AIOT Powerfleet, Inc.

CIK 0001774170 50 ready 8-Ks latest August 11, 2026, 4:52 PM ET RSS · JSON

Activity: NORMAL 2 filings / 30d vs 1 baseline Risk accumulating: repeated leadership change (3)

Ready 8-Ks 50

Latest filing August 11, 2026, 4:52 PM ET

Top materiality 1.00

Event mix earnings ×15 · other_material ×11 · m_and_a ×8

Sentiment 24 pos · 5 neg · 21 neu

Latest earnings reported 2026-Q3

Executive change recent →

SHENANIGAN SCORE 1 / 7 see the board

Recent 8-K filings for AIOT

Highest-materiality recent filing

Powerfleet closes MiX Telematics acquisition; pro forma revenue $284M, $215M SaaS recurring

April 2, 2024, 7:59 PM ET M&A materiality 1.00 positive item 2.01 item 5.01 item 5.02 item 8.01 item 9.01 ◈ executive_change ×7◈ M&A Transactions

Combined revenue of $284M includes $215M recurring SaaS revenue; service gross margins of 65%.
Over 1.8M subscribers and 7,500 enterprise customers; expects $25M+ EBITDA expansion within two years.

Read filing →

August 11, 2026, 4:52 PM ET leadership materiality 0.60 neutral item 1.01 item 5.02 item 9.01 ◈ executive_change ×2

Powerfleet appoints Paul Lalljie as President & CFO; David Wilson exits

Paul Lalljie named President and CFO, effective Aug 11, 2026; succeeds David Wilson.
August 10, 2026, 8:07 AM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Powerfleet Q1 FY27 revenue up 6.4% to $110.8M, adjusted EBITDA $21.5M, updates FY27 guidance

Revenue $110.8M (+6.4% YoY); services revenue $94.3M (+9.1%, 85% of total); gross margin 55.2% vs 54.2%.
July 21, 2026, 4:39 PM ET leadership materiality 0.40 neutral item 5.02 item 8.01 item 9.01

Powerfleet appoints Michael Casey to board as Audit Committee chair; McConnell resigns

Michael Casey rejoins Powerfleet board effective July 15, 2026, and is appointed Chair of the Audit Committee.
June 30, 2026, 5:48 PM ET other material materiality 0.50 positive item 8.01 item 9.01

Powerfleet authorizes $30M stock repurchase program over 24 months

Board approved repurchase of up to $30M of common stock over 24 months.
June 15, 2026, 6:27 AM ET earnings materiality 0.80 positive item 2.02 item 7.01 item 9.01 ◈ Earnings Releases ×2

Powerfleet Q4 revenue $114.5M (+11% YoY), Adj. EBITDA $26.4M (+42%); guides FY2027 rev $485-490M

Q4 revenue $114.5M (+11% YoY); services rev $92.9M (+14%); net loss improved 78% to $2.7M.
May 22, 2026, 4:45 PM ET leadership materiality 0.50 neutral item 5.02 ◈ executive_change

Powerfleet Chief Innovation Officer Mike Powell departs effective May 29, 2026

Mike Powell, Chief Innovation Officer, will depart on May 29, 2026; notice received May 18, 2026.
February 9, 2026, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Powerfleet Q3 revenue up 7% to $113.5M, services up 11%, adjusted EBITDA +26%

Total revenue $113.5M (record, +7% YoY); services revenue $91.1M (+11% YoY, 80% of total).
February 3, 2026, 6:59 PM ET leadership materiality 0.40 neutral item 5.02 item 8.01 item 9.01

Powerfleet announces Andrew Martin as new Chairman; Michael Brodsky resigns

Michael Brodsky resigned as director of Powerfleet, effective January 30, 2026.
December 22, 2025, 6:59 PM ET other material materiality 0.65 positive item 8.01

Powerfleet subsidiary awarded 60-month fleet management contract by South Africa National Treasury

MiX Telematics Enterprise (Powerfleet subsidiary) awarded contract by National Treasury of South Africa.
November 14, 2025, 6:59 PM ET other materiality 0.10 neutral item 7.01 item 9.01

Powerfleet posts investor presentation on website; exhibit content not provided for analysis

