. The usual
      practice in an action before an Israeli court to recover an amount in a non-Israeli currency is for the Israeli court to issue a judgment for the equivalent amount in Israeli currency at the rate of exchange in force on the date of the judgment, but
      the judgment debtor may make payment in foreign currency. Pending collection, the amount of the judgment of an Israeli court stated in Israeli currency ordinarily will be linked to the Israeli consumer price index plus interest at the annual
      statutory rate set by Israeli regulations prevailing at the time. Judgment creditors must bear the risk of unfavorable exchange rates.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-weight: normal; font-style: normal;">12</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><font style="font-size: 12pt; font-family: 'Times New Roman',Times,serif; background-color: rgb(255, 255, 255); font-weight: bold; color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">ELTEK LTD.</font></div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><br>
      <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: 12pt; font-style: normal; font-variant: normal; text-transform: none;">$20,000,000</font></div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">Ordinary Shares</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">Warrants</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">Units</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">____________________________<br>
      <br>
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">PROSPECTUS</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><br>
      ____________________________</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25"> <br>
    </div>
    <div style="text-align: justify; margin-right: 49.5pt; margin-left: 54pt; line-height: 1.25;">You should rely only on the information incorporated by reference or provided in this prospectus and in any accompanying prospectus supplement.&#160; We have not
      authorized anyone to provide you with different information.&#160; We are not making any offer to sell or buy any of the securities in any state where the offer is not permitted.&#160; You should not assume that the information in this prospectus is accurate
      as of any date other than the date that appears below.</div>
    <div style="line-height: 1.25">&#160; <br>
    </div>
    <div style="text-align: center; margin-right: 49.5pt; margin-left: 54pt; line-height: 1.25;">&#160;, 2022</div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <!--PROfilePageNumberReset%Num%1%II - %%-->
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">PART II</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">INFORMATION NOT REQUIRED IN PROSPECTUS</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25; font-weight: bold;">Item 8. Indemnification of Directors and Officers.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25; font-style: italic;">Exculpation of Office Holders</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">The Israeli Companies Law provides that an Israeli company cannot exculpate an office holder from liability with respect to a breach of his or her duty of loyalty.&#160; If permitted by its articles of association, a company
      may exculpate in advance an office holder from his or her liability to the company, in whole or in part, with respect to a breach of his or her duty of care.&#160; However, a company may not exculpate in advance a director from his or her liability to the
      company with respect to a breach of his duty of care with respect to distributions.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">Our articles of association allow us to exculpate any office holder from his or her liability to us for breach of duty of care, to the maximum extent permitted by law, before or after the occurrence giving rise to such
      liability. We provided an exemption letter to each of our directors and officers and agreed to provide the same to our future office holders.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25; font-style: italic;">Insurance of Office Holders</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">The Israeli Companies Law provides that a company may, if permitted by its articles of association, enter into a contract to insure office holders in respect of liabilities incurred by the office holder with respect to
      an act or omission performed in his or her capacity as an office holder, as a result of: (i) a breach of the office holder&#8217;s duty of care to the company or to another person; (ii) a breach of the office holder&#8217;s duty of loyalty to the company,
      provided that the office holder acted in good faith and had reasonable grounds to assume that his or her act would not prejudice the company&#8217;s interests; and (iii) a monetary liability imposed upon the office holder in favor of another person.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">Our articles of association provide that, subject to any restrictions imposed by applicable law, we may procure, and/or undertake to procure, insurance covering any past or present or future office holder against any
      liability which he or she may incur in such capacity, including insurance covering us for indemnifying such office holder, to the maximum extent permitted by law.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">Without derogating from the above, we may enter into a contract to insure the liability of an office holder for an obligation imposed on such office holder in consequence of an act or omission done in such office
      holder&#8217;s capacity as an office holder, in the following case: (i) expenses, including reasonable litigation expenses and legal fees, incurred by the office holder as a result of a proceeding instituted against such office holder in relation to (A)
      infringements that may result in imposition of financial sanction pursuant to the provisions of Chapter H'3 under the Israeli Securities Law, 5728-1968 (as amended), or the &#8220;Israeli Securities Law&#8221;, or (B) administrative infringements pursuant to the
      provisions of Chapter H'4 under the Israeli Securities Law or (C) infringements pursuant to the provisions of Chapter I'1 under the Israeli Securities Law; and (ii) payments made to the injured parties of such infringement under Section 52ND(a)(1)(a)
      of the Israeli Securities Law.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25; font-style: italic;">Indemnification of Office Holders</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">The Israeli Companies Law provides that a company may, if permitted by its articles of association, indemnify an office holder for liabilities or expenses imposed on him or her, or incurred by him or her concerning acts
      or omissions performed by the office holder in such capacity for: (i) a monetary liability imposed on the office holder in favor of another person by any judgment, including a settlement or an arbitrator&#8217;s award approved by a court; (ii) reasonable
      litigation expenses, including attorney&#8217;s fees, incurred by the office holder as a result of an investigation or proceeding instituted against him or her by a competent authority, provided that such investigation or proceeding concluded without the
      filing of an indictment against the office holder or the imposition of any monetary liability in lieu of criminal proceedings, or concluded without an indictment against the office holder but with the imposition of a monetary liability on the office
      holder in lieu of criminal proceedings with respect to a criminal offense that does not require proof of criminal intent; and (iii) reasonable litigation expenses, including attorneys&#8217; fees, incurred by the office holder or which were imposed on him
      or her by a court, in an action instituted by the company or on the company&#8217;s behalf, or by another person, against the office holder, or in a criminal charge from which the office holder was acquitted, or in a criminal proceeding in which the office
      holder was convicted of a criminal offense which does not require proof of criminal intent.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;">II - 1</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">The Israeli Companies Law provides that a company&#8217;s articles of association may permit the company to indemnify an office holder following a determination to this effect made by the company after the occurrence of the
      event in respect of which the office holder will be indemnified.&#160; It also provides that a company&#8217;s articles of association may permit the company to undertake in advance to indemnify an office holder, except that with respect to a monetary liability
      imposed on the office holder by any judgment, settlement or court-approved arbitration award, the undertaking must be limited to types of events which the company&#8217;s board of directors deems foreseeable considering the company&#8217;s actual operations at
      the time of the undertaking, and to an amount or standard that the board of directors has determined as reasonable under the circumstances.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">Our articles of association provide that we may indemnify an office holder retroactively for certain obligations or expenses imposed on such office holder in consequence of an act or omission done in such office holder&#8217;s
      capacity as an officer in our company.&#160; These obligations and expenses include:</div>
    <div style="line-height: 1.25">&#160;</div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zbad7603275654dc5b76d31d2acd8e9b4">

        <tr>
