Tower Semiconductor Ltd. 2024 Financial Report: Q4 Insights & Compliance Update

Key Information Extracted from the Financial Report (Form 6-K)

1. Company Information:

• Name: Tower Semiconductor Ltd.
• Address: Ramat Gavriel Industrial Park, P.O. Box 619, Migdal Haemek, Israel 2310502.

2. Filing Details:

• Type of Filing: Form 6-K (Report of Foreign Private Issuer).
• Commission File Number: 0-24790.
• Filing Date: February 10, 2025.

3. Financial Reporting:

• Announcement Date: The registrant announced its fourth quarter and full year 2024 results on February 10, 2025.
• Attached Exhibit: The report includes a press release dated February 10, 2025, which is linked as Exhibit 99.1.

4. Reporting Requirements:

• The registrant indicated the option to file under Form 20-F or Form 40-F, with a checkmark indicating it does not file under Form 20-F and does not currently file under Form 40-F.

5. Signatory Information:

• Signed By: Nati Somekh, Corporate Secretary.
• Signature Date: February 10, 2025.

Insights:

• Timing of Financial Results: The announcement of the fourth quarter and full year results is crucial for stakeholders, indicating the company's performance and financial health.
• Foreign Private Issuer Status: As a foreign private issuer, Tower Semiconductor complies with specific reporting requirements, which may differ from those applicable to domestic companies in the U.S.
• Regulatory Compliance: The filing adheres to the Securities Exchange Act of 1934, reflecting the company's commitment to regulatory compliance.
• Potential for Future Filings: The indication of not currently filing under Form 20-F or Form 40-F might suggest future considerations for compliance or changes in reporting strategy.

This report primarily serves to inform investors and stakeholders about the company's recent financial performance and compliance with regulatory requirements.