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8-K//Current report

Lifeward Ltd. 8-K

Accession 0001178913-26-000081

$LFWDCIK 0001607962operating

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 4:16 PM ET

Size

184.9 KB

Accession

0001178913-26-000081

Research Summary

AI-generated summary of this filing

Updated

Lifeward Ltd. Approves Reverse Split Authorization at EGM

What Happened
Lifeward Ltd. announced results of its Extraordinary General Meeting held January 6, 2026. Shareholders approved three proposals: (1) authorize the Board to decide whether to effect a reverse share split of outstanding ordinary shares at a ratio between 1-for-2 and 1-for-12 and to amend the articles to reflect any split; (2) if a reverse split is effected, approve an increase in the company’s authorized share capital; and (3) eliminate the par value of the company’s ordinary shares. The record date for the meeting was November 26, 2025; 7,620,593 shares (≈41.7% of 18,293,776 outstanding) were present or voted, constituting a quorum. (See Definitive Proxy on Schedule 14A filed December 1, 2025.)

Key Details

  • Meeting date: January 6, 2026; record date: November 26, 2025.
  • Shares present/voted: 7,620,593 (≈41.7% of 18,293,776 outstanding).
  • Proposal 1 (authorize reverse split 1-for-2 to 1-for-12): For 5,473,874; Against 2,084,129; Abstain 62,589. (~71.8% For of shares voting).
  • Proposal 2 (authorize increase in authorized share capital, contingent on split): For 5,343,641; Against 2,149,990; Abstain 126,960. (~70.1% For).
  • Proposal 3 (eliminate par value): For 5,037,563; Against 1,506,673; Abstain 1,076,355. (~66.1% For; notable abstentions).

Why It Matters
The votes authorize Lifeward’s Board to decide whether to implement a reverse share split (including the split ratio and timing) and to make related charter changes. If the Board implements a reverse split, the number of outstanding shares would be reduced and the per-share price would increase proportionally; the Board has not yet decided to implement it. Approval to increase authorized share capital and eliminate par value are charter-level changes that enable future corporate actions (such as issuance of additional shares) and update share structure mechanics. Investors should note these approvals are authorizations only — any actual reverse split or share issuances would be announced separately.