Innoviz Technologies Ltd. Annual Meeting Report: Strong Shareholder Support in 2024

$INVZ
Form 6-K
Filed on: 2024-12-17
Source
Innoviz Technologies Ltd. Annual Meeting Report: Strong Shareholder Support in 2024

Key Information Extracted from the Financial Report:

  1. Document Type and Details:
  • Type: Form 6-K
  • Filing Date: December 17, 2024
  • Commission File Number: 001-40310
  • Company Name: Innoviz Technologies Ltd.
  • Address: 5 Uri Ariav Street, Building C, Nitzba 300, Rosh HaAin, Israel.
  1. Shareholder Meeting:
  • Meeting Date: December 17, 2024
  • Outcome: All proposals presented at the annual general meeting of shareholders were approved by shareholders.
  • Shareholder Participation: Approximately 31.46% of the company’s ordinary shares were represented at the meeting, totaling 53,082,333 shares.
  1. Proxy Statement Reference:
  • The approval of proposals was in accordance with the Israeli Companies Law and company’s articles of association.
  • The Proxy Statement was attached as Exhibit 99.1 to a previous report filed on November 7, 2024.
  1. Registration Statements:
  • This report is incorporated by reference into the registrant's Registration Statements on Form F-3 and Form S-8.
  1. Signatory Details:
  • Name: Eldar Cegla
  • Title: Chief Financial Officer
  • Date Signed: December 17, 2024

Insights:

  • The approval of all proposals during the annual general meeting may indicate strong shareholder support and confidence in the company's direction.
  • The level of participation (over 31%) suggests that shareholders are actively engaged in corporate governance, which is positive for the company's reputation and investor relations.
  • The filing of this report under Form 6-K highlights compliance with the SEC regulations, which is essential for maintaining transparency with investors.

This report provides a snapshot of the company's governance activities and shareholder engagement, which are critical factors for potential investors and analysts assessing the company's performance and strategic direction.