Company posted an investor presentation on ir.powerfleet.com on November 14, 2025.
November 10, 2025, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Powerfleet Q2 FY26 revenue $111.7M, up 45% YoY; raises FY26 guidance

Total revenue record $111.7M, +45% YoY and +7% sequentially; organic revenue growth 9% YoY.
November 6, 2025, 6:59 PM ET debt materiality 0.50 neutral item 1.01 item 2.03 item 9.01 ◈ Debt Financings

Powerfleet amends $85M credit facility; extends Term A maturity to March 2028

Term A Facility maturity extended by 12 months to March 31, 2028.
September 16, 2025, 7:59 PM ET other materiality 0.10 neutral item 5.07

Powerfleet shareholders elect five directors, ratify auditor, approve say-on-pay at 2025 annual meeting

All five director nominees (Brodsky, Jacobs, Martin, McConnell, Towe) elected with majority of votes cast.
August 11, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Powerfleet Q1: Services revenue up 6% sequentially; raises FY26 revenue guidance

Services revenue $86.5M (+6% seq, +53% YoY); record 83% of total revenue.
June 16, 2025, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 7.01 item 9.01

Powerfleet FY2025 revenue $362.5M (+26%), adjusted EBITDA $71M (+65%)

Total revenue $362.5M (+26% YoY); ~75% recurring SaaS; adjusted EBITDA $71M (+65%), margin 20% (+500 bps).
June 5, 2025, 7:59 PM ET leadership materiality 0.40 neutral item 1.01 item 5.02 item 9.01

Powerfleet amends CEO severance to 2x bonus payment on termination

Amendment effective May 31, 2025, between Powerfleet and CEO Steve Towe.
May 23, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Powerfleet reports preliminary FY2025 revenue $362.5M (+25% YoY), adj. EBITDA $71M (+65% YoY)

Revenue ~$362.5M, +25% YoY; adjusted EBITDA ~$71M, +65% YoY, in line or ahead of guidance.
February 10, 2025, 6:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

Powerfleet Q3 revenue $106.4M (+45%), adj. EBITDA $22.5M (+77%), raises FY25 guidance

Q3 total revenue $106.4M (+45% YoY); service revenue $81.7M (77% of total); product revenue $24.7M (+42%).
January 7, 2025, 6:59 PM ET leadership materiality 0.60 neutral item 5.02 item 8.01 item 9.01 ◈ executive_change

Powerfleet CTO resigns; appoints Mike Powell as Chief Innovation Officer

Jim Zeitunian resigns as CTO, effective January 30, 2025.
January 3, 2025, 6:59 PM ET debt materiality 0.40 neutral item 1.01 item 2.03 item 9.01

Powerfleet increases borrowing capacity under Israeli credit facility by $10M; changes fiscal year end

Facility D under A&R Credit Agreement increased from $10M to $20M for Powerfleet Israel and Pointer Telocation.
December 17, 2024, 6:59 PM ET M&A materiality 0.60 neutral item 9.01

Powerfleet completes Fleet Complete acquisition; acquired entity had FY2023 revenue CAD $139.3M and net loss CAD $17.4M

Acquisition closed Oct 1, 2024; purchase agreement dated Sep 18, 2024.
November 12, 2024, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

Powerfleet Q2 FY25 revenue up 7% to $77M, adjusted EBITDA +41% to $14.5M; reaffirms FY25 guidance

Total revenue $77.0M (+7% YoY); product revenue $20.3M (+13%); service revenue $56.7M (+5%).
October 2, 2024, 7:59 PM ET M&A materiality 0.85 positive item 1.01 item 2.01 item 2.03 item 3.02 item 8.01 item 9.01 ◈ M&A Transactions

Powerfleet closes $200M Fleet Complete acquisition, expects $400M+ revenue, $85M EBITDA

Acquired Fleet Complete for $200M using $125M term loan, $70M private placement (20M shares at $3.50), and $15M in rollover shares to OTPP.
September 18, 2024, 7:59 PM ET M&A materiality 0.85 positive item 1.01 item 3.02 item 7.01 item 8.01 item 9.01

Powerfleet to acquire Fleet Complete for $200M; expects combined revenue >$400M

Total purchase price $200M; $125M senior debt, $70M PIPE at $3.50/share, $15M stock to OTPP.
September 17, 2024, 7:59 PM ET other materiality 0.30 neutral item 5.02 item 5.07 item 9.01

