PRF Technologies Faces S.H.N. Lawsuit Seeking Shareholder Vote to Replace Three Directors

• S.H.N. Financial Investments petitioned Tel Aviv District Court on November 2, 2026, to compel PRF Technologies to hold a shareholder meeting.
• The petition seeks to replace three non-external directors, a majority of the five-member board, with S.H.N. nominees.
• S.H.N. also seeks interim restrictions on actions outside ordinary business, including asset dispositions and securities issuances, as well as additional director appointments.
• The court has issued no order on the petition or interim relief, which could limit capital raising and strategic transactions.
• The company disputes the claims and intends to defend its position; its response is due within 20 days unless otherwise ordered.

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