secwatch.observer — SEC 8-K summary
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Issuer:     Odysight.ai Inc. (ODYS)
CIK:        0001577445
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0001493152-23-044320
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Odysight.ai elects two new independent directors; Inbal Kreiss reelected
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- Stockholders representing >50% of outstanding shares voted by written consent on Dec 6, 2023 to elect two new directors and reelect one.
- Jackson Schneider, former Embraer Defense & Security CEO, and Ronit Rubin, AllCloud EMEA President, elected as Class II independent directors.
- Inbal Kreiss reelected; all three directors are independent under Nasdaq rules and serve three-year terms.
- Compensation: Kreiss & Rubin receive quarterly fee of $4,000 plus $2,000 per committee; Schneider receives annual fee of $80,000.
- Board to recommend option grants: 30,000 shares to Rubin, 50,000 to Schneider, each at $3.00/share, vesting over three years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577445/000149315223044320/0001493152-23-044320-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577445/000149315223044320/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-044320

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