Shareholders approve amendment to 2018 Incentive Plan and elect five directors at annual meeting

All five director nominees elected with majority 'for' votes; Steve Towe highest with 73.2M for.
August 22, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

Powerfleet Q1 revenue up 10% to $75.4M, adjusted EBITDA up 52% to $13.7M

Total revenue $75.4M (+10.2% YoY); product revenue $18.7M (+29% YoY).
August 19, 2024, 7:59 PM ET regulatory materiality 0.55 positive item 8.01 item 9.01

Powerfleet resolves SEC review of MiX acquisition accounting; to file delayed reports by Aug 23

SEC completed review on Aug 16, 2024, confirming Powerfleet as accounting acquirer in MiX Telematics business combination.
August 16, 2024, 7:59 PM ET regulatory materiality 0.65 negative item 3.01 item 4.01 item 8.01 item 9.01

Powerfleet receives Nasdaq delinquency notices for late filings due to SEC comment; targets August resolution

Received Nasdaq notices on Aug 8 and Aug 15 for failure to timely file Form 10-KT (transition period ended Mar 31, 2024) and Form 10-Q (quarter ended Jun 30, 2024).
August 9, 2024, 7:59 PM ET regulatory materiality 0.70 negative item 3.01

Powerfleet receives Nasdaq delisting notice over late 10-KT filing; SEC comment on MiX Telematics M&A

Nasdaq notified Powerfleet on Aug 8, 2024, for failing to timely file Form 10-KT for transition period ended March 31, 2024.
August 5, 2024, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 8.01 item 9.01

Powerfleet Q1 preliminary revenue $75M (+10% YoY), raises FY2025 guidance; SEC comment letter delays filings

Preliminary Q1 FY2025 revenue of ~$75M, up 10% YoY pro forma; adjusted EBITDA >$13.5M, up >40%.
July 24, 2024, 7:59 PM ET other material materiality 0.65 negative item 4.01 item 9.01

Powerfleet dismisses EY as auditor, appoints Deloitte; cites material weaknesses

EY dismissed effective upon filing Form 10-KT for transition period Jan 1-Mar 31, 2024.
July 12, 2024, 7:59 PM ET other material materiality 0.20 neutral item 5.08

Powerfleet sets Sept 17, 2024 annual meeting; proposal deadline July 22

Annual meeting scheduled for September 17, 2024, more than 30 days after 2023 anniversary.
June 14, 2024, 7:59 PM ET M&A materiality 0.75 neutral item 9.01

Powerfleet reports pro forma net loss of $21.4M for combined year; acquisition of MiX Telematics at $362M

Pro forma combined net loss of $21.4M for FY2023; diluted EPS ($0.20) on 107.7M shares.
May 31, 2024, 7:59 PM ET other material materiality 0.50 neutral item 8.01

Powerfleet voluntarily delists from Tel Aviv Stock Exchange; last trade Aug 27, 2024

Voluntarily requested delisting from Tel Aviv Stock Exchange on May 28, 2024.
May 9, 2024, 7:59 PM ET other material materiality 0.60 positive item 5.03 item 8.01 item 9.01 ◈ Governance Changes

Powerfleet changes fiscal year end to March 31, files delayed 10-K, reiterates guidance

Board approved change of fiscal year end from Dec 31 to March 31, effective immediately; aligns with MiX Telematics post-combination.
April 30, 2024, 7:59 PM ET leadership materiality 0.65 positive item 5.02 item 8.01 item 9.01 ◈ executive_change

Powerfleet appoints large shareholder Andrew Martin from PCM to board as independent director

Andrew Martin, partner at Private Capital Management (PCM), elected to Powerfleet board effective April 29, 2024.
April 5, 2024, 7:59 PM ET other material materiality 0.75 negative item 3.01 item 4.02 item 7.01 item 9.01 ◈ Auditor Changes◈ Listing & Compliance Notices

Powerfleet restates FY2021-2023 financials over preferred stock accounting; Nasdaq late-filing notice received

Restatement corrects Series A preferred redemption premium: increases net loss by ~$5M (2021), $6M (2022), $5M (9M 2023).
April 2, 2024, 7:59 PM ET M&A materiality 1.00 positive item 2.01 item 5.01 item 5.02 item 8.01 item 9.01 ◈ executive_change ×7◈ M&A Transactions