          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>a monetary obligation imposed on the office holder in favor of another person pursuant to a judgment, including a judgment given in settlement or an arbitrator's award that has been approved by a court;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z3e7cb492bc514336813f2551addd5518">

        <tr>
          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>reasonable litigation expenses, including advocates&#8217; professional fees, incurred by the office holder pursuant to an investigation or a proceeding commenced against the office holder by a competent authority and that was terminated without
              an indictment and without having a monetary charge imposed on the office holder in exchange for a criminal procedure (as such terms are defined in the Israeli Companies Law), or that was terminated without an indictment but with a monetary
              charge imposed on the office holder in exchange for a criminal procedure in a crime that does not require proof of criminal intent or in connection with a financial sanction;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z89fc3e0f8b6c46a7b8447122bdcb550a">

        <tr>
          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>reasonable litigation expenses, including advocates&#8217; professional fees, incurred by the office holder or which the office holder is ordered to pay by a court, in proceedings filed against the office holder by the company or on its behalf
              or by another person, or in a criminal indictment in which the office holder is acquitted, or in a criminal indictment in which the office holder is convicted of an offence that does not require proof of criminal intent;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zf8e42030587e48f2ab0aceae8fe7f5d9">

        <tr>
          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>expenses, including reasonable litigation expenses and legal fees, incurred by an office holder as a result of a proceeding instituted against such office holder in relation to (A) infringements that may result in imposition of financial
              sanction pursuant to the provisions of Chapter H'3 under the Israeli Securities Law or (B) administrative infringements pursuant to the provisions of Chapter H'4 under the Israeli Securities Law or (C) infringements pursuant to the provisions
              of Chapter I'1 under the Israeli Securities Law; and</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z0f77b2f92b2e455283d756247efbd63b">

        <tr>
          <td style="width: 18pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>payments to an injured party of infringement under Section 52ND(a)(1)(a) of the Israeli Securities Law.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">Our articles of association also provide that we may undertake to indemnify in advance an office holder, in accordance with the conditions set under applicable law, in respect of the obligations or expenses specified in
      (i)-(v) above, provided that such undertaking is limited to types of events which in the board of directors&#8217; opinion may be anticipated, in light of our company&#8217;s activities, at the time of granting the indemnity undertaking, and to an amount or
      criteria which the board of directors determines is reasonable in the circumstances of the case, both of which are to be specified in the indemnification undertaking.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">According to our compensation policy, the total amount of indemnification that our company undertakes towards all persons whom it has resolved to indemnify, jointly and in the aggregate, shall not exceed an amount equal
      25% of the net equity of our company.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">On October 17, 2017, our shareholders approved an updated indemnification agreement to be entered into with our directors and officers.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;">II - 2</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; line-height: 1.25; font-style: italic;">Limitations on Exculpation, Insurance and Indemnification</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">The Israeli Companies Law provides that neither a provision of the articles of association permitting the company to enter into a contract to insure the liability of an office holder, nor a provision in the articles of
      association or a resolution of the board of directors permitting the indemnification of an office holder, nor a provision in the articles of association exempting an office holder from duty to the company shall be valid, where such insurance,
      indemnification or exemption relates to any of the following: (i) a breach by the office holder of his duty of loyalty, except with respect to insurance coverage or indemnification if the office holder acted in good faith and had reasonable grounds
      to assume that the act would not prejudice the company; (ii) a breach by the office holder of his duty of care if such breach was committed intentionally or recklessly, unless the breach was committed only negligently; (iii) any act or omission
      committed with intent to derive an unlawful personal gain; and (iv) any fine or forfeiture imposed on the office holder.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">Under the Israeli Companies Law, exculpation of, procurement of insurance coverage for, and an undertaking to indemnify or indemnification of, an office holder (other than the chief executive officer) must be approved by
      the company&#8217;s compensation committee and board of directors and, if such office holder is a director, also by the company&#8217;s shareholders.&#160; Exculpation of, procurement of insurance coverage for, and an undertaking to indemnify or indemnification of,
      the chief executive officer must be approved by the company&#8217;s compensation committee, board of directors and by a special majority of the shareholders.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">We have agreed to indemnify our office holders for certain liabilities and expenses that may be imposed on them due to acts performed, or failures to act, in their capacity as office holders, including financial
      liabilities imposed by judgments or settlements in favor of third parties, and reasonable litigation expenses imposed by a court in relation to criminal charges from which the indemnitee was acquitted or criminal proceedings in which the indemnitee
      was convicted of an offense that does not require proof of criminal intent, all subject to Israeli law and certain limitations in the agreements.&#160; The aggregate amount we may pay our office holders pursuant to our indemnification undertaking may not
      exceed, jointly and in the aggregate, $2 million but in any event not more than 25% of our company&#8217;s net equity.&#160; We currently maintain directors&#8217; and officers&#8217; liability insurance with a per claim and aggregate coverage limit of $10 million.&#160; Under
      our current directors and officers liability insurance policy, losses will be paid in accordance with the following order of priority: first, on behalf of officers and directors, for all loss that they will be obligated to pay as a result of a claim
      made against them; thereafter, on our behalf, for all loss that an officer or director will be obligated to pay as a result of a claim made against them, to the extent that we are required or permitted by law to indemnify our officers and directors;
      and thereafter, on our behalf, for all loss that we will be obligated to pay as a result of a securities claim made against us.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25; font-weight: bold;">Item 9.&#160; Exhibits.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">The index to exhibits appears below on the page immediately following the signature pages of this Registration Statement.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25; font-weight: bold;">Item 10.&#160; Undertakings.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="line-height: 1.25;">(1)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The undersigned registrant hereby undertakes:</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z9e5f202e58164d4f9f3c2e266ca79604">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(a)</td>
          <td style="width: auto; vertical-align: top;">
            <div>to file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z439006aaa772431282aaf4bf1ba530fd">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(i)</td>
          <td style="width: auto; vertical-align: top;">
            <div>to include any prospectus required by Section&#160;10(a)(3) of the Securities Act of 1933 (the &#8220;Securities Act&#8221;);</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zf54e1d5a97514057962f1eeadfd11aa1">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(ii)</td>
          <td style="width: auto; vertical-align: top;">
            <div>to reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change
              in the information set forth in this Registration Statement.&#160; Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered)
              and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Securities and Exchange Commission pursuant to Rule 424(b) if, in the aggregate, the changes in
              volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the &#8216;&#8216;Calculation of Registration Fee&#8217;&#8217; table in the effective registration statement; and</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;">II - 3</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="za3df7a52a5ac4598903ed64145e188f5">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(iii)</td>
          <td style="width: auto; vertical-align: top;">
