Cellebrite DI Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K filing by Cellebrite DI Ltd. covers the month of May 2023, with the report dated May 22, 2023. The filing primarily addresses a change in the composition of the Company's Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure of corporate governance changes and does not contain financial performance data.
Material Changes
- Board Appointment: Brandon Van Buren was appointed to the Board of Directors on May 19, 2023.
- Designation: Mr. Van Buren serves as a Class II director designated by TWC Tech Holdings II, LLC (TWC) pursuant to its Board designation rights.
- Committee Role: Mr. Van Buren will serve as a member of the Audit Committee.
- Resignation: William Heldfond resigned as a TWC designee effective May 19, 2023. The resignation was not due to any disagreement with the Company, the Board, or management.
Outlook, Risks, and Management Commentary
The filing provides background on Mr. Van Buren's qualifications, noting his experience as a Partner at Light Street and True Wind Capital, and previous roles at Google Capital and KKR. He previously served as a director for Open Lending and Zix Corporation. The Company states there are no transactions in which Mr. Van Buren has an interest requiring disclosure under Item 7.B of Form 20-F, and he has no family relationship with any director or executive officer. No specific guidance, risks, or unusual items regarding operations are disclosed in this text.
Key Facts for Investor Verification
- Brandon Van Buren replaced William Heldfond as the TWC-designated director on May 19, 2023.
- Mr. Van Buren is a member of the Audit Committee.
- The resignation of Mr. Heldfond was amicable and unrelated to operational disagreements.
- This filing is incorporated by reference into the Company's registration statements on Form S-8 and Form F-3.