Aryt's controlling shareholder, Levy, has sold a stake worth 108 million dollars to a mix of Israeli and foreign investors, including Phoenix and Mor, who increased their holdings. The transaction was completed at an 8 percent discount to the stock's closing price. Aryt's shares have experienced a dramatic surge, rising nearly 3,000 percent since the war in Israel began last October, and about 425 percent over the past year. The company recently faced resistance from investors over plans to list its subsidiary, Reshef Technologies, a proposal that was dropped after institutional shareholders voiced concerns.
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