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Kornit Digital Ltd. Form 6-K: Key Management Changes and Board Updates

$KRNT
Form 6-K
Filed on: 2024-12-19
Source
Kornit Digital Ltd. Form 6-K: Key Management Changes and Board Updates

Here are the key insights extracted from the section of the financial report for Kornit Digital Ltd.:

  1. Report Type: This is a Form 6-K, which is a report of a foreign private issuer filed with the SEC.
  2. Filing Date: The report is dated December 19, 2024, and pertains to the month of December 2024.
  3. Company Information:
  • Name: Kornit Digital Ltd.
  • Address: 12 Ha’Amal Street, Park Afek, Rosh Ha’Ayin 4824096, Israel.
  • Commission File Number: 001-36903.
  1. Director Resignation:
  • Director: Yehoshua (Shuki) Nir has submitted his resignation from the Board of Directors effective January 1, 2025.
  • Reason for Resignation: His appointment as the new CEO of SolarEdge, which requires full attention, thus preventing him from serving on the Board.
  • No Dispute: The resignation was not due to any disagreements with the Company or the Board.
  1. Board Committee Changes:
  • Gabi Seligsohn will replace Mr. Nir on the compensation committee, alongside Stephen Nigro and Dov Ofer.
  • Dov Ofer will take over as chairman of the compensation committee.
  • Stephen Nigro will also replace Mr. Nir on the audit committee, ensuring three independent directors remain on that committee, in compliance with Nasdaq Listing Rules and Rule 10A-3 of the Securities Exchange Act of 1934.
  1. Incorporation by Reference: The contents of this Form 6-K report are incorporated by reference into the Company’s various Registration Statements on Form S-8.
  2. Signature: The report is signed by Lauri Hanover, Chief Financial Officer of Kornit Digital Ltd., confirming the accuracy of the information provided.

These insights highlight significant management changes and compliance with regulatory requirements, which are crucial for investors and stakeholders to understand the governance landscape of the company.