EX-5.1 9 exhibit_5-1.htm EXHIBIT 5.1


Exhibit 5.1

 
Aharon Pollak
 
Amir Fish
 
Roy Niron
 
Julia Vainshenker
 
Shahak Davidson
 
Moshe Matalon
 
Nadia Davidzon
 
Liron Usherovich
 
Lital Efrati
 
Ravid Amikam
 
Arie Neiger *
 
Shalom Simon**
 
Ido Hazan
 
Amir Barel
 
Roi Amos
 
Doron Levy
 
Moran Mordechay
 
Yana Yavnitzki Dror
 
Amit Shilton
 
Ron Raziel
 
Eldad Koresh
 
Jonathan Tessone
 
Mor Gazit
 
Masha Kaminsky
 
Coral Rejwan
 
Yonatan Altman
 
Avishai Sahar
 
Tal Sasson-Ferdman
 
Tal Zaid Rozen
 
Karin Lichterman
 
Ian Rostowsky
 
Shahar Haron
 
Efrat Shpizaizen
 
Natalie Nahum
 
Bar Levi
Established 1956
 
Anat Sterenlib-Molkho
 
Ephraim Ofek Aharon
 
Elinor Polak
 
Shmuel Birbir
 
Carolina Labaton
   
Asaf Biger
 
Omer Ben Matityahu
 
Eran Buvilski
 
Yaniv Holzman
   
   
Maya Issacharov *
 
Adi El Rom
 
Shiran Geva
 
Bar Farkash
   
   
Orit Israeli
 
Hilla Shribman
 
Arik Ben Simchon
 
Sapir Almog
   
   
Erez Haver
 
Shani Ashkenasi
 
Shira Danziger-Mualam
 
Noy Rimer
   
   
Aya Reich Mina
 
Gal Omer
 
Racheli Vardi
 
Noa Kay
   
   
Racheli Guz-Lavi (CPA)
 
Liron-Levy Lev
 
Avishay Sadeh
 
Guy Grinfeld
   
   
Ayelet Torem
 
Ruth Amit-Fogel
 
Yoav Sherman
 
Netanel Nwhemya
   
   
Yoav Etzyon*
 
Ovad Kedmi
 
Amir Dar
 
Sivan Rozenberg
   
   
Sharon Lubezky Hess
 
Yair Avraham
 
Lior Mozes Goldenberg
 
Ido Maron
   
   
Dr. Tal Tirosh*
 
Joseph Z. Hellerstein
 
Eliad Farjoon
 
Kobi Kimchi
   
   
Ariel Frank
 
Ran Cohen
 
Yulia Kniazev*
 
Hen Agranov
   
   
Amichay Finkelstein
 
Itai Nachtomy
 
Lihi Godes
 
Yarden Ofra
   
   
Chagit Pedael Levin
 
Yifat Weiss
 
Tal Tsarfaty-Doron
 
Sapir Bittan
   
apm@apm.law
 
Benjamin Grossman
 
Limor Segman
 
Dana Shwartz
 
Dana Gordon
 
Nahum Amit
www.apm.law
 
Stephen Barak Rozen
 
Shalev Brants
 
Yinon Himi
 
Kobi Winekrantz
 
[1923-2007]
Office. 972-3-5689022
 
Ravit Arbel
 
Helen Marshanski
 
Ariella Magid
 
Natalia Zeron
 
Etty Avni-Borowits
Fax. 972-3-5689023
 
Galit Shitzer
 
Yahel Porat
 
Harel Afargan
 
Tal Horovicz
 
[1945-2005]
APM House, 18 Raoul Wallenberg
 
Michael Yavin
 
Tzipi Kolp Frieder
 
Roy Duvshani
 
Linor Argentaro
 
* Also a member of
St, Building D, 7st Floor, Ramat
 
Efraim Levy
 
Eitan Leder
 
Naor Traitel
 
Sapir Palas-Sarussy
 
the New-York Bar
Hachayal,Tel Aviv 6971915, Israel
 
Ranit Kessous-Katz
 
Lilach Horesh
 
Hen Yannay
 
Rotem Raz
 
** Notary

October 14, 2020

Eltek Ltd.
20 Ben Zion Gellis Street
Sgoola Industrial Zone
Petah Tikva 4927920, Israel
 
