UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~April~~June 1013, 2022

Endurance Acquisition Corp.

(Exact name of registrant as specified in its charter)

Cayman Islands

001-40810

98-1599901

(State or other jurisdiction of

incorporation or organization)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

630 Fifth Avenue, 20th Floor

New York, NY 10111

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (646) 585-8975

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

x	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered

Units, each consisting of one Class A ordinary share and one-half of one redeemable Warrant	EDNCU	The Nasdaq Stock Market LLC

Class A ordinary shares, par value $0.0001 per share	EDNC	The Nasdaq Stock Market LLC

Warrants, each exercisable for one Class A ordinary share at an exercise price of $11.50 per share	EDNCW	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 81.01 ~~Other~~Entry ~~Events~~into a Material Definitive Agreement.

OnAmendment ~~March 8, 2022, Endurance Acquisition Corp~~No. ~~(“Endurance”)~~ ~~announced a proposed business combination with SatixFy Communications Ltd. (“SatixFy”). On April 10, 2022, SatixFy issued a press release, a copy of which is attached hereto as Exhibit 99.~~1 ~~and~~to ~~incorporated~~the byBusiness ~~reference~~Combination ~~herein.~~Agreement

~~Important~~On ~~Information~~June ~~About~~13, 2022, Endurance Acquisition Corp., a Cayman Islands exempted company (“Endurance”), entered into Amendment No. 1 (the ~~Proposed~~“BCA ~~Transaction~~Amendment”) to the previously disclosed Business Combination Agreement (as it may be amended, supplemented or otherwise modified from time to time, the “Business Combination Agreement”), dated March 8, 2022, by and ~~Where~~among Endurance, SatixFy Communications Ltd., a limited liability company organized under the laws of the State of Israel (“SatixFy”), and SatixFy MS, a Cayman Islands exempted company and a direct, wholly owned subsidiary of SatixFy (“Merger Sub”). Pursuant to the Business Combination Agreement, at the Effective Time, Merger ~~Find~~Sub Itwill merge with and into Endurance (the “Business Combination”), with Endurance surviving the Business Combination as a wholly owned subsidiary of SatixFy, as further described in the Current Report on Form 8-K filed by Endurance with the Securities and Exchange Commission (the “SEC”) on March 8, 2022 and attached thereto as Exhibit 2.1. Capitalized terms used herein but not defined shall have the meanings assigned to them in the Business Combination Agreement.

~~The~~Pursuant ~~proposed~~to ~~business~~the ~~combination~~BCA ~~will~~Amendment, beEndurance, ~~submitted~~SatixFy toand ~~shareholders~~Merger ofSub ~~Endurance~~have ~~for~~agreed ~~their consideration. SatixFy intends~~ to ~~file a joint proxy statement/registration statement on Form F-4~~ (~~the “Registration Statement”~~1) ~~with~~change the ~~Securities~~earliest ~~and~~date ~~Exchange~~upon ~~Commission~~which (the ~~“SEC”)~~VWAP ~~which~~measurements ~~will include~~may ~~preliminary and definitive proxy statements to~~ be ~~distributed~~taken tofor ~~Endurance’s~~determining ~~shareholders~~the investing ~~connection with Endurance’s~~of ~~solicitation for proxies for~~ the ~~vote~~Price byAdjustment ~~Endurance’s~~Shares ~~shareholders~~from in150 ~~connection~~days ~~with~~after the ~~proposed~~Closing ~~business~~to ~~combination~~30 ~~and~~days ~~other matters~~after ~~as described in~~ the ~~Registration~~date ~~Statement,~~on aswhich ~~well as~~ the ~~prospectus~~resale ~~relating~~registration tostatement covering the ~~offer of the~~ securities ~~to be~~ issued to ~~SatixFy’s~~ ~~shareholders in connection with~~ the ~~completion~~Subscribers of the ~~proposed~~PIPE ~~business~~Financing ~~combination.~~is ~~After the Registration Statement has been filed and~~ declared effective, ~~Endurance will mail a definitive proxy statement~~ and ~~other~~(2) ~~relevant~~allow ~~documents to its shareholders as of the record date established~~ for ~~voting~~up ~~on the proposed business combination. Endurance’s shareholders and other interested persons are advised~~ to ~~read~~$200,000 ~~once available, the preliminary proxy statement / prospectus and any amendments thereto and, once available, the definitive proxy statement / prospectus, in connection with Endurance’s solicitation~~ of ~~proxies~~SPAC ~~for its extraordinary general~~Working ~~meeting~~Capital ofLoans ~~shareholders~~ to be ~~held~~converted tointo ~~approve,~~warrants among other things, the proposed business combination, because these documents will contain important information about Endurance, SatixFy and the proposed business combination. Shareholders may also obtain a copy of the preliminary or ~~definitive proxy statement, once available, as well as~~ other ~~documents filed with the SEC regarding the proposed business combination and other documents filed with the SEC by Endurance, without charge, at the SEC’s website located at www~~securities.~~sec.gov or by directing a request to Endurance Acquisition Corp., 630 Fifth Avenue, 20th Floor, New York, NY 10111.~~

