Exhibit 99.4
G- Medical Innovations Holdings LTD
October 6th, 2022
Management of the board of Directors
Dear Sir,
As the CEO and controlling shareholder of G-Medical innovations Holdings LTD, I hereby approve my commitment to finance the Company's operations for 12 months from this letter [ Ends of October 15th 2023 ] provided and as long as, I am a controlling shareholder and / or the company cannot be finance externally from any other sources and/ or until a sum of $ 10 million be received in the Company for its operations this year, whichever is earlier.
In exchange, for providing the required security, I will be entitled to an allotment of 2.5 m shares and 2.5 m options (cashless) at the exercise price on the day of giving the security - effecting immediately.
Very truly yours, | |
/s/ Dr. Yacov Geva | |
Dr. Yacov Geva |