Tamda Ltd. (TASE:TMDA-M) agreed to acquire Operations & Data Integrity Ltd. from David Geva, Oren Eitan and other shareholders for approximately ILS 36 million in stock on June 30, 2016. As of July 4, 2016, Mayanot Tamra Ltd. (TASE:TMDA-M) signed a definitive agreement to acquire Operations & Data Integrity Ltd. from David Geva, Oren Eitan and other shareholders. Mayanot Tamra will issue its 46.61 million ordinary shares as the consideration. David Geva and Oren Eitan holds 88.24% stake in Operations & Data Integrity. Completion is subject to pre-conditions, such as approval of the shareholder meeting of Mayanot Tamra and a capital funding for at least ILS 10 million. Pre-conditions must be completed until September 30, 2016. As of September 29, 2016, an amended agreement was signed under which the transaction was subject to an issuance of at least ILS 10 million has been cancelled, and instead the minimum issuance will amount to ILS 5 million. As of October 10, 2016, all the amendments of September 29 have been cancelled, with the exception of the pre-conditions latter fulfillment date, established on October 31, 2016. Thus, the pre-condition under which the proceeds of an issuance would not be lower than ILS 5 million has been cancelled and, instead, a minimum of ILS 10 million has been established for the issuance. As on October 31, 2016, an amendment to the agreement has been signed to extend the deal completion date to November 21, 2016.