Item 8.01. Other Events.

On November 25, 2019, Ahmed Zaki Sabet, the Chief Operating Officer of Precipio, Inc. (the "Company"), adopted a stock trading plan in accordance with Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), to purchase shares of the Company's common stock (the "Plan").

Under the Plan, a broker will purchase up to $300 of shares of the Company's common stock at prevailing market prices on the first day of every third calendar month, commencing December 1, 2019. Transactions under the Plan will be reported to the Securities and Exchange Commission in accordance with applicable securities laws, rules and regulations.

The Plan adopted by Ahmed Zaki Sabet is intended to comply with Rule 10b5-1 of the Exchange Act and the Company's Insider Trading and Anti-Tipping Policy, which permit issuers, officers, directors or employees who are not then in possession of material non-public information to enter into a pre-arranged plan for buying or selling Company stock under specified conditions and at specified times.

In accordance with Rule 10b5-1, Ahmed Zaki Sabet will have no discretion over purchases under the Plan. Because the purchases under the Plan are subject to certain market pricing parameters and trading limitations, there is no guarantee as to the exact number of shares that will be purchased under the Plan, or that there will be any purchases pursuant to the Plan. Except as may be required by applicable law, the Company does not undertake to report modifications, terminations or other activities under the Plan for Ahmed Zaki Sabet.

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