BOS BETTER ONLINE SOLUTIONS LTD

B.O.S Better Online Solutions Ltd, incorporated in Israel in 1990, optimizes supply chain operations using advanced technologies. The company's Ordinary Shares are listed on the Nasdaq Capital Market under the symbol "BOSC". Its executive offices, shipping, and service operations are located in Rishon LeZion, Israel. In May 2022, the company purchased 546 sqm of offices, 495 sqm of warehouses, and nine parking spots in Rishon Le Zion, Israel, for NIS 6.5 million (approximately $1.9 million). This real estate was previously leased by BOS. On December 15, 2022, shareholders approved an increase of 3,000,000 Ordinary Shares in the authorized share capital, bringing the total to 11,000,000 Ordinary Shares of no nominal value. BOS operates through three business divisions. The Supply Chain Solutions Division globally distributes electromechanical components, primarily to the defense and Hi-Tech industries. Its sales engineers collaborate with customer R&D and development teams to integrate franchised components into new product designs. Upon successful product transition to production, BOS receives recurring orders. The RFID Division focuses on optimizing inventory management by marking and tracking inventory throughout the supply chain.