Form 8-K - Current report
30 Juli 2024 - 11:26PM
Edgar (US Regulatory)
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2024-07-30
2024-07-30
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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): July
30, 2024
Actelis Networks,
Inc.
(Exact name of registrant as specified in its charter)
Delaware |
|
001-41375 |
|
52-2160309 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification Number) |
4039 Clipper Court, Fremont, CA 94538
(Address of principal executive offices)
(510) 545-1045
(Registrant’s telephone number, including area
code)
(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
(see General Instructions A.2. below):
☐ |
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 |
Common Stock, $0.0001 par value per share |
|
ASNS |
|
Nasdaq Capital Market |
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 ☒
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 5.07 SUBMISSION OF A MATTER TO A VOTE OF SECURITY HOLDERS.
On July 30, 2024, Actelis Networks,
Inc. (the “Company”) held its 2024 Annual Meeting of Stockholders (the “Annual Meeting”). The record date for
stockholders entitled to notice of, and to vote at, the Annual Meeting was June 13, 2024 (the “Record Date”). As of the Record
Date, there were 5,008,992 shares of common stock, par value $0.0001 per share (“Common Stock”) of the Company outstanding.
Each share of the Company’s Common Stock represents one vote that could be voted on each matter that came before the Annual Meeting.
At the Annual Meeting, 2,012,013
shares of Common Stock were represented and voted, in person or by proxy, constituting a quorum for the Annual Meeting (the 2,012,013
votes represented equaled approximately 40.16% of the outstanding possible votes).
At the Annual Meeting, four proposals
were submitted to the Company’s stockholders. The proposals are described in more detail in the Company’s definitive proxy
statement filed with the U.S. Securities and Exchange Commission on June 25, 2024 (the "Proxy Statement"). The final voting
results were as follows:
Proposal
1
The Company’s stockholders
elected the following Class II Director to serve for a term of three years until the 2027 Annual Meeting of Stockholders.
|
|
Votes For |
|
Votes Against |
|
Votes Abstained |
|
Broker Non-Votes |
Joseph Moscovitz |
|
908,223 |
|
- |
|
43,123 |
|
1,060,327 |
Proposal
2
To ratify the appointment of
Kesselman & Kesselman, Certified Public Accountants (Isr.), a member firm of PricewaterhouseCoopers International Limited, as the
Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.
Votes For |
|
Votes Against |
|
Votes Abstained |
|
Broker Non-Votes |
1,997,107 |
|
12,235 |
|
2,331 |
|
- |
Proposal
3
To authorize for purposes of complying with NASDAQ
listing rule 5635(D) the ability to issue shares of the Company’s common stock upon the exercise of our Common Stock warrants issued
pursuant to the terms of a private placement financing transaction set forth in the Securities Purchase Agreement, dated December 17,
2023.
Votes For |
|
Votes Against |
|
Votes Abstained |
|
Broker Non-Votes |
838,277 |
|
112,241 |
|
828 |
|
1,060,327 |
Proposal
4
The proposal to approve an adjournment of the Annual Meeting, if necessary,
to solicit additional proxies if there are not sufficient votes in favor of Proposals 1, 2 and/or 3 was withdrawn because the Company’s
stockholders approved and adopted the Proposals 1, 2, and 3, as noted above.
SIGNATURES
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.
|
ACTELIS NETWORKS, INC. |
|
|
Dated: July 30, 2024 |
By: |
/s/ Yoav Efron |
|
Name: |
Yoav Efron |
|
Title: |
Chief Financial Officer |
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