Item 2.01 Completion of Acquisition or Disposition of Assets

As previously disclosed, on June 1, 2022, Cyren Ltd. (the "Company") entered into a definitive Sale and Purchase Agreement ("SPA") with Content Services Group GmbH to sell all the equity interests in its legacy secure email gateway business and wholly owned subsidiary, Cyren GmbH (the "Transaction"). On August 1, 2022, the Company completed the transaction for a total purchase price of EUR 10,000,000 in cash, subject to customary post-closing adjustments. The foregoing description is qualified in its entirety by reference to the full text of the SPA, which has been filed as Exhibit 2.1 to this Form 8-K.

Cautionary Statements Regarding Forward-Looking Information

This Report contains forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, including, but not limited to, statements about the Stock Purchase Agreement. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expected. In addition to risks and uncertainties disclosed in the Company's other reports it files with the Securities and Exchange Commission, these risks and uncertainties include, but are not limited to, the ability to consummate the proposed transactions; the ability to obtain third party approvals with respect to the transactions; the possibility that some or all of the conditions to the closing of the transaction may not be satisfied or waived; and the effects of disruption from the transaction on our business in general. Investors should consider these factors before deciding to make or maintain an investment in our securities. The forward-looking statements included in this Report are based on information available to the Company as of the date of this Report. The Company expressly disclaims any intent or obligation to update any forward-looking statements to reflect subsequent events or circumstances.

Item 9.01 Financial Statements and Exhibits



(d) Exhibits

  Exhibit No.          Description

                         Sale and Purchase Agreement between Cyren Ltd. and Content Services Group
      2.1              GmbH
                         Cyren Ltd. Unaudited Pro Forma Condensed Consolidated Pro Forma Financial
      99.1             Statements
                       Cover Page Interactive Data File (formatted as inline XBRL and contained in
      104              Exhibit 101)

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