            <div>to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in this Registration Statement;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;"><font style="font-style: italic;">provided, however,</font> that paragraphs (i),&#160;(ii) and (iii)&#160;above do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained
      in periodic reports filed with or furnished to the Commission by the registrant pursuant to Section&#160;13 or Section&#160;15(d) of the Securities Exchange Act of 1934 (the &#8220;Exchange Act&#8221;) that are incorporated by reference in this Registration Statement or
      is contained in a form of prospectus filed pursuant to Rule 424(b) that is part of the Registration Statement.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zc64c512d5f334d52a3d0ef17dc7fd9a6">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(b)</td>
          <td style="width: auto; vertical-align: top;">
            <div>that, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such
              securities at that time shall be deemed to be the initial bona fide offering thereof.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zcab84b9c139044079252bcb21dfcff1d">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(c)</td>
          <td style="width: auto; vertical-align: top;">
            <div>to remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z206226d71371499296b316223187306d">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(d)</td>
          <td style="width: auto; vertical-align: top;">
            <div>that, for the purpose of determining any liability under the Securities Act to any purchaser:</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z5a9ec9cb93f846819285a9ee417a5f24">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(i)</td>
          <td style="width: auto; vertical-align: top;">
            <div>each prospectus filed by the registrant pursuant to Rule&#160;424(b)(3) shall be deemed to be a part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z827414e03c934baf94fe65c28063bb70">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(ii)</td>
          <td style="width: auto; vertical-align: top;">
            <div>each prospectus required to be filed pursuant to Rule&#160;424(b)(2), (b)(5) or (b)(7) as part of a registration statement in reliance on Rule&#160;430B relating to an offering made pursuant to Rule&#160;415(a)(1)(i), (vii)&#160;or (x)&#160;for the purpose of
              providing the information required by Section&#160;10(a) of the Securities Act shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the
              date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule&#160;430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a
              new effective date of the registration statement relating to the securities in the registration statement to which the prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering
              thereof; <font style="font-style: italic;">provided, however, </font>that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by
              reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the
              registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z0ee45ce3dee04d0791ffeba3fd7b2b84">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(e)</td>
          <td style="width: auto; vertical-align: top;">
            <div>that, for the purpose of determining liability of a registrant under the Securities Act to any purchaser in the initial distribution of the securities, the undersigned registrant undertakes that in a primary offering of securities of the
              undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following
              communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z4ca28fc4141149f68eef72c6267d89ef">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(i)</td>
          <td style="width: auto; vertical-align: top;">
            <div>any preliminary prospectus or prospectus of the undersigned registrant to the offering required to be filed pursuant to Rule&#160;424;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;">II - 4</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z367454102f074434813cb046d6e6b51d">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(ii)</td>
          <td style="width: auto; vertical-align: top;">
            <div>any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by an undersigned registrant;</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z1570407a345d4ef79649895aa8c5c876">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(iii)</td>
          <td style="width: auto; vertical-align: top;">
            <div>the portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or its securities provided by or on behalf of the undersigned registrant; and</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="ze2d343fb1d964bfdbd036ec416fddcc1">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right;">(iv)</td>
          <td style="width: auto; vertical-align: top;">
            <div>any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">(2)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the registrant&#8217;s annual report pursuant to Section&#160;13(a) or Section&#160;15(d)
      of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#8217;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new
      registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">(3)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the registrant pursuant to the provisions referred to in Item
      15, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a
      claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is
      asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of
      appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">(4)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, the information omitted from the form of prospectus filed as part of this Registration
      Statement in reliance upon Rule&#160;430A and contained in a form of prospectus filed by the registrant pursuant to Rule&#160;424(b)(1) or (4)&#160;or 497(h) under the Securities Act shall be deemed to be part of this Registration Statement as of the time it was
      declared effective.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">(5)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The undersigned registrant hereby undertakes that, for the purpose of determining any liability under the Securities Act, each post-effective amendment that contains a form of prospectus shall be deemed to
      be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">(6)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The undersigned registrant hereby undertakes to file an application for the purpose of determining the eligibility of the trustee to act under subsection (a) of section 310 of the Trust Indenture Act (&#8220;Act&#8221;)
      in accordance with the rules and regulations prescribed by the Commission under section 305(b)2 of the Act.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">(7)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The undersigned registrant hereby undertakes to file a post-effective amendment to the registration statement to include any financial statements required by Item 8.A of Form 20-F at the start of any delayed
      offering or throughout a continuous offering.&#160; Financial statements and information otherwise required by Section 10(a)(3) of the Securities Act need not be furnished, provided that the Registrant includes in the prospectus, by means of a
      post-effective amendment, financial statements required pursuant to this paragraph and other information necessary to ensure that all other information in the prospectus is at least as current as the date of those financial statements.&#160;
      Notwithstanding the foregoing, with respect to registration statements on Form F-3, a post-effective amendment need not be filed to include financial statements and information required by Section 10(a)(3) of the Act or Rule 3-19 of Regulation S-K if
      such financial statements and information are contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the
      Form F-3.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;">II - 5</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">SIGNATURES</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it complies with 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 Petah Tikva, Israel, on July 27, 2022.</div>
    <div style="text-indent: 36pt; line-height: 1.25;"> <br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zdc275714bf8b4de48b74334bcba3baf4">

        <tr>
          <td colspan="1" style="width: 50%; vertical-align: bottom;">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;">
            <div style="line-height: 1.25; font-weight: bold;">ELTEK LTD.</div>
          </td>
          <td colspan="1" style="vertical-align: bottom; width: 20%;">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="width: 50%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 27%; vertical-align: bottom;">&#160;</td>
          <td colspan="1" style="width: 20%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="width: 50%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">
            <div style="line-height: 1.25;">By:</div>
          </td>
          <td style="width: 27%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="line-height: 1.25;">/s/ Eli Yaffe</div>
          </td>
          <td colspan="1" style="width: 20%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="width: 50%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 27%; vertical-align: bottom;">
            <div style="line-height: 1.25;">Name:&#160; Eli Yaffe</div>
          </td>
          <td colspan="1" style="width: 20%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="width: 50%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: bottom;">&#160;</td>
          <td style="width: 27%; vertical-align: top;">
            <div style="line-height: 1.25;">Title:&#160; &#160; Chief Executive Officer</div>
          </td>
          <td colspan="1" style="width: 20%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;"><a name="POWEROFATTORNEY"><!--Anchor--></a>POWER OF ATTORNEY</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-indent: 36pt; line-height: 1.25;">KNOW ALL PERSONS BY THESE PRESENTS that each person whose signature appears below hereby constitutes and appoints Eli Yaffe and Ron Freund, and each of them, his or her true and lawful
      attorneys-in-fact and agents, with full power to act separately and full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including
      post-effective amendments) to this registration statement and all additional registration statements pursuant to Rule 462(b) of the Securities Act of 1933, as amended, and to file the same, with all exhibits thereto, and all other documents in
      connection therewith, with the Securities and Exchange Commission, granting unto each said attorney-in-fact and agent full power and authority to do and perform each and every act in person, hereby ratifying and confirming all that said
      attorneys-in-fact and agents or either of them or his or her or their substitute or substitutes may lawfully do or cause to be done by virtue hereof.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;">II - 6</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-indent: 36pt; line-height: 1.25;">Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons on July 27, 2022 in the capacities indicated:</div>
    <div style="line-height: 1.25">&#160;</div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z4915e34a8e074bc8bf879815be504675">

        <tr>
          <td style="width: 40%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Signatures</div>
          </td>
          <td colspan="1" style="width: 10%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; line-height: 1.25; font-weight: bold;">Title</div>
          </td>
        </tr>
        <tr>
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          <td style="width: 40%; vertical-align: top;">&#160;</td>
          <td colspan="1" style="width: 10%; vertical-align: top;">&#160;</td>
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            <div style="line-height: 1.25;">/s/ Mordechai Marmorstein</div>
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          <td colspan="1" rowspan="2" style="width: 10%; vertical-align: middle;">&#160;</td>
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          <td colspan="1" rowspan="2" style="width: 10%; vertical-align: middle;">&#160;</td>
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          <td style="width: 40%; vertical-align: top;">&#160;</td>
          <td colspan="1" style="width: 10%; vertical-align: top;">&#160;</td>
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          <td colspan="1" rowspan="2" style="width: 10%; vertical-align: middle;">&#160;</td>
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            <div style="line-height: 1.25;">/s/ Gad Dovev</div>
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          <td colspan="1" rowspan="2" style="width: 10%; vertical-align: middle;">&#160;</td>
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          <td colspan="1" rowspan="2" style="width: 10%; vertical-align: middle;">&#160;</td>
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            <div style="line-height: 1.25;">/s/&#160; Oriel Sallary</div>
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          <td colspan="1" style="width: 10%; vertical-align: top;">&#160;</td>
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      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;">II - 7</font></div>
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      <div style="text-align: center; text-indent: -36pt; margin-left: 36pt; line-height: 1.25; font-weight: bold;">EXHIBIT INDEX</div>
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            <div style="line-height: 1.25; font-weight: bold;">Exhibit No.</div>
          </td>
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            <div style="line-height: 1.25;">1.1</div>
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            <div style="line-height: 1.25;">Form of Underwriting Agreement or Agency Agreement (1)</div>
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        </tr>
        <tr>
          <td style="width: 10%; vertical-align: top;">
            <div style="line-height: 1.25;"><a href="https://www.sec.gov/Archives/edgar/data/1024672/000117891319000640/exhibit_2-1.htm">4.1</a></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: top;"><a href="https://www.sec.gov/Archives/edgar/data/1024672/000117891319000640/exhibit_2-1.htm"><br>
            </a></td>
          <td style="width: 88%; vertical-align: top;">
            <div style="line-height: 1.25;"><a href="https://www.sec.gov/Archives/edgar/data/1024672/000117891319000640/exhibit_2-1.htm">Specimen of Ordinary Share Certificate (2)</a></div>
          </td>
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            <div style="line-height: 1.25;">4.2</div>
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          <td colspan="1" style="width: 2%; vertical-align: top;"><br>
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            <div style="line-height: 1.25;">Form of Warrant and/or Warrant Agreement (1)</div>
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            <div style="line-height: 1.25;">4.3</div>
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            <div style="line-height: 1.25;">Form of Unit Agreement (including form of Unit Certificate) (1)</div>
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            <div style="line-height: 1.25;"><a href="exhibit_5-1.htm">5.1</a></div>
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          <td colspan="1" style="width: 2%; vertical-align: top;"><a href="exhibit_5-1.htm"><br>
            </a></td>
          <td style="width: 88%; vertical-align: top;">
            <div style="line-height: 1.25;"><a href="exhibit_5-1.htm">Opinion of Amit, Pollak, Matalon &amp; Co., Advocates</a></div>
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            <div style="line-height: 1.25;"><a href="exhibit_5-2.htm">5.2</a></div>
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          <td colspan="1" style="width: 2%; vertical-align: top;"><a href="exhibit_5-2.htm"><br>
            </a></td>
          <td style="width: 88%; vertical-align: top;">
            <div style="line-height: 1.25;"><a href="exhibit_5-2.htm">Opinion of Carter Ledyard &amp; Milburn LLP</a></div>
          </td>
        </tr>
        <tr>
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            <div style="line-height: 1.25;"><a href="exhibit_23-1.htm">23.1</a></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: top;"><a href="exhibit_23-1.htm"><br>
            </a></td>
          <td style="width: 88%; vertical-align: top;">
            <div style="line-height: 1.25;"><a href="exhibit_23-1.htm">Consent of Brightman Almagor Zohar &amp; Co., an independent registered public accounting firm and a member
                of Deloitte Global Network</a></div>
          </td>
        </tr>
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            <div style="line-height: 1.25;"><a href="exhibit_23-2.htm">23.2</a></div>
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          <td colspan="1" style="width: 2%; vertical-align: top;"><a href="exhibit_23-2.htm"><br>
            </a></td>
          <td style="width: 88%; vertical-align: top;">
            <div style="line-height: 1.25;"><a href="exhibit_23-2.htm">Consent of Kost, Forer, Gabbay &amp; Kasierer, an independent registered public accounting firm and a member
                of Ernst &amp; Young Global</a></div>
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            <div style="line-height: 1.25;"><a href="exhibit_5-1.htm">23.3</a></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: top;"><a href="exhibit_5-1.htm"><br>
            </a></td>
          <td style="width: 88%; vertical-align: top;">
            <div style="line-height: 1.25;"><a href="exhibit_5-1.htm">Consent of Amit, Pollak, Matalon &amp; Co., Advocates (contained in Exhibit 5.1)</a></div>
          </td>
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            <div style="line-height: 1.25;"><a href="exhibit_5-2.htm">23.4</a></div>
          </td>
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            </a></td>
          <td style="width: 88%; vertical-align: top;">
            <div style="line-height: 1.25;"><a href="exhibit_5-2.htm">Consent of Carter Ledyard &amp; Milburn LLP (contained in Exhibit 5.2)</a></div>
          </td>
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            <div style="line-height: 1.25;"><a href="#POWEROFATTORNEY">24.1</a></div>
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            <div style="line-height: 1.25;"><a href="#POWEROFATTORNEY">Power of Attorney (included in the signature page to the Registration Statement)</a></div>
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            <div style="line-height: 1.25;"><a href="exhibit_107.htm">107</a></div>
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          <td colspan="1" style="width: 2%; vertical-align: top;"><a href="exhibit_107.htm"><br>
            </a></td>
          <td style="width: 88%; vertical-align: top;">
            <div style="line-height: 1.25;"><a href="exhibit_107.htm">Calculation of Registration Fee</a></div>
          </td>
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    <div style="text-indent: -36pt; margin-left: 36pt; line-height: 1.25;">___________</div>
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            <div>Incorporated by reference, if necessary, to a corresponding exhibit to a Report of Foreign Private Issuer on Form 6-K in connection with an offering of securities.</div>
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            <div>Filed as a Registrant&#8217;s Registration Statement on Form F-1, registration number 333-229740, which Exhibit is incorporated herein by reference.</div>
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<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>exhibit_5-1.htm
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
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      <div style="text-align: right; text-indent: -36pt; margin-left: 36pt; line-height: 1.25; font-weight: bold;"><u>EXHIBIT 5.1</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;">[Amit Pollak letterhead]</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25;">Tel-Aviv, July 27, 2022</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-indent: -10.8pt; margin-left: 10.8pt; line-height: 1.25;">Eltek Ltd.</div>
      <div style="text-indent: -10.8pt; margin-left: 10.8pt; line-height: 1.25;">20 Ben Zion Gellis Street</div>
      <div style="text-indent: -10.8pt; margin-left: 10.8pt; line-height: 1.25;">Sgoola Industrial Zone</div>
      <div style="text-indent: -10.8pt; margin-left: 10.8pt; line-height: 1.25;">Petah Tikva 4927920, Israel</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">Ladies and Gentlemen:</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-indent: 35.3pt; margin-right: 29.5pt; line-height: 1.25;">This opinion is furnished to you in connection with the registration statement on Form F-3 (the &#8220;Registration Statement&#8221;) to be filed on the date hereof Eltek Ltd., a company
        organized under the laws of the State of Israel (the &#8220;Company&#8221;), with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;).&#160; The Registration Statement relates to (a) the registration for sale
        by the Company of up to $20,000,000 aggregate amount of the following securities of the Company: (i) ordinary shares, nominal value NIS 3.00 per share (the &#8220;Ordinary Shares&#8221;), (ii) warrants to purchase Ordinary Shares (the &#8220;Warrants&#8221;), and (iii)
        units comprised of one or more of the Ordinary Shares and Warrants and in any combination (the &#8220;Units&#8221;, and together with the Ordinary Shares, the Warrants,&#160; the &#8220;Securities&#8221;).</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 35.45pt; margin-right: 29.7pt; line-height: 1.25;">As Israeli counsel to the Company in connection with the registering of the Securities pursuant to the Registration Statement, we have examined such corporate records,
        certificates and other documents, and such questions of law, as we have considered necessary or appropriate for the purpose of our opinion.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 35.45pt; margin-right: 29.7pt; line-height: 1.25;">Upon the basis of such examination, we are of the opinion that:</div>
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            </td>
            <td style="width: 18pt; vertical-align: top; align: right;">1.</td>
            <td style="width: auto; vertical-align: top;">
              <div>With respect to the Ordinary Shares, assuming the taking of all necessary corporate action to authorize and approve the issuance of any Ordinary Shares, the terms of the offering thereof and related matters, upon payment of the
                consideration therefor provided for in the applicable definitive purchase, underwriting or similar agreement approved by the Company&#8217;s Board of Directors and otherwise in accordance with the provisions of the definitive purchase,
                underwriting or similar agreement, as applicable, such Ordinary Shares will be validly issued, fully paid and non-assessable.</div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25">&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable">

          <tr>
            <td style="width: 35.3pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; align: right;">2.</td>
            <td style="width: auto; vertical-align: top;">
              <div>With respect to the Warrants, assuming the (a) taking of all necessary corporate action to authorize and approve the issuance of the underlying Ordinary Shares and the issuance and terms of any Warrants, the related Warrant Agreement,
                the terms of the offering thereof and related matters and (b) due execution, authentication, issuance and delivery of such Warrants upon payment of the consideration therefor provided for in the applicable definitive purchase, underwriting
                or similar agreement approved by the Company&#8217;s Board of Directors and otherwise in accordance with the provisions of the applicable Warrant Agreement, such Warrants will constitute valid and legally binding obligations of the Company to the
                extent governed by Israeli law and the underlying Ordinary Shares will be validly issued, fully paid and non-assessable.</div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25">&#160;</div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable">

          <tr>
            <td style="width: 35.3pt;"><br>
            </td>
            <td style="width: 18pt; vertical-align: top; align: right;">3.</td>
            <td style="width: auto; vertical-align: top;">
              <div>With respect to the Units, assuming the (a) taking of all necessary corporate action to authorize and approve the issuance and the terms of the Units, the related Unit Agreement and any Securities which are components of the Units, the
                terms of the offering thereof and related matters and (b) due execution, countersignature (where applicable), authentication, issuance and delivery of the Units and the Securities that are components of such Units in each case upon the
                payment of the consideration therefor provided for in the applicable definitive purchase, underwriting or similar agreement approved by the Company&#8217;s Board of Directors, and otherwise in accordance with the provisions of the applicable (i)
                Warrant Agreement, in the case of Warrants, such Units will be validly issued and will entitle the holders thereof to the rights specified in the Unit Agreements to the extent governed by Israeli law.</div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25">&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
        <div style="page-break-after: always;" id="DSPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="text-indent: 35.45pt; line-height: 1.25;">The opinion expressed herein is limited to Israeli law, and we do not express any opinion as to the laws of any other jurisdiction.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 35.45pt; line-height: 1.25;">We consent to the filing of this opinion as an exhibit to the Registration Statement and to the references to us under the headings &#8220;Legal Matters&#8221; and &#8220;Enforceability of Civil Liabilities&#8221; in the
        Prospectus which is a part of the Registration Statement.&#160; In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the
        Commission thereunder.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25">
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="zb6fb17fad5a44412871f865e53892e18">

            <tr>
              <td style="width: 50.00%;">
                <div>&#160;</div>
              </td>
              <td style="width: 50.00%;">
                <div style="line-height: 1.25;">Very truly yours,</div>
                <div style="line-height: 1.25;"><br style="line-height: 1.25;">
                </div>
                <div style="line-height: 1.25;">/s/ Amit, Pollak, Matalon &amp; Co. </div>
                <div style="line-height: 1.25;">Amit, Pollak, Matalon &amp; Co., Advocates</div>
              </td>
            </tr>

        </table>
      </div>
      <div style="line-height: 1.25"> <br>
      </div>
      <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;">
      <div style="line-height: 1.25">&#160;</div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.2
<SEQUENCE>3
<FILENAME>exhibit_5-2.htm
<DESCRIPTION>EXHIBIT 5.2
<TEXT>
<html>
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    <title></title>
    <!-- Licensed to: Z-K GLOBAL
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    <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;">
    <div>
      <div style="line-height: 1.25;"></div>
      <div style="text-align: right; text-indent: -36pt; margin-left: 36pt; line-height: 1.25; font-weight: bold;"><u>EXHIBIT 5.2</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;">[CLM Letterhead]</div>
      <div style="line-height: 1.25">&#160;&#160; </div>
      <div style="text-align: center; line-height: 1.25;">July 27, 2022</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25; font-weight: bold;"><u>VIA E-MAIL</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: -10.8pt; margin-left: 10.8pt; line-height: 1.25;">Eltek Ltd.</div>
      <div style="text-indent: -10.8pt; margin-left: 10.8pt; line-height: 1.25;">20 Ben Zion Gellis Street</div>
      <div style="text-indent: -10.8pt; margin-left: 10.8pt; line-height: 1.25;">Sgoola Industrial Zone</div>
      <div style="text-indent: -10.8pt; margin-left: 10.8pt; line-height: 1.25;">Petah Tikva 4927920, Israel</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25;">Re: <u>Registration Statement on Form F-3 of Eltek Ltd.</u></div>
      <div style="line-height: 1.25;">&#160; </div>
      <div style="line-height: 1.25;">Ladies and Gentlemen:</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;">We have acted as United States counsel to Eltek Ltd., a company organized under the laws of the State of Israel, (the &#8220;Company&#8221;) in connection with the Registration Statement on Form F-3 (the &#8220;Registration Statement&#8221;)
