Item 3.03. Material Modification to Rights of Security Holders.

As previously announced, on May 11, 2021, UAS Drone Corp. (the "Company") issued warrants (the "Warrants") to purchase up to 12,500,000 shares of the Company's common stock to eight (8) non-U.S. investors (the "Investors"). The Warrants were exercisable immediately, have a term of 18 months and have an exercise price of $0.40 per share. On April 5, 2022, the Company and the Investors executed an extension agreement (the "Extension"), such that the term of the Warrants was extended so that they now expire on November 11, 2023.

The forgoing description of the Extension is qualified by reference to the full text of this document, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits



Exhibit No.    Exhibit Description
10.1            Warrant Extension Agreement, dated April 5, 2022, between UAS Drone
              Corp. and the investors signatory thereto.
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document)




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