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Equity | 12 Months Ended
--- | ---
Dec. 31, 2023
Equity [Abstract] |
EQUITY | NOTE 16 – EQUITY
| A. | Composition of share capital
|  | Authorized |  |  | Issued and paid-up |
|  | No. of shares |  |  | No. of shares |
Ordinary Shares on par value per share, as of As at December 31, 2023 |  |  | 20,000,000 |  |  |  | 3,161,779 |
Ordinary Shares of NIS 0.01 par value each As of December 31, 2022 |  |  | 20,000,000 |  |  |  | 3,161,779 |
On August 22, 2021 (the Company’s incorporation date), the Company issued to its shareholders 16,666,666 ordinary shares of NIS 0.01 par value., as part of a Restructuring. As part of the Restructuring, Silynx’s entire issued and paid-up share capital, which has been held through that date by its shareholders, was transferred by the shareholders to the Company, and SOS’s entire share capital, that has been held through that date by Silynx, was transferred to the Company by way of dividend in kind (see Note 1.B. above). The shares confer upon their holders the rights to vote in the Company’s general meeting, right to dividends and rights upon the liquidation of the Company. Change in authorized share capital and reverse stock split: On August 6, 2023, the Company’s shareholders approved in the general shareholders meeting that: All shares (issued and unissued) be consolidated on the basis that every 5.612 Ordinary Shares of par value NIS 0.01 will be consolidated into 1 ordinary share with no par value, such that the authorized ordinary share of the Company following the reverse stock split and the cancellation of par value per share will be in the amount of 4,455,000 ordinary shares of no par value. In addition, the Company approved to increase its authorized share capital to 20,000,000 ordinary shares. On November 28, 2023, the Company’s shareholders approved in the general shareholders meeting that: All shares (issued and unissued) are consolidated on the basis that every 1 Ordinary Share par is consolidated into 1.064572054 ordinary share with no par value, such that the authorized ordinary shares of the Company following the stock split will be in the amount of 21,291,441 ordinary shares of no par value. In addition, the Company approved to decrease its authorized share capital to 20,000,000 ordinary shares, and the Company’s current issued and outstanding Ordinary Shares will be in the aggregate amount of 3,161,779 Ordinary Shares, of no par value each, and the Company’s options will be in the amount of 1,150,275 options to purchase Ordinary Shares (in such case the exercise price will be adjusted accordingly).

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- Definition The entire disclosure for share capital, reserves and other equity interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 79 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_79&doctype=Standard -URIDate 2023-03-23 + Details
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- References No definition available. + Details
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