Kaltura Confirms Nasdaq Listing for Common Stock & Preferred Rights

TL;DR

**Kaltura's stock and rights are still listed on Nasdaq, business as usual.**

AI Summary

Kaltura Inc. filed an 8-K on January 16, 2024, reporting an event on January 14, 2024, related to its Common Stock, par value $0.0001 per share, and Preferred Stock Purchase Rights. The filing indicates that these securities are registered on The Nasdaq Stock Market LLC under the trading symbol KLTR. This matters to investors because it confirms the continued listing and registration of Kaltura's primary securities, providing transparency and liquidity for shareholders.

Why It Matters

This filing confirms the registration and listing of Kaltura's common stock and preferred stock purchase rights on Nasdaq, which is crucial for maintaining investor confidence and market liquidity.

Risk Assessment

Risk Level: low — This filing is routine and confirms existing security registrations, posing no new risks to investors.

Analyst Insight

Investors should note this filing confirms the ongoing listing of KLTR on Nasdaq, which is a standard operational update. No immediate action is suggested based solely on this routine filing.

Key Numbers

• $0.0001 — Common Stock Par Value (The par value per share of Kaltura's common stock.)

Key Players & Entities

• Kaltura Inc. (company) — the registrant filing the 8-K
• $0.0001 (dollar_amount) — par value per share of common stock
• January 14, 2024 (date) — date of the earliest event reported
• KLTR (company) — trading symbol for Kaltura's common stock
• The Nasdaq Stock Market LLC (company) — exchange where Kaltura's securities are registered

Forward-Looking Statements

• Kaltura Inc. will continue to be listed on The Nasdaq Stock Market LLC. (Kaltura Inc.) — high confidence, target: 2025-01-14

FAQ

Key Financial Figures

• $0.0001 — ich registered Common stock, par value $0.0001 per share KLTR The Nasdaq Stock Mar
• $470,000 — r provides for an annual base salary of $470,000, which is subject to increase from time
• $176,250 — itional annual "stretch" bonus of up to $176,250, which will be paid in cash upon achiev
• $2,060,000 — stock units with an aggregate value of $2,060,000 (the " Sign-On RSUs "), which will vest

Filing Documents

• zk2430781.htm (8-K) — 48KB
• exhibit_10-1.htm (EX-10.1) — 171KB
• exhibit_10-2.htm (EX-10.2) — 53KB
• image00001.jpg (GRAPHIC) — 4KB
• sign2.jpg (GRAPHIC) — 12KB
• sign3.jpg (GRAPHIC) — 10KB
• sign.jpg (GRAPHIC) — 10KB
• 0001178913-24-000157.txt ( ) — 548KB
• kltr-20240114.xsd (EX-101.SCH) — 4KB
• kltr-20240114_def.xml (EX-101.DEF) — 18KB
• kltr-20240114_lab.xml (EX-101.LAB) — 27KB
• kltr-20240114_pre.xml (EX-101.PRE) — 20KB
• zk2430781_htm.xml (XML) — 6KB

02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Chief Financial Officer Transition On January 14, 2024, Yaron Garmazi, Chief Financial Officer of Kaltura, Inc. (the " Company "), notified the Company of his intention to resign from this position, effective February 29, 2024. On January 15, 2024, the Board of Directors (the " Board ") of the Company appointed John Doherty as Chief Financial Officer of the Company, effective March 1, 2024 (the " Appointment Date "). In connection with his appointment, Mr. Doherty has been designated as the Company's principal financial officer and principal accounting officer, in each case effective as of the Appointment Date. Mr. Doherty, age 59, most recently served as Chief Financial Officer and Chief Operating Officer for Magic Leap, Inc. Prior to joining Magic Leap in 2020, Mr. Doherty served as Chief Financial Officer of InterXion Holding N.V., a data center services provider, from 2018 to 2020. In addition, Mr. Doherty held a variety of financial roles at Verizon Communications Inc., most recently serving as Senior Vice President of Corporate Development and President and Chief Investment Officer of Verizon Ventures from 2013 to 2018. Mr. Doherty holds a degree in economics from Stonybrook University and has attended the MBA program at Baruch College as well as Wharton's Executive Education program. Doherty Offer Letter In connection with his appointment, the Company and Mr. Doherty entered into an offer letter, dated January 15, 2024 (the " Offer Letter "), pursuant to which Mr. Doherty will commence employment with the Company on February 1, 2024 (" Effective Date ") and will assume the role of Chief Financial Officer on the Appointment Date. The Offer Letter provides for an annual base salary of $470,000, which is subject to increase from time to time as approved by the Board or such other party whose approval

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 10.1 Offer Letter for John Doherty, dated January 15, 2024. 10.2 Letter of Agreement with Yaron Garmazi, dated January 14, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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 hereunto duly authorized. KALTURA, INC. Date: January 16, 2024 By: /s/ Zvi Maayan Name: Zvi Maayan Title: General Counsel and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR