---
schema_version: "secwatch.filing_event.v1"
accession: "0001178913-23-002776"
form_type: "8-K"
ticker: "LFWD"
cik: "0001607962"
company_name: "Lifeward Ltd."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T22:20:26.907163+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ReWalk Robotics to acquire AlterG for ~$19M cash; expected close Aug 11, 2023

## Summary
- Cash purchase price of ~$19M subject to customary adjustments; earnouts based on AlterG's future revenue growth.
- AlterG generated $20M revenue in FY2022 with positive operating profit.
- AlterG CEO Charles Remsberg to join ReWalk as Chief Sales Officer post-closing.
- Transaction expected to close on August 11, 2023, subject to customary conditions.
- Combined company aims to expand rehabilitation product portfolio and accelerate path to profitability.

## SEC filing metadata
- accession: 0001178913-23-002776
- form_type: 8-K
- ticker: LFWD
- cik: 0001607962
- company_name: Lifeward Ltd.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1607962/000117891323002776/0001178913-23-002776-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1607962/000117891323002776/zk2330133.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001178913-23-002776
- JSON: https://secwatch.observer/filing/0001178913-23-002776.json
- Plain text: https://secwatch.observer/filing/0001178913-23-002776.txt

## Key facts
- Material Agreements
  Lifeward Ltd. entered into Agreement and Plan of Merger with AlterG, Inc. valued at approximately $19.0 million in cash (effective 2023-08-08).
  - Action: entry
  - Agreement: merger
  - Counterparty: AlterG, Inc.
  - Value: approximately $19.0 million in cash
  - Effective: 2023-08-08
  source text: On August 8, 2023, ReWalk Robotics, Inc. (“RRI”), a wholly owned subsidiary of ReWalk Robotics Ltd. (the “Company”), entered into an Agreement and Plan of Merger (the “Agreement”) with AlterG, Inc. (“AlterG”), Atlas Merger Sub, Inc., a wholly owned subsidiary of RRI (“Merger Sub”), and Shareholder Representative Services LLC, solely in its capacity as representative, agent and attorney-in-fact of the securityholders of AlterG, pursuant to which, Merger Sub will merge with and into AlterG, with AlterG continuing as the surviving corporation and a wholly owned subsidiary of RRI (the “Acquisition”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1607962/000117891323002776/0001178913-23-002776-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.