~~INVESTMENT~~The INforegoing ~~ANY~~description ~~SECURITIES~~of ~~DESCRIBED~~the ~~HEREIN~~BCA Amendment ~~HAS~~does ~~NOT~~not ~~BEEN~~purport ~~APPROVED~~to ORbe ~~DISAPPROVED~~complete BYand ~~THE~~is ~~SEC~~qualified ORin ~~ANY~~its ~~OTHER~~entirety ~~REGULATORY~~by ~~AUTHORITY~~the ~~NOR~~full ~~HAS~~text ~~ANY~~of ~~AUTHORITY~~the ~~PASSED~~BCA ~~UPON~~Amendment, ORwhich ~~ENDORSED~~is ~~THE~~attached ~~MERITS OF~~hereto ~~THE~~as ~~PROPOSED TRANSACTION PURSUANT TO WHICH ANY SECURITIES ARE TO BE OFFERED OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED~~Exhibit ~~HEREIN~~2.1 ~~ANY~~and ~~REPRESENTATION~~is TOincorporated ~~THE~~herein ~~CONTRARY~~by ~~IS A CRIMINAL OFFENSE~~reference.

~~Forward-Looking~~Amendment ~~Statements~~No. 1 to the Sponsor Letter Agreement

~~This Current~~Concurrently ~~Report~~with ~~on Form 8-K includes “forward-looking statements” within~~ the ~~meaning~~execution of the ~~“safe harbor” provisions~~Business ofCombination ~~the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate~~Agreement,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements are based on various assumptions, whether or not identified in this Current Report on Form 8-K, and on the current expectations of SatixFy’s and Endurance~~’s management~~ ~~and~~Antarctica ~~are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as~~Partners, ~~and must not be relied on by any investor as~~LLC, a ~~guarantee,~~Cayman anIslands ~~assurance,~~limited aliability prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of SatixFy and Endurance. These forward-looking statements are subject to a number of risks and uncertainties, including the occurrence of any event, change or other circumstances that could give rise to the termination of the proposed business combination; the outcome of any legal proceedings that may be instituted against SatixFy or Endurance, the combined company ~~or others following~~ (the ~~announcement~~“Sponsor”) ~~of the proposed business combination; the inability to complete the proposed~~entered ~~business~~into combination due to the failure to obtain approval of the shareholders of SatixFy or Endurance or to satisfy other conditions to closing; changes to the proposed structure of the proposed business combination that may be required or appropriate as a ~~result~~letter ~~of applicable~~agreement ~~laws or regulations or as a condition to obtaining regulatory approval of~~ (the ~~proposed~~“Sponsor ~~business~~Letter ~~combination;~~Agreement”) the ability to meet stock exchange listing standards following the consummation of the proposed business combination; the risk that the proposed business combination disrupts current plans and operations of SatixFy as a result of the announcement and consummation of the proposed business combination; the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and retain its management and key employees and the execution of the CEO transition plan; costs related to the proposed business combination; changes in ~~applicable~~favor ~~laws or regulations; SatixFy’s estimates~~ of expenses and profitability and underlying assumptions with respect to shareholder redemptions and purchase price and other adjustments; any downturn or volatility in economic conditions; the effects of COVID-19 or other epidemics; changes in the competitive environment affecting SatixFy ~~or its customers, including SatixFy’s inability to introduce new products or technologies; the impact of pricing pressure~~ and erosion; supply chain risks; risks to SatixFy’s ability to protect its intellectual property and avoid infringement by others, or claims of infringement against SatixFy; the possibility that SatixFy or Endurance ~~may be adversely affected by other economic~~, ~~business~~as ~~and/or~~further ~~competitive~~described ~~factors; SatixFy's~~in ~~estimates of its financial performance; risks related to~~ the ~~fact that SatixFy is incorporated in Israel and governed by Israeli~~Current ~~law; and those factors discussed in Endurance’s final prospectus dated September 14, 2021 and Annual~~ Report on Form 108-K ~~for~~filed ~~the fiscal~~by ~~year ended December 31, 2021, in each case, under the heading “Risk Factors,” and other documents of~~ Endurance ~~filed, or to be filed,~~ with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither SatixFy nor Endurance presently know or that SatixFy and Endurance currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect SatixFy’s and Endurance’s expectations, plans or forecasts of future events and views as of the date of this Current Report on ~~Form~~March 8~~-K. SatixFy and Endurance anticipate that subsequent events and developments will cause SatixFy’s and Endurance’s assessments to change. However~~, ~~while~~2022 ~~SatixFy~~ and ~~Endurance~~ ~~may~~attached ~~elect~~thereto ~~to update these forward-looking statements at some point in the future, SatixFy and Endurance specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon~~ as ~~representing~~Exhibit ~~SatixFy’s and Endurance’s assessments as of any date subsequent to the date of this Current Report on Form 8-K~~10. ~~Accordingly, undue reliance should not be placed upon the forward-looking statements~~2.

On June 13, 2022, the Sponsor, Endurance, and SatixFy entered into Amendment No. ~~Offer~~1 (the “Sponsor Letter Amendment”) to the Sponsor Letter Agreement, which amended the Sponsor Letter Agreement to allow for up to $200,000 of SPAC Working Capital Loans to be converted into warrants or ~~Solicitation~~other securities (derivative or otherwise).

~~This~~The ~~Current~~foregoing ~~Report~~description onof ~~Form 8-K~~the ~~does~~Sponsor ~~not~~Letter ~~constitute~~Amendment andoes ~~offer~~not purport to ~~sell~~be orcomplete ~~the~~and ~~solicitation~~is ofqualified anin ~~offer~~its toentirety ~~buy~~by ~~any~~the ~~securities,~~full ortext ~~a solicitation~~ of ~~any~~the ~~vote~~Sponsor orLetter ~~approval~~Amendment, ~~nor shall there be any sale of securities in any jurisdiction in~~ which ~~such offer, solicitation or sale would be unlawful prior to registration~~is orattached ~~qualification~~hereto ~~under~~as ~~the~~Exhibit ~~securities~~10.1 ~~laws~~and ofis ~~any~~incorporated ~~such~~herein ~~jurisdiction~~by reference.

~~Participants~~Important inInformation ~~Solicitation~~About the Proposed Transaction and Where to Find It

~~Endurance,~~The proposed ~~SatixFy~~business ~~and~~combination ~~certain~~will be submitted to shareholders of Endurance for their ~~respective directors,~~consideration. ~~executive~~SatixFy ~~officers~~intends ~~and~~to ~~other~~file ~~members~~a ofregistration statement ~~management~~on ~~and~~Form ~~employees~~F-4 ~~may,~~(the ~~under~~“Registration Statement”) with the SEC ~~rules,~~which bewill ~~deemed~~include preliminary and definitive proxy statements to be ~~participants~~distributed to Endurance’s shareholders in ~~the solicitations~~connection ofwith Endurance’s solicitation for proxies ~~from~~for the vote by Endurance’s shareholders in connection with the proposed business combination. ~~Information~~and ~~regarding the~~other ~~persons~~matters ~~who~~as ~~may,~~described ~~under~~in ~~SEC~~the ~~rules~~Registration Statement, beas ~~deemed~~well as ~~participants~~the inprospectus relating to the ~~solicitation~~offer of ~~Endurance~~the securities to be issued to SatixFy’s shareholders in connection with the completion of the proposed business combination. ~~will~~After bethe ~~set~~Registration ~~forth~~Statement inhas been filed and declared effective, Endurance’s will mail a definitive proxy statement /and ~~prospectus~~other ~~when~~relevant itdocuments isto ~~filed~~its ~~with~~shareholders as of the ~~SEC.~~record ~~You can~~date ~~find~~established ~~more~~for ~~information~~voting ~~about~~on the proposed business combination. Endurance’s ~~directors~~shareholders and ~~executive~~other ~~officers~~interested inpersons ~~Endurance’s~~are ~~final~~advised ~~prospectus~~to ~~dated~~read, ~~September 14~~once available, ~~2021~~the preliminary proxy statement / prospectus and ~~Annual~~any ~~Report~~amendments onthereto ~~Form~~and, ~~10-K~~once ~~for~~available, the ~~fiscal~~definitive ~~year~~proxy ~~ended~~statement ~~December~~/ 31prospectus, ~~2021.~~in ~~Additional~~connection ~~information~~with ~~regarding~~Endurance’s solicitation of proxies for its special meeting of shareholders to be held to approve, among other things, the ~~participants~~proposed business combination, inbecause ~~the~~these ~~proxy~~documents ~~solicitation~~will ~~and~~contain aimportant ~~description~~information ofabout ~~their~~Endurance, ~~direct~~SatixFy and ~~indirect~~the ~~interests~~proposed ~~will~~business becombination. ~~included~~Shareholders may inalso obtain a copy of the ~~proxy~~preliminary ~~statement~~or /definitive ~~prospectus when~~proxy itstatement, ~~becomes~~once available~~. Shareholders~~, ~~potential~~as ~~investors~~well ~~and~~as other ~~interested~~documents ~~persons~~filed ~~should~~with ~~read~~the SEC regarding the ~~proxy~~proposed ~~statement~~business /combination ~~prospectus carefully~~and ~~when~~other itdocuments ~~becomes~~filed ~~available~~with ~~before~~the ~~making~~SEC ~~any~~by ~~voting~~Endurance, orwithout ~~investment~~charge, ~~decisions~~at the SEC's website located at www.sec.gov ~~You~~or ~~may~~by ~~obtain~~directing ~~free~~a ~~copies~~request ofto ~~these~~Endurance ~~documents~~Acquisition ~~from the~~Corp., ~~sources~~630 ~~indicated~~Fifth ~~above~~Avenue, 20th Floor, New York, NY 10111.

INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

Forward-Looking Statements

This Current Report on Form 8-K includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements are based on various assumptions, whether or not identified in this Current Report on Form 8-K, and on the current expectations of SatixFy’s and Endurance’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of SatixFy and Endurance. These forward-looking statements are subject to a number of risks and uncertainties, including the occurrence of any event, change or other circumstances that could give rise to the termination of the proposed business combination; the outcome of any legal proceedings that may be instituted against SatixFy or Endurance, the combined company or others following the announcement of the proposed business combination; the inability to complete the proposed business combination due to the failure to obtain approval of the shareholders of SatixFy or Endurance or to satisfy other conditions to closing; changes to the proposed structure of the proposed business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed business combination; the ability to meet stock exchange listing standards following the consummation of the proposed business combination; the risk that the proposed business combination disrupts current plans and operations of SatixFy as a result of the announcement and consummation of the proposed business combination; the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition and the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and retain its management and key employees; costs related to the proposed business combination; changes in applicable laws or regulations; SatixFy’s estimates of expenses and profitability and underlying assumptions with respect to shareholder redemptions and purchase price and other adjustments; any downturn or volatility in economic conditions; the effects of COVID-19 or other epidemics; changes in the competitive environment affecting SatixFy or its customers, including SatixFy’s inability to introduce new products or technologies; the impact of pricing pressure and erosion; supply chain risks; risks to SatixFy’s ability to protect its intellectual property and avoid infringement by others, or claims of infringement against SatixFy; the possibility that SatixFy or Endurance may be adversely affected by other economic, business and/or competitive factors; SatixFy's estimates of its financial performance; risks related to the fact that SatixFy is incorporated in Israel and governed by Israeli law; and those factors discussed in Endurance’s final prospectus dated September 14, 2021 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, in each case, under the heading “Risk Factors,” and other documents of Endurance filed, or to be filed, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither SatixFy nor Endurance presently know or that SatixFy and Endurance currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect SatixFy’s and Endurance’s expectations, plans or forecasts of future events and views as of the date of this Current Report on Form 8-K. SatixFy and Endurance anticipate that subsequent events and developments will cause SatixFy’s and Endurance’s assessments to change. However, while SatixFy and Endurance may elect to update these forward-looking statements at some point in the future, SatixFy and Endurance specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing SatixFy’s and Endurance’s assessments as of any date subsequent to the date of this Current Report on Form 8-K. Accordingly, undue reliance should not be placed upon the forward-looking statements.

No Offer or Solicitation

This Current Report on Form 8-K does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Participants in Solicitation

Endurance, SatixFy and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitations of proxies from Endurance’s shareholders in connection with the proposed business combination. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of Endurance’s shareholders in connection with the proposed business combination will be set forth in Endurance’s proxy statement / prospectus when it is filed with the SEC. You can find more information about Endurance’s directors and executive officers in Endurance’s final prospectus filed with the SEC on September 14, 2021. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the proxy statement / prospectus when it becomes available. Shareholders, potential investors and other interested persons should read the proxy statement / prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

Exhibit		Description
99.1		Press Release dated April 10, 2022.
2.1		Amendment No. 1 to the Business Combination Agreement, dated June 13, 2022, by and among Endurance Acquisition Corp., SatixFy MS and SatixFy Communications Ltd.
10.1		Amendment No. 1 to the Sponsor Letter Agreement, dated as of June 13, 2022, by and among Endurance Antarctica Partners, LLC, Endurance Acquisition Corp. and SatixFy Communications Ltd.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

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 hereunto duly authorized.

	Endurance Acquisition Corp.

	By:	/s/ Richard C. Davis
		Richard C. Davis
		Chief Executive Officer

Dated: ~~April 11~~June 13, 2022

Filing Compare · Endurance Acquisition Corp.