TODOS MEDICAL LTD. : Entry into a Material Definitive Agreement (form 8-K)

Item 1.01 Entry into a Material Definitive Agreement

On March 24, 2023, the Company entered into an amendment (the "Third Amendment") to its existing line of credit agreement with Testing 123 LLC (the "Lender") ("Line of Credit Agreement"), pursuant to which (a) Todos Botanicals, LLC was added as a borrower under the Line of Credit Agreement, (b) the Company agreed to issue 43,000,000 of its Ordinary Shares to the Lender, in addition to the 50,000,000 Ordinary Shares of the Company that were previously issued to the Lender in consideration of a modification of the Line of Credit Agreement that was entered into on June 24, 2022, and (c) the Company granted to the Lender an option to purchase a non-dilutable 10% interest in Todos Botanicals, LLC for $100,000, which option shall expire upon the later of (i) the date that the obligations of the Company to the Lender under the Agreement are paid in full and (ii) March 24, 2028.

The Third Amendment is furnished as Exhibit 10.1 to this current report on Form 8-K. The foregoing description of the Third Amendment does not purport to be complete and is qualified in its entirety by reference to the Third Amendment.

No.         Description
10.1          Third Amendment to Revolving Line of Credit Agreement entered into
            as of March 24 2023 by and between Todos Medical Ltd. a corporation
            organized under the laws of Israel, Corona Diagnostics LLC, a limited
            liability company organized under the laws of the State of Nevada,
            Provista Diagnostics Inc. a corporation organized under the laws of
            the State of Delaware, Todos Medical USA, Inc., a corporation
            organized under the laws of the State of Nevada, and Breakthrough
            Diagnostics, Inc., a corporation organized under the laws of the State
            of Nevada (the "Existing Borrowers"), and Todos Botanicals LLC, a
            limited liability company organized under the laws of the State of
            Nevada (the "New Borrower" and together with the Existing Borrowers,
            the "Borrower"), and Testing 123 LLC, a limited liability company
            organized under the laws of the State of Delaware (the "Lender").
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