Re: Registration Statement on Form F-1
 
This opinion is furnished to you in connection with the registration statement on Form F-1 (the “Registration Statement”) to be filed on the date hereof by Eltek Ltd., a company organized under the laws of the State of Israel (the “Company”), with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”).  The Registration Statement relates to the proposed registration for sale by the Company of up to $6,000,000 aggregate amount of the Company's ordinary shares, nominal value NIS 3.00 per share ( the “Shares”), by way of grant of nontransferable subscription right to the Company's shareholders (the “Rights”). The Rights will be evidenced by subscription rights certificates.  The Registration Statement relates to the Rights and to the Shares that may be issued and sold by the Company upon exercise of the Rights.
 
As Israeli counsel to the Company in connection with the filing of the Registration  Statement, we have examined such corporate records, certificates and other documents, and such questions of law, as we have considered necessary or appropriate for the purpose of our opinion. In our examination of such legal documents, we have assumed the genuineness of all signatures, the legal capacity of all signatories who are natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as copies, the authenticity of the originals of such documents and the due execution and delivery of all documents. Insofar as this opinion relates to factual matters, we have assumed with your permission and without independent investigation, that the statements of the Company contained in the Registration Statement (including any exhibits thereto) and such other documents, certificates, records, statements and representations as we have deemed necessary or appropriate as a basis for the opinions set forth below are true, correct and complete as to all factual matters stated therein. In addition, as to questions of fact material to this opinion, we have, when relevant facts were not independently established, relied upon certificates of, and information received from, the Company and/or representatives of the Company. We have made no independent investigation of the facts stated in such certificates or as to any information received from the Company and/or representatives of the Company and do not opine as to the accuracy of such factual matters. We also have relied as to certain matters on information obtained from public officials, officers of the Company, and other sources believed by us to be reliable. We also have assumed that the Registration Statement will remain effective pursuant to the Securities Act at the time of issuance of  the Shares and Rights, and the Company will have received the required consideration for the issuance of the Shares at or prior to the issuance thereof.
 

Our opinions below are qualified to the extent that they may be subject to or affected by (i) applicable bankruptcy, insolvency, reorganization, moratorium, receivership, conservatorship, arrangement, usury, fraudulent conveyance or similar laws affecting the rights of creditors generally, and (ii) by general equitable principles and public policy considerations, whether such principles and considerations are considered in a proceeding at law or at equity. Furthermore, we express no opinion as to the availability of any equitable or specific remedy, or as to the successful assertion of any equitable defense, upon any breach of any agreements or obligations referred to therein, or any other matters, inasmuch as the availability of such remedies or defenses may be subject to the discretion of a court. We express no opinion as to the enforceability of any indemnification provision, or as to the enforceability of any provision that may be deemed to constitute liquidated damages.
 
Based upon and subject to the foregoing and the other assumptions, limitations and exceptions set forth herein, we are of the opinion that:
 

1.
Subject to the resolution of the Board of Directors, the Rights have been authorized by all necessary corporate action of the Company and, when issued and delivered as contemplated in the Registration Statement, will be validly issued and binding obligations of the Company.
 

2.
Assuming the taking of all necessary corporate action to authorize and approve the issuance of the Shares, the terms of the offering thereof and related matters, and, when issued in accordance with the terms set forth in the applicable subscription documents, and as contemplated in the Registration Statement, such Shares will be validly authorized, validly issued, fully paid and nonassessable..
 
The opinion expressed herein is limited to Israeli law, and we do not express any opinion as to the laws of any other jurisdiction and expressly disclaim responsibility for advising you as to the effect, if any, that the laws of any other jurisdiction may have on the opinions set forth herein.
 
We consent to the filing of this opinion as an exhibit to the Registration Statement and to the references to us under the headings “Legal Matters” and “Enforceability of Civil Liabilities” in the Prospectus which is a part of the Registration Statement.  In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.
 
 
Very truly yours,
   
 
/s/Amit, Pollak, Matalon & Co.
 
Amit, Pollak, Matalon & Co.

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