Lifeward Ltd. Files Definitive Proxy Statement

Ticker: LFWD · Form: DEF 14A · Filed: Nov 25, 2024 · CIK: 1607962

Sentiment: neutral

Topics: proxy-statement, governance, sec-filing

TL;DR

Lifeward Ltd. (fka ReWalk) filed its proxy statement. Standard governance stuff.

AI Summary

Lifeward Ltd. (formerly ReWalk Robotics Ltd.) filed a Definitive Proxy Statement (DEF 14A) on November 25, 2024. This filing is a standard proxy statement related to the company's corporate governance and shareholder matters, not detailing specific financial transactions or operational changes.

Why It Matters

This filing provides shareholders with essential information regarding upcoming votes and company governance, allowing them to make informed decisions about their investment.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing, which is standard corporate disclosure and does not inherently present new risks.

Key Numbers

Key Players & Entities

FAQ

What is the purpose of a DEF 14A filing?

A DEF 14A filing, or Definitive Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors, executive compensation, and other proposals.

When was Lifeward Ltd. formerly known as ReWalk Robotics Ltd.?

Lifeward Ltd. was formerly known as ReWalk Robotics Ltd. after a name change on June 20, 2014.

What is Lifeward Ltd.'s primary business?

Lifeward Ltd. operates in the Orthopedic, Prosthetic & Surgical Appliances & Supplies industry, with the Standard Industrial Classification code 3842.

Where is Lifeward Ltd. headquartered?

Lifeward Ltd.'s business and mailing address is 200 DONALD LYNCH BLVD., MARLBOROUGH, MA 01752.

What is the SEC file number for Lifeward Ltd.'s DEF 14A filing?

The SEC file number for Lifeward Ltd.'s DEF 14A filing is 001-36612.

Filing Stats: 5,021 words · 20 min read · ~17 pages · Grade level 11.3 · Accepted 2024-11-25 08:00:03

Filing Documents

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 7 PROPOSAL 1 – APPROVAL OF AN AMENDMENT TO THE COMPANY'S SIXTH AMEDED AND RESTATED ARTICLES OF ASSOCIATION TO ELIMINATE THE PAR VALUE OF THE COMPANY'S ORDINARY SHARES 9 PROPOSAL 2 – APPROVAL OF THE COMPANY'S 2024 INCENTIVE COMPENSATION PLAN 10 PROPOSAL 3 – APPROVAL OF A GRANT OF EQUITY AWARDS TO LARRY JASINSKI, OUR CEO 17 OTHER BUSINESS 18 ADDITIONAL INFORMATION 18 APPENDIX A – 2024 INCENTIVE COMPENSATION PLAN A-1 200 Donald Lynch Blvd., Marlborough, MA 01752, U.S.A. Tel: +1 508.251.1154 PROXY STATEMENT This Proxy Statement is being furnished to the holders of ordinary shares, par value NIS 1.75 each, of Lifeward Ltd. ("we," the "Company", or "Lifeward") in connection with the solicitation of proxies by our Board of Directors (the "Board" or the "Board of Directors") for use at the Extraordinary General Meeting of Shareholders (the "Meeting") to be held at the Company's offices at 200 Donald Lynch Blvd., Marlborough, MA 01752, U.S.A., on Monday, December 30, 2024, at 10:00 a.m. (Eastern Standard Time) and at any adjournment or postponement thereof, pursuant to the accompanying Notice of Extraordinary General Meeting of Shareholders. We are first making available this Proxy Statement and accompanying materials to shareholders on or about November 25, 2024. The agenda of the Meeting will be as follows: 1. To amend the Company's Sixth Amended and Restated Articles of Association to eliminate the par value of the Company's ordinary shares. 2. To approve the Company's 2024 Incentive Compensation Plan. 3. To approve a grant to Larry Jasinski, the Company's Chief Executive Officer, of 14,286 restricted stock units ("RSUs") and 14,285 performance-based RSUs. 4. To act upon any other matters that may properly come before the Meeting or any adjournment or postponement thereof. Currently, we are not aware of any other matters that will come before the Meeting. If any other mat

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