Abiopharma

Shelfie-Tech Ltd., incorporated in Israel on November 18, 2021, develops advanced shelf inventory management solutions for the retail sector, focusing on large grocery stores and supermarkets. Its offices are located at Avital 13 and Yigal Alon St 94, Tel Aviv. The company has invested over US$1.9 million in R&D and raised approx. US$2.87 million in equity. As of the prospectus date, Shelfie holds US$1.52 million in cash and US$1.17 million in working capital, with a monthly burn rate of around US$50,000. Shelfie addresses a major retail pain point - out-of-stock products - which cost retailers over US$70 billion annually. NielsenIQ reports 7.4% of supermarket sales are lost to stockouts. Shelfie estimates 24% of Amazons revenue stems from customers who couldnt find products locally. Its business model is subscription-based: Shelfie retains ownership of units while customers pay monthly fees under multi-year contracts. Manufacturing is outsourced; local partners handle installation and training, while Shelfie provides ongoing service and support. Initial market entry is in Israel through an exclusive agreement with Buchwalter Presentation and Storage Ltd. International expansion to the U.S. and Europe will follow, leveraging pilot results to secure deals with major retailers. Shelfie operates with a five-person team, including CEO Ben Tsur Joseph and CFO Alan Rootenberg. As operations grow, the company will expand tech, marketing, and back-office functions.

Additional info from OTC:
Shelfie-Tech Ltd., incorporated in Israel on November 18, 2021, develops advanced shelf inventory management solutions for the retail sector, focusing on large grocery stores and supermarkets. Its offices are located at Avital 13 and Yigal Alon St 94, Tel Aviv. The company has invested over US$1.9 million in R&D and raised approx. US$2.87 million in equity. As of the prospectus date, Shelfie holds US$1.52 million in cash and US$1.17 million in working capital, with a monthly burn rate of around US$50,000. Shelfie addresses a major retail pain point - out-of-stock products - which cost retailers over US$70 billion annually. NielsenIQ reports 7.4% of supermarket sales are lost to stockouts. Shelfie estimates 24% of Amazons revenue stems from customers who couldnt find products locally. Its business model is subscription-based: Shelfie retains ownership of units while customers pay monthly fees under multi-year contracts. Manufacturing is outsourced; local partners handle installation and training, while Shelfie provides ongoing service and support. Initial market entry is in Israel through an exclusive agreement with Buchwalter Presentation and Storage Ltd. International expansion to the U.S. and Europe will follow, leveraging pilot results to secure deals with major retailers. Shelfie operates with a five-person team, including CEO Ben Tsur Joseph and CFO Alan Rootenberg. As operations grow, the company will expand tech, marketing, and back-office functions.