Amended Merger Agreement Announced by MDA Space, SatixFy

Seeking Increased Consideration and Postponement of Shareholder Meeting

May 23, 2025

∙ Paid

MDA Space and SatixFy have agreed to amend the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated April 1, 2025 among SatixFy Communications Ltd. ("SatixFy"), MDA Space Ltd. ("MDA") and certain subsidiaries. In the initial agreement, MDA agreed to acquire SatixFy in an all-cash transaction for $2.10 (without interest) per ordinary…

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