Israeli technology company OpenWeb, which develops platforms for managing online communities and discussion on content sites and also operates in digital advertising, has filed an urgent request with the Tel Aviv District Court for the appointment of a temporary trustee, a stay of proceedings and an order barring the disposal of its assets, Calcalist has learned.
Founded in 2012 under the name Spot.IM, OpenWeb employs staff in Israel and abroad and operates subsidiaries around the world. The filing says the company is facing severe liquidity problems and a gap between revenue and expenses that has left it unable to meet its current payment obligations.
The application, filed through attorneys Maor Roth and Yaniv Dinovitz of Herzog Fox &…