Just joking @zoofer, Don't panicBelow is a email from our...

Just joking @zoofer, Don't panic

Below is a email from our Chairman to shareholders explaining the situation. Hopefully this will aid you in getting a handle on what may unfold.

Dear Shareholders,I hope this message finds you well. I am writing to provide a brief yet comprehensive update on some Board developments within UNITH. Please be assured that these events are independent of our day-to-day operations, which continue at full capacity under the capable leadership of Idan and his team. They remain focused on delivering our digital humans platform and progressing with the self-service platform soft launched before Christmas.Key Update: Request for Board Member ResignationThe Board, in unison with our executive management, has requested the resignation of board member Matthew Blake. This decision comes after a series of events that began in the spring of 2023, involving Mr. Blake’s insistence on excessive travel expenses to visit UNITH's European offices, and his reluctance to adhere to appropriate governance standards expected in a public company.Background and ConcernsSimultaneously, an issue surfaced with NVISO, a private company in partnership with us. In 2023, following a takeover, NVISO's new management pursued aggressive tactics to secure investment from UNITH. Our thorough due diligence revealed material risks, leading the Board and executive management, except Mr. Blake, to vote against this investment. Alarmingly, Mr. Blake maintained communication with NVISO's management and other third parties involved - and leaked sensitive UNITH information.Subsequent Actions and Current SituationIn response to our request for his resignation, Mr. Blake, in collaboration with NVISO management, attempted to displace current directors and spread misinformation among shareholders. Moreover, the proposed replacement director, linked to NVISO, has not provided credentials for evaluation which raised concerns about potential conflicts of interest and misguided use of capital.We have identified discrepancies in their filing, including inaccuracies in shareholder information, and are working with legal guidance to address these issues. If a valid filing is submitted, it may lead to a General Meeting to decide on the Board's composition.Commitment to Transparency and GovernanceWe are committed to maintaining the highest governance standards and will continue to update you on these matters. Our focus remains on steering UNITH towards positive growth and upholding our values of transparency and ethical management.Thank you for your continued support.