<SEC-DOCUMENT>0001178913-26-001163.txt : 20260318
<SEC-HEADER>0001178913-26-001163.hdr.sgml : 20260318
<ACCEPTANCE-DATETIME>20260318095302
ACCESSION NUMBER:		0001178913-26-001163
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20260318
FILED AS OF DATE:		20260318
DATE AS OF CHANGE:		20260318

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Reichman Amir
		CENTRAL INDEX KEY:			0001960199
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37353
		FILM NUMBER:		26766376

	MAIL ADDRESS:	
		STREET 1:		269 NAHAL FARAN ST.
		CITY:			TAL SHAHAR
		STATE:			L3
		ZIP:			7680500

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Scinai Immunotherapeutics Ltd.
		CENTRAL INDEX KEY:			0001611747
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		ORGANIZATION NAME:           	03 Life Sciences
		EIN:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		JERUSALEM BIOPARK, 2ND FLOOR
		STREET 2:		HADASSAH EIN KEREM CAMPUS
		CITY:			JERUSALEM
		STATE:			L3
		ZIP:			00000
		BUSINESS PHONE:		972-8-9302529

	MAIL ADDRESS:	
		STREET 1:		JERUSALEM BIOPARK, 2ND FLOOR
		STREET 2:		HADASSAH EIN KEREM CAMPUS
		CITY:			JERUSALEM
		STATE:			L3
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BiondVax Pharmaceuticals Ltd.
		DATE OF NAME CHANGE:	20140624
</SEC-HEADER>
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<TYPE>3
<SEQUENCE>1
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<DESCRIPTION>FORM 3
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<ownershipDocument>

    <schemaVersion>X0607</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2026-03-18</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001611747</issuerCik>
        <issuerName>Scinai Immunotherapeutics Ltd.</issuerName>
        <issuerTradingSymbol>SCNI</issuerTradingSymbol>
        <issuerForeignTradingSymbol></issuerForeignTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001960199</rptOwnerCik>
            <rptOwnerName>Reichman Amir</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SCINAI IMMUNOTHERAPEUTICS LTD.</rptOwnerStreet1>
            <rptOwnerStreet2>JERUSALEM BIOPARK, 2ND FLOOR</rptOwnerStreet2>
            <rptOwnerCity>JERUSALEM</rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode>9112002</rptOwnerZipCode>
            <rptOwnerStateDescription>ISRAEL</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Executive Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Ordinary shares, no par value per share</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>311637600</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>American Depositary Shares</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F4"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Ordinary Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>67540000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
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    <footnotes>
        <footnote id="F1">The Ordinary Shares are represented by American Depositary Shares, each of which currently represents four thousand Ordinary Shares.</footnote>
        <footnote id="F2">Includes 71,637,600 Ordinary Shares that are represented by restricted share units (&quot;RSUs&quot;) that were granted on January 25, 2024, of which 25% vested on the six-month anniversary thereof, 8.33% vested on the 12-month anniversary thereof, and 66.66% vest in two equal annual installments thereafter, subject to the Reporting Person's continued service through such dates. Each RSU represents a contingent right to receive one Ordinary Share upon vesting.</footnote>
        <footnote id="F3">Includes 240,000,000 Ordinary Shares that are represented by RSUs that were granted on December 22, 2025, which vest in three equal annual installments thereafter, subject to the Reporting Person's continued service through such dates.</footnote>
        <footnote id="F4">Represents 16,885 American Depositary Shares, which are convertible at any time into 67,540,000 Ordinary Shares, at the holder's election and have no expiration date.</footnote>
    </footnotes>

