Ceragon Networks Ltd. Files Form 6-K
Ticker: CRNT · Form: 6-K · Filed: Jul 23, 2024 · CIK: 1119769
| Field | Detail |
|---|---|
| Company | Ceragon Networks Ltd (CRNT) |
| Form Type | 6-K |
| Filed Date | Jul 23, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: filing, foreign-issuer, administrative
Related Tickers: CRNT
TL;DR
Ceragon Networks (CRNT) filed a 6-K, standard foreign issuer update. Nothing major.
AI Summary
On July 23, 2024, Ceragon Networks Ltd. filed a Form 6-K, reporting its status as a foreign private issuer. The company, previously known as Giganet Ltd. until July 19, 2000, is based in Rosh Ha'Ayin, Israel. This filing indicates they will file annual reports under Form 20-F.
Why It Matters
This filing is a routine disclosure for foreign private issuers, confirming their reporting status and providing basic company information to the SEC.
Risk Assessment
Risk Level: low — This is a routine administrative filing for a foreign private issuer and does not contain new financial or operational information.
Key Players & Entities
- Ceragon Networks Ltd. (company) — Filer of the Form 6-K
- Giganet Ltd. (company) — Former name of Ceragon Networks Ltd.
- July 19, 2000 (date) — Date of name change from Giganet Ltd. to Ceragon Networks Ltd.
- July 23, 2024 (date) — Filing date of the Form 6-K
- Rosh Ha'Ayin, Israel (location) — Principal executive offices location
FAQ
What is the purpose of a Form 6-K filing?
A Form 6-K is a report of foreign private issuers pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934, used to furnish information which the registrant may be required to disclose to any security holders or to file with or submit to any stock exchange on which the class of securities is listed.
What is Ceragon Networks Ltd.'s principal executive office address?
Ceragon Networks Ltd.'s principal executive offices are located at 3 Uri Ariav st., Rosh Ha’Ayin, Israel, 4810002.
Has Ceragon Networks Ltd. changed its name previously?
Yes, Ceragon Networks Ltd. was formerly known as Giganet Ltd. until July 19, 2000.
Which annual report form does Ceragon Networks Ltd. indicate it will file?
Ceragon Networks Ltd. indicates it will file annual reports under cover of Form 20-F.
What is the filing date of this Form 6-K?
This Form 6-K was filed on July 23, 2024.
Filing Stats: 1,434 words · 6 min read · ~5 pages · Grade level 17.7 · Accepted 2024-07-23 07:00:05
Filing Documents
- zk2431703.htm (6-K) — 22KB
- image00001.jpg (GRAPHIC) — 516KB
- 0001178913-24-002265.txt ( ) — 733KB
SIGNATURES
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, thereunto duly authorized. This Form 6-K, including all exhibits hereto, is hereby incorporated by reference into all effective registration statements filed by the registrant under the Securities Act of 1933. CERAGON NETWORKS LTD. Date: July 23, 2024 By: /s/ Ronen Stein Name: Ronen Stein Title: Chief Financial Officer 2 Ceragon's New Smart Activation Key Software Gains Significant Adoption, Enabling SaaS Models and Recurring Revenue Streams Tens of Thousands of Smart Activation Key Licenses Ordered in H1 as Part of Ceragon Equipment Purchases Rosh Ha'ain, Israel, July 23, 2024 – Ceragon (NASDAQ: CRNT), the leading solutions provider of end-to-end wireless connectivity, today announced a significant milestone in its transition toward a more durable, recurring revenue model. The shift from a hardware-centric business to one that integrates Software as a Service (SaaS) is well underway. This evolution is part of Ceragon's strategy to mitigate the traditional revenue fluctuations associated with cyclical hardware sales. A cornerstone of this strategy is the successful development and deployment of Ceragon's Smart Activation Key software. This innovative software simplifies the activation process for network radios and their various licensable features, allowing customers to activate and upgrade thousands of devices simultaneously, significantly enhancing operational efficiency and reducing costs. Moreover, this new software enables higher business flexibility, allowing customers to select from different pricing options, including term licenses and per-usage fees. Intelligent usage tracking features provide customers with detailed insights, facilitating data-driven decisions for network management and expansion. Ceragon's Smart Activation Key has already seen meaningful adoption, wi