Polyrizon Ltd. has signed a non-binding Memorandum of Understanding with Arrow Aviation Ltd., a global private aviation company, to acquire a 51% stake in Arrow Aviation for approximately $5.8 million (NIS 18,000,000). The proposed deal includes ancillary arrangements such as the transfer of a Hawker 800 aircraft, valued at $3.5 million, to Arrow Aviation in exchange for a convertible note issued by Polyrizon. Existing Arrow Aviation shareholders will forgive outstanding shareholder debts in return for additional convertible notes from Polyrizon, allowing Arrow Aviation to be debt-free after the transaction closes. The agreement also outlines mutual options for the remaining 49% of Arrow Aviation’s shares, exercisable after two years based on financial performance metrics, potentially allowing Polyrizon to acquire full ownership. Arrow Aviation reported approximately $19 million in annual unaudited revenues and about $3 million in adjusted EBITDA. Completion of the transaction remains subject to due diligence and customary closing conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Polyrizon Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9651908-en) on February 10, 2026, and is solely responsible for the information contained therein.