    <remarks>Exhibit 24 - Power of Attorney.</remarks>

    <ownerSignature>
        <signatureName>/s/ Amir Reichman</signatureName>
        <signatureDate>2026-03-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
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<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>exhibit_24.htm
<DESCRIPTION>EXHIBIT 24
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      <div style="line-height: 1.25; text-align: right;"><u><font style="font-weight: bold;">Exhibit 24</font></u><br style="line-height: 1.25;">
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    <div style="text-align: center; line-height: 1.25;"><font style="font-weight: bold;">LIMITED POWER OF ATTORNEY<br>
      </font><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">Know all by these present, that the undersigned hereby constitutes and appoints Uri Ben-Or (the &#8220;<font style="font-weight: bold; font-style: italic;">Attorney-in-fact</font>&#8221;) as
      the undersigned&#8217;s true and lawful attorney-in-fact to:</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; text-indent: -14.2pt; margin-left: 49.65pt; line-height: 1.25;">1. prepare, submit, execute for, and on behalf of the undersigned, in the undersigned&#8217;s capacity as an officer or director, as applicable, of Scinai
      Immunotherapeutics Ltd. (the &#8220;Company&#8221;), (a) Forms 3, 4, and 5 (and any amendments thereto) in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder and (b) any other forms or reports
      the undersigned may be required to file in connection with the undersigned&#8217;s ownership, acquisition, or disposition of securities of the Company with the Securities and Exchange Commission (the &#8220;SEC&#8221;) on the Electronic Data Gathering, Analysis, and
      Retrieval system (&#8220;EDGAR&#8221;) of the SEC;</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; text-indent: -14.2pt; margin-left: 49.65pt; line-height: 1.25;">2. do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or
      5, or other form or report (or any amendment thereto), and timely file such schedule, form or report with the SEC on EDGAR and any stock exchange or similar authority;</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; text-indent: -14.2pt; margin-left: 49.65pt; line-height: 1.25;">3. seek or obtain, as the undersigned&#8217;s representative and on the undersigned&#8217;s behalf, information on transactions in the Company&#8217;s securities from any
      broker or financial institution, and the undersigned hereby authorizes any such person to release any such information to each of the Attorneys- in-fact and approves and ratifies any such release of information; and</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; text-indent: -14.2pt; margin-left: 49.65pt; line-height: 1.25;">4.&#160; take any other action of any type whatsoever in connection with the foregoing which, in the opinion of the Attorney-in-fact, may be of benefit to, in
      the best interest of, or legally required by, the undersigned, it being understood that the documents executed by the Attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms
      and conditions as the Attorney-in-fact may approve in the Attorney-in-fact&#8217;s discretion.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">The undersigned acknowledges that this Power of Attorney authorizes, but does not require, the Attorney-in-Fact to act in his or her discretion on information provided to such
      Attorney-in-Fact without independent verification of such information, and any documents prepared or executed by the Attorney-in-Fact on behalf of the undersigned pursuant to this Power of Attorney will be in such form and will contain such
      information as the Attorney-in-Fact, in his or her discretion, deems necessary or desirable.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">The undersigned hereby grants to the Attorney-in-Fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done
      in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that
      the Attorneys-in-Fact, or the Attorney-in-Fact's designated substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing
      Attorney-in-Fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is Scinai Immunotherapeutics Ltd. assuming, any of the undersigned&#8217;s responsibilities to comply with Section 16 of the Securities Exchange Act of
      1934, and this Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigned&#8217;s obligations under Section 13 or Section 16 of the Exchange Act, including, without limitation, the reporting requirements
      under Section 13 or Section 16 of the Exchange Act.</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">This Power of Attorney, with respect to the Attorneys-in-Fact, shall remain in full force and effect until the earlier of (a) the date that the undersigned is no longer required to
      file Forms 3, 4, and 5 with respect to the undersigned&#8217;s beneficial ownership and transactions in securities issued by the Company, (b) this Power of Attorney is revoked by the undersigned in a signed writing delivered to the Attorneys-in-Fact, or
      (c) the time at which the Attorney-in-Fact is no longer employed by Scinai Immunotherapeutics Ltd.</div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"> <br>
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    <div style="text-indent: 36pt; line-height: 1.25;">IN WITNESS WHEREOF, the undersigned has executed this Limited Power of Attorney as of this 18<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day of March, 2026.</div>
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    <div style="margin: 0px 0px 0px 50%; line-height: 1.25;">SIGNED AND ACKNOWLEDGED</div>
    <div style="line-height: 1.25">&#160;</div>
    <div style="margin: 0px 0px 0px 50%; line-height: 1.25;">By: <u>/s/ Amir Reichman</u></div>
    <div style="margin: 0px 0px 0px 50%; line-height: 1.25;">Name: Amir Reichman</div>
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