Powerfleet closes MiX Telematics acquisition; pro forma revenue $284M, $215M SaaS recurring

Combined revenue of $284M includes $215M recurring SaaS revenue; service gross margins of 65%.
April 1, 2024, 7:59 PM ET other material materiality 0.70 negative item 8.01

Powerfleet will miss extended deadline for 2023 Form 10-K filing

Previously disclosed inability to file 2023 10-K by original March 15, 2024 due date.
March 22, 2024, 7:59 PM ET debt materiality 0.50 neutral item 1.01 item 2.03 item 9.01 ◈ Material Agreements

PowerFleet subsidiaries refinance with $30M term loans and $20M revolver from Bank Hapoalim

Facility A $20M amortizes over 5 years; Facility B $10M due March 18, 2029.
March 12, 2024, 7:59 PM ET earnings materiality 0.80 positive item 1.01 item 2.02 item 2.03 item 9.01 ◈ Earnings Releases ×2◈ Debt Financings◈ Material Agreements

Powerfleet Q4 revenue $34.5M (+9% CC), AEBITDA $2.9M (+110% YoY); MiX deal on track for Apr 2

Q4 total revenue $34.5M (+9% YoY constant currency); service revenue $21.7M (+16% CC).
February 28, 2024, 6:59 PM ET M&A materiality 0.85 positive item 5.07 item 8.01 item 9.01 ◈ Shareholder Votes ×3

Powerfleet and MiX Telematics shareholders approve business combination; close expected April 2024

Shareholders approved issuance of shares to MiX holders (28,512,190 for) and increase in authorized shares to 175M.
January 30, 2024, 6:59 PM ET M&A materiality 0.75 positive item 8.01 item 9.01

PowerFleet and MiX Telematics schedule shareholder votes for Feb 28, expect deal close in early April 2024

Shareholder meetings to approve business combination set for Feb 28, 2024; PowerFleet meeting at 10 a.m. ET, MiX at 2:30 p.m. SAST.
November 16, 2023, 6:59 PM ET other material materiality 0.30 neutral item 7.01 item 9.01

PowerFleet and MiX Telematics host joint investor day on Nov 16, 2023 regarding planned business combination

Joint investor day held November 16, 2023 at 2:00 p.m. ET to discuss previously announced business combination.
November 9, 2023, 6:59 PM ET earnings materiality 0.85 positive item 2.02 item 7.01 item 9.01 ◈ Earnings Releases ×2

PowerFleet Q3 revenue $34.2M (+7% seq); adj EBITDA triples to $2.0M; MiX deal to double revenue

Q3 total revenue $34.2M, up 7% sequentially; service revenue up 11% YoY constant currency to $21.0M.
October 10, 2023, 7:59 PM ET M&A materiality 0.90 neutral item 1.01 item 5.02 item 7.01 item 8.01 item 9.01 ◈ Material Agreements

PowerFleet to acquire MiX Telematics in stock deal; MiX holders to own ~65.5%

MiX shareholders receive 0.12762 PowerFleet shares per ordinary share (or 3.19056 per ADS).
September 15, 2023, 7:59 PM ET other material materiality 0.45 neutral item 1.01 item 5.02 item 9.01

PowerFleet amends CEO severance to 2x base salary payout

Effective Sept. 11, 2023, CEO Steve Towe's severance amended to 2x base salary.
August 8, 2023, 7:59 PM ET earnings materiality 0.70 neutral item 2.02 item 9.01

PowerFleet Q2 2023 revenue $32.1M; services revenue 66% of total; net loss $4.3M

Total revenue $32.1M (down 7% YoY) as product sales decrease offset service revenue growth of 13% constant currency.
July 26, 2023, 7:59 PM ET other material materiality 0.50 neutral item 5.02 item 5.07 item 9.01 ◈ Shareholder Votes ×5

PowerFleet stockholders approve 2018 incentive plan amendment; elect directors

Stockholders approved amendment to 2018 Incentive Plan with 22.4M for, 4.5M against.
May 9, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

PowerFleet Q1 services revenue up 17% constant currency; GAAP net income $3.5M on bargain purchase gain

Services revenue $20.4M, up 9% GAAP and 17% constant currency YoY; total revenue $32.8M.

