NIS Submitted a Request for a Special License to the U.S. Department of the Treasury

On November 18, NIS submitted a new request to the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury for the issuance of a special license that would enable the company to operate without disruptions.

The previous license, issued on November 14 and valid until February 13 2026, authorized negotiations between shareholders and other interested parties regarding changes in NIS’s ownership structure.

In line with the current status of negotiations between the shareholders and the interested parties, a request was sent to OFAC for a new license that would allow the Company to continue its operations while discussions on a sustainable solution for NIS are underway.