        filed by the Company with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;).&#160; The Registration Statement relates to (a) the registration for sale by the Company of up to $20,000,000 aggregate
        amount of the following securities of the Company: (i) ordinary shares, nominal value NIS 3.00 per share (the &#8220;Ordinary Shares&#8221;), (ii) warrants to purchase Ordinary Shares (the &#8220;Warrants&#8221;), and units comprised of one or more of the Ordinary Shares
        and&#160; Warrants and in any combination (the &#8220;Units&#8221;, and together with the Ordinary Shares and the Warrants, the &#8220;Securities.&#8221;)</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents
        of the Registration Statement or related applicable Prospectus, other than as expressly stated herein with respect to the issue of the Securities.</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25;">As such counsel, we have examined such matters of fact and questions of law as we have considered appropriate for purposes of this letter. With your consent, we have relied upon certificates and other assurances of
        officers of the Company and others as to factual matters without having independently verified such factual matters. We are opining herein as to the internal laws of the State of New York, and we express no opinion with respect to the applicability
        thereto, or the effect thereon, of the laws of any other jurisdiction or as to any matters of municipal law or the laws of any local agencies within any state. Various issues pertaining to Israeli law are addressed in the opinion of Amit, Pollak,
        Matalon &amp; Co., Advocates, filed as an exhibit to the Registration Statement. We express no opinion with respect to those matters herein, and to the extent elements of those opinions are necessary to the conclusions expressed herein, we have,
        with your consent, assumed such elements.</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Subject to the foregoing and the other matters set forth herein, it is our opinion that, as of the date hereof:</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25;">1. When the applicable warrant agreement has been duly authorized, executed and delivered by all necessary corporate action of the Company, and when the specific terms of a particular issuance of Warrants have been
        duly established in accordance with the terms of the applicable warrant agreement and authorized by all necessary corporate action of the Company, and such Warrants have been duly executed, authenticated, issued and delivered against payment
        therefor in accordance with the terms of the applicable warrant agreement and in the manner contemplated by the applicable Prospectus and by such corporate action (assuming the Ordinary Shares issuable upon exercise of such Warrants have been duly
        authorized and reserved for issuance by all necessary corporate action), such Warrants will be the legally valid and binding obligations of the Company, enforceable against the Company in accordance with their terms.</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25;">2. When the applicable unit agreement has been duly authorized, executed and delivered by all necessary corporate action of the Company, and when the specific terms of a particular issuance of Units have been duly
        authorized in accordance with the terms of the applicable unit agreement and authorized by all necessary corporate action of the Company, and such Units have been duly executed, authenticated, issued and delivered against payment therefor in
        accordance with the terms of the applicable unit agreement and in the manner contemplated by the applicable Prospectus and by such corporate action (assuming the securities issuable upon exercise of such Units have been duly authorized and reserved
        for issuance by all necessary corporate action), such Units will be the legally valid and binding obligations of the Company, enforceable against the Company in accordance with their terms.</div>
      <div style="line-height: 1.25;">&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Our opinions are subject to: (i) the effect of bankruptcy, insolvency, reorganization, preference, fraudulent transfer, moratorium or other similar laws relating to or affecting the rights and
        remedies of creditors; (ii) the effect of general principles of equity, whether considered in a proceeding in equity or at law (including the possible unavailability of specific performance or injunctive relief), concepts of materiality,
        reasonableness, good faith and fair dealing, and the discretion of the court before which a proceeding is brought; (iii) the invalidity under certain circumstances under law or court decisions of provisions providing for the indemnification of or
        contribution to a party with respect to a liability where such indemnification or contribution is contrary to public policy; and (iv) we express no opinion as to (a) any provision for liquidated damages, default interest, late charges, monetary
        penalties, make-whole premiums or other economic remedies to the extent such provisions are deemed to constitute a penalty, (b) consents to, or restrictions upon, governing law, jurisdiction, venue, arbitration, remedies, or judicial relief, (c)
        waivers of rights or defenses, (d) any provision requiring the payment of attorneys&#8217; fees, where such payment is contrary to law or public policy, (e) any provision permitting, upon acceleration of any debt, collection of that portion of the stated
        principal amount thereof which might be determined to constitute unearned interest thereon, (f) the creation, validity, attachment, perfection, or priority of any lien or security interest, (g) advance waivers of claims, defenses, rights granted by
        law, or notice, opportunity for hearing, evidentiary requirements, statutes of limitation, trial by jury or at law, or other procedural rights, (h) waivers of broadly or vaguely stated rights, (i) provisions for exclusivity, election or cumulation
        of rights or remedies, (j) provisions authorizing or validating conclusive or discretionary determinations, (k) grants of setoff rights, (l) proxies, powers and trusts, (m) provisions prohibiting, restricting, or requiring consent to assignment or
        transfer of any right or property, (n) any provision to the extent it requires that a claim with respect to a security denominated in other than U.S. dollars (or a judgment in respect of such a claim) be converted into U.S. dollars at a rate of
        exchange at a particular date, to the extent applicable law otherwise provides, and (o) the severability, if invalid, of provisions to the foregoing effect.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">With your consent, we have assumed (a) that each of the Warrants and Units and the applicable warrant agreements, and unit agreements governing such Securities (collectively, the &#8220;Documents&#8221;) will
        be governed by the internal laws of the State of New York, (b) that each of the Documents has been or will be duly authorized, executed and delivered by the parties thereto, (c) that each of the Documents constitutes or will constitute legally
        valid and binding obligations of the parties thereto other than the Company, enforceable against each of them in accordance with their respective terms, and (d) that the status of each of the Documents as legally valid and binding obligations of
        the parties will not be affected by any (i) breaches of, or defaults under, agreements or instruments, (ii) violations of statutes, rules, regulations or court or governmental orders, or (iii) failures to obtain required consents, approvals or
        authorizations from, or to make required registrations, declarations or filings with, governmental authorities.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of the
        Act. We consent to your filing this opinion as an exhibit to the Registration Statement and to the reference to our firm contained in the Prospectus under the heading &#8220;Legal Matters.&#8221; We further consent to the incorporation by reference of this
        letter and consent into any registration statement or post-effective amendment to the Registration Statement filed pursuant to Rule 462(b) under the Act with respect to the Securities. In giving such consent, we do not thereby admit that we are in
        the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;">
        <table cellspacing="0" cellpadding="0" border="0" id="zafc18931c7fb44649c6d7fac11060836" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

            <tr>
              <td style="width: 50.00%;">
                <div>&#160;</div>
              </td>
              <td style="width: 50.00%;">
                <div style="line-height: 1.25;">Very truly yours,</div>
                <div style="line-height: 1.25;"> <br>
                </div>
                <div style="line-height: 1.25;"> /s/Carter Ledyard &amp; Milburn LLP</div>
              </td>
            </tr>

        </table>
      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;"></div>
      <div style="line-height: 1.25;">SJG:gb</div>
      <div style="line-height: 1.25;"> <br>
      </div>
      <div style="line-height: 1.25;">
        <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"> </div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <br>
    </div>
  </div>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>4
<FILENAME>exhibit_23-1.htm
<DESCRIPTION>EXHIBIT 23.1
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Z-K GLOBAL
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  <div>
    <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;">
    <div>
      <div style="text-align: right; text-indent: -36pt; margin-left: 36pt; line-height: 1.25; font-weight: bold;"><u>EXHIBIT 23.1</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;">We consent to the incorporation by reference in this Registration Statement on Form F-3 of our report dated March 23, 2022 relating to the financial statements of Eltek Ltd. (the &#8220;Company&#8221;),
        appearing in the Annual Report on Form 20-F of the Company for the year ended December 31, 2021. We also consent to the reference to us under the heading "Experts" in such Registration Statement.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">
        <div style="line-height: 1.25;">/s/ Brightman Almagor Zohar &amp; Co.</div>
      </div>
      <div style="line-height: 1.25;">Brightman Almagor Zohar &amp; Co.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">A member of Deloitte Global Network</div>
      <div style="line-height: 1.25;">Tel Aviv, Israel</div>
      <div style="line-height: 1.25;">July 27, 2022</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">
        <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"> </div>
      <br>
    </div>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>5
<FILENAME>exhibit_23-2.htm
<DESCRIPTION>EXHIBIT 23.2
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Z-K GLOBAL
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  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;">
    <div>
      <div style="text-align: right; text-indent: -36pt; margin-left: 36pt; line-height: 1.25; font-weight: bold;"><u>EXHIBIT 23.2</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">We consent to the reference to our firm under the caption "Experts" in the Registration Statement (Form F-3) and related Prospectus of Eltek Ltd. and to the incorporation by
        reference therein of our report dated April 27, 2020, with respect to the consolidated financial statements of Eltek Ltd. included in its Annual Report (Form 20-F) for the year ended December 31, 2019, filed with the Securities and Exchange
        Commission.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">
        <div style="line-height: 1.25;">/s/ Kost Forer Gabbay and Kasierer</div>
      </div>
      <div style="line-height: 1.25;">Kost Forer Gabbay and Kasierer</div>
      <div style="line-height: 1.25;">A Member of Ernst &amp; Young Global</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">Tel-Aviv, Israel</div>
      <div style="line-height: 1.25;">&#160;July 27, 2022</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"></div>
  </div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>6
<FILENAME>exhibit_107.htm
<DESCRIPTION>EXHIBIT 107
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Z-K GLOBAL
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  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;">
    <div>
      <div style="text-align: right; text-indent: -36pt; margin-left: 36pt; line-height: 1.25; font-weight: bold;"><u>Exhibit 107</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;">
        <div style="text-align: center; line-height: 1.25; font-weight: bold;"> Calculation of Filing Fee Tables</div>
      </div>
      <div style="line-height: 1.25;">
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">Form F-3</div>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">(Form Type)</div>
      </div>
      <div style="line-height: 1.25;">
        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
      </div>
      <div style="line-height: 1.25;">
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">Eltek Ltd.</div>
        <div style="text-align: center; line-height: 1.25;">(Exact Name of Registrant as Specified in its Charter)</div>
      </div>
      <div style="line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25;">
        <div style="text-align: center; line-height: 1.25;"><u>Table 1: Newly Registered and Carry Forward Securities</u></div>
        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
      </div>
      <table cellspacing="0" cellpadding="2" border="0" style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="width: 5.85%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.61%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Security Type</div>
            </td>
            <td style="width: 13.9%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Security Class</div>
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Title</div>
            </td>
            <td style="width: 11.83%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Fee Calculation or Carry Forward Rule</div>
            </td>
            <td style="width: 11.07%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Amount Registered</div>
            </td>
            <td style="width: 10.86%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Proposed Maximum Offering Price Per Unit</div>
            </td>
            <td style="width: 11.93%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Maximum Aggregate Offering Price <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
            </td>
            <td style="width: 10.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Fee Rate</div>
            </td>
            <td style="width: 12.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Amount of Registration Fee</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.85%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Fees to Be Paid</div>
            </td>
            <td style="width: 11.61%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Equity</div>
            </td>
            <td style="width: 13.9%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Ordinary shares, par value of NIS 3.00 per share</div>
            </td>
            <td style="width: 11.83%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.07%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 10.86%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.93%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 10.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5.85%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.61%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Other</div>
            </td>
            <td style="width: 13.9%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Warrants</div>
            </td>
            <td style="width: 11.83%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.07%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 10.86%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.93%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 10.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5.85%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.61%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Other</div>
            </td>
            <td style="width: 13.9%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Units</div>
            </td>
            <td style="width: 11.83%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.07%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 10.86%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.93%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 10.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5.85%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.61%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Unallocated (Universal) Shelf</div>
            </td>
            <td style="width: 13.9%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Unallocated (Universal) Shelf</div>
            </td>
            <td style="width: 11.83%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">457(o)</div>
            </td>
            <td style="width: 11.07%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div>
            </td>
            <td style="width: 10.86%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></div>
            </td>
            <td style="width: 11.93%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">$20,000,000</div>
            </td>
            <td style="width: 10.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">0.0000927</div>
            </td>
            <td style="width: 12.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">$1,854</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.85%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.61%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 13.9%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.83%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.07%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 10.86%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.93%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 10.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5.85%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 48.41%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);" colspan="4">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Total Offering Amounts</div>
            </td>
            <td style="width: 10.86%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.93%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 10.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">$1,854</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.85%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 48.41%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);" colspan="4">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Total Fees Previously Paid</div>
            </td>
            <td style="width: 10.86%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.93%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 10.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">&#8212;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.85%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 48.41%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);" colspan="4">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Total Fee Offsets</div>
            </td>
            <td style="width: 10.86%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.93%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 10.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.48%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">1,212</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5.85%; 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);">&#160;</td>
            <td style="width: 48.41%; 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);" colspan="4">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Net Fee Due</div>
            </td>
            <td style="width: 10.86%; 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);">&#160;</td>
            <td style="width: 11.93%; 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);">&#160;</td>
            <td style="width: 10.48%; 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);">&#160;</td>
            <td style="width: 12.48%; vertical-align: top; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">$642.00</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 3%; vertical-align: top;">
              <div style="line-height: 1.25;">(1)</div>
            </td>
            <td style="width: 97%; vertical-align: top;">
              <div style="text-align: justify; line-height: 1.25;">The proposed maximum aggregate offering price per class of security will be determined from time to time by the registrant in connection with the issuance by the registrant of the
                securities registered hereunder and is not specified as to each class of security pursuant to instructions to Form F-3 under the Securities Act, as amended, or the Securities Act.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 3%; vertical-align: top;">
              <div style="text-align: justify; line-height: 1.25;">(2)</div>
            </td>
            <td style="width: 97%; vertical-align: top;">
              <div style="text-align: justify; line-height: 1.25;">There are being registered hereunder such indeterminate number of the securities of each identified class being registered as may be sold by the registrant from time to time at
                indeterminate prices, with the maximum aggregate public offering price not to exceed $20,000,000. Also includes such indeterminate number of securities of the registrant as may be issued upon exercise, conversion or exchange of these
                securities. Separate consideration may or may not be received for securities that are issuable upon exercise, conversion or exchange of other securities.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 3%; vertical-align: top;">
              <div style="text-align: justify; line-height: 1.25;">(3)</div>
            </td>
            <td style="width: 97%; vertical-align: top;">
              <div style="text-align: justify; line-height: 1.25;">The proposed maximum aggregate price per unit of each class of securities will be determined from time to time by the registrant in connection with the issuance by the registrant of the
                securities registered hereunder and is not specified as to each class of securities pursuant to the General Instruction II.C. of Form F-3 under the Securities Act of 1933.</div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">Table 2: Fee Offset Claims and Sources</div>
      <div style="line-height: 1.25">&#160;</div>
      <table cellspacing="0" cellpadding="2" border="0" style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; width: 100%; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="width: 7.46%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 9.59%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Registrant or Filer Name</div>
            </td>
            <td style="width: 6.33%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Form or Filing Type</div>
            </td>
            <td style="width: 8.06%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">File Number</div>
            </td>
            <td style="width: 6.96%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Initial Filing Date</div>
            </td>
            <td style="width: 6.96%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Filing Date</div>
            </td>
            <td style="width: 8.14%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Fee Offset Claimed</div>
            </td>
            <td style="width: 9.68%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Security Type Associated with Fee Offset Claimed</div>
            </td>
            <td style="width: 9.68%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Security Title Associated with Fee Offset Claimed</div>
            </td>
            <td style="width: 9.68%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Unsold Securities Associated with Fee Offset Claimed</div>
            </td>
            <td style="width: 10.4%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Unsold Aggregate Offering Amount Associated with Fee Offset Claimed</div>
            </td>
            <td style="width: 7.05%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Fee Paid with Fee Offset Source</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);" colspan="12">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">Rule 457(p)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7.46%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Fee Offset Claims</div>
            </td>
            <td style="width: 9.59%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Eltek Ltd.</div>
            </td>
            <td style="width: 6.33%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">F-3</div>
            </td>
            <td style="width: 8.06%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">333-233136<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> (4)</sup></div>
            </td>
            <td style="width: 6.96%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">August 8, 2019</div>
            </td>
            <td style="width: 6.96%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">N/A</div>
            </td>
            <td style="width: 8.14%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">$<font style="font-weight: bold;">1,212</font></div>
            </td>
            <td style="width: 9.68%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Equity</div>
            </td>
            <td style="width: 9.68%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">Ordinary Shares</div>
            </td>
            <td style="width: 9.68%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">N/A</div>
            </td>
            <td style="width: 10.4%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">$10,000,000</div>
            </td>
            <td style="width: 7.05%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25;">N/A</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7.46%; 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;">Fee Offset Sources</div>
            </td>
            <td style="width: 9.59%; 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;">Eltek Ltd.</div>
            </td>
            <td style="width: 6.33%; 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;">F-3</div>
            </td>
            <td style="width: 8.06%; 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;">333-233136<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> (4)</sup></div>
            </td>
            <td style="width: 6.96%; 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;">N/A</div>
            </td>
            <td style="width: 6.96%; 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;">August 20, 219</div>
            </td>
            <td style="width: 8.14%; 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;">N/A</div>
            </td>
            <td style="width: 9.68%; 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;">N/A</div>
            </td>
            <td style="width: 9.68%; 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;">N/A</div>
            </td>
            <td style="width: 9.68%; 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;">N/A</div>
            </td>
            <td style="width: 10.4%; 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;">N/A</div>
            </td>
            <td style="width: 7.05%; vertical-align: top; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);">
              <div style="text-align: center; line-height: 1.25; font-weight: bold;">$1,212</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 3%; vertical-align: top;">
              <div style="line-height: 1.25;">(4)</div>
            </td>
            <td style="width: 97%; vertical-align: top;">
              <div style="line-height: 1.25;">Attributable to $10,000,000 of unsold securities ($1,212 of previously paid fees) that were previously registered under the Registration Statement on Form&#160;F-3&#160;(333-233136) on August 20, 2019 (the &#8220;Prior
                Registration Statement&#8221;) that have not yet been issued and sold. Pursuant to Rule 457(p)&#160;under the&#160;Securities Act, such unutilized filing fees may be applied to the filing fees payable pursuant to this Registration Statement, and the Prior
                Registration Statement and the offering of the unsold securities registered under the Prior Registration Statement will be deemed terminated as of the effective date of this Registration Statement.</div>
            </td>
          </tr>

      </table>
      <div><br>
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end
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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>image1.jpg
<TEXT>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