Executive changes

Appointed

Paul Lalljie

President and Chief Financial Officer

AIOT · Powerfleet, Inc.

Effective: 2026-08-11
Filed: August 11, 2026, 4:52 PM ET

On August 9, 2026, the Board of Directors (the “Board”) of Powerfleet, Inc. (the “Company”) appointed Paul Lalljie to serve as President and Chief Financial Officer of the Company, effective as of August 11, 2026, succeeding David Wilson, whose employment as Chief Financial Officer was terminated effective as of the close of business on August 10, 2026.

Departed

David Wilson

Chief Financial Officer

AIOT · Powerfleet, Inc.

Effective: 2026-08-10
Successor: Paul Lalljie
Filed: August 11, 2026, 4:52 PM ET

On August 9, 2026, the Board of Directors (the “Board”) of Powerfleet, Inc. (the “Company”) appointed Paul Lalljie to serve as President and Chief Financial Officer of the Company, effective as of August 11, 2026, succeeding David Wilson, whose employment as Chief Financial Officer was terminated effective as of the close of business on August 10, 2026.

Departed

Mike Powell

Chief Innovation Officer

AIOT · Powerfleet, Inc.

Effective: 2026-05-29
Filed: May 22, 2026, 4:45 PM ET

Effective May 29, 2026, Mike Powell will depart from his role as Chief Innovation Officer of Powerfleet, Inc.

Departed

Jim Zeitunian

Chief Technology Officer

AIOT · Powerfleet, Inc.

Effective: 2025-01-30
Filed: January 7, 2025, 6:59 PM ET

On January 2, 2025, Jim Zeitunian notified Powerfleet, Inc. (the “Company”) of his resignation as Chief Technology Officer of the Company. Mr. Zeitunian will be leaving the Company effective as of January 30, 2025.

Appointed

Andrew Martin

Director

AIOT · Powerfleet, Inc.

Effective: 2024-04-29
Filed: April 30, 2024, 7:59 PM ET

On April 29, 2024, Andrew Martin was elected to the Board of Directors (the “Board”) of Powerfleet, Inc. (the “Company”).

Departed

Anders Bjork

Director

AIOT · Powerfleet, Inc.

Filed: April 2, 2024, 7:59 PM ET

Anders Bjork, Michael Casey, Charles Frumberg, Elchanan Maoz and Medhini Srinivasan resigned as directors of the Company

Departed

Medhini Srinivasan

Director

AIOT · Powerfleet, Inc.

Filed: April 2, 2024, 7:59 PM ET

Anders Bjork, Michael Casey, Charles Frumberg, Elchanan Maoz and Medhini Srinivasan resigned as directors of the Company

Departed

Charles Frumberg

Director

AIOT · Powerfleet, Inc.

Filed: April 2, 2024, 7:59 PM ET

Anders Bjork, Michael Casey, Charles Frumberg, Elchanan Maoz and Medhini Srinivasan resigned as directors of the Company

Departed

Michael Casey

Director

AIOT · Powerfleet, Inc.

Filed: April 2, 2024, 7:59 PM ET

Anders Bjork, Michael Casey, Charles Frumberg, Elchanan Maoz and Medhini Srinivasan resigned as directors of the Company

Departed

Elchanan Maoz

Director

AIOT · Powerfleet, Inc.

Filed: April 2, 2024, 7:59 PM ET

Anders Bjork, Michael Casey, Charles Frumberg, Elchanan Maoz and Medhini Srinivasan resigned as directors of the Company

Appointed

Michael McConnell

Director

AIOT · Powerfleet, Inc.

Filed: April 2, 2024, 7:59 PM ET

Ian Jacobs and Michael McConnell were appointed to the board of directors of the Company

Appointed

Ian Jacobs

Director

AIOT · Powerfleet, Inc.

Filed: April 2, 2024, 7:59 PM ET

Ian Jacobs and Michael McConnell were appointed to the board of directors of the Company

Earnings & guidance

2026-Q3 EPS reported -$0.13 filing →

Materiality & sentiment trend

Max materiality 1.00 · Median 0.68 · Most common event earnings

24 positive 5 negative 21 neutral

source · AIOT on sec.gov