OBAS Optibase

Filed: 5 May 21, 11:00am

Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
Date of Report: May 5, 2021
Commission File No.: 000-29992
(Translation of registrant’s name into English)

8 Hamenofim Street
Herzliya 4672559, Israel
 (Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F  ☒  Form 40-F  ☐ 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____ 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____ 
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. 
Yes  ☐  No  ☒ 
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________   
Attached hereto and incorporated by way of reference herein is a press release issued by the Registrant and entitled “Optibase Ltd. announces the withdrawal of the appeal filed against the district court's decision to deny motion to approve a derivative claim”.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. 
(the “Registrant”)

By: /s/ Amir Philips
Amir Philips
Chief Executive Officer
Date: May 5, 2021

Media Contacts:
Amir Philips, CEO, Optibase Ltd.

Investor Relations Contact:
Marybeth Csaby, for Optibase
+1- 917-664-3055

Optibase Ltd. Announces the Withdrawal of the Appeal Filed Against the District Court's
Decision to Deny Motion to Approve a Derivative Claim

HERZLIYA, Israel, May 5, 2021 – Optibase Ltd. (NASDAQ: OBAS) (the “Company” or “Optibase”) announces that further to its report dated September 23, 2019, on May 3, 2021, the plaintiffs withdrew their appeal filed against the District Court's decision to deny a motion to approve a derivative claim, which withdrawal was approved by the Israeli Supreme Court.

About Optibase

Optibase invests in the fixed-income real estate field and currently holds interests in real estate properties in Switzerland, Texas, Philadelphia, PA, Miami, FL, and in Chicago, IL, USA and is currently looking for additional real estate investment opportunities. Optibase was previously engaged in the field of digital video technologies until the sale of its video solutions business to Optibase Technologies Ltd., a wholly owned subsidiary of VITEC Multimedia in July 2010. For further information, please visit