SEC Form 8-K Summary
Registrant: Save Foods, Inc. The provided request identifies Nexentis Technologies Inc., but the filing names Save Foods, Inc. as the registrant.
Reporting date: November 12, 2023; filed and signed November 13, 2023. The filing reports a board appointment under Item 5.02 and does not cover a financial reporting period.
Business Context and Corporate Action
Save Foods, Inc., a Nevada corporation headquartered in Neve Yarak, Israel, appointed Liat Sidi to its board of directors effective November 12, 2023. She will serve as a Class II director, with her term expiring at the company’s 2026 annual meeting of stockholders.
The company’s common stock trades on The Nasdaq Capital Market under the symbol SVFD. The filing identