secwatch.observer — SEC 8-K summary
======================================

Issuer:     Innovid Corp. (—)
CIK:        0001835378
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001140361-25-004373
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 5.01, 3.01, 3.03, 5.03, 1.01, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innovid completes acquisition by Mediaocean for $3.15/share; stock delisted from NYSE
--------------------------------------------------------------------------------

- Each share of Common Stock converted to right to receive $3.15 in cash; warrants adjusted to allow exercise at reduced price ($3.04-$3.05) for 30 days.
- Company notified NYSE to delist Common Stock (CTV) and Warrants (CTVWS); trading suspended prior to open on Feb 13, 2025.
- Board of directors resigned at Effective Time; Bill Wise appointed sole director; CEO Zvika Netter became CEO of combined entity reporting to Wise.
- CFO Anthony Callini entered Transition Agreement; employment ends Aug 14, 2025; eligible for severance including $187,500 lump sum plus pro-rated bonus.
- Mediaocean combines Innovid and Flashtalking to create independent omnichannel ad tech platform; Zvika Netter leads combined organization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835378/000114036125004373/0001140361-25-004373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835378/000114036125004373/ef20043552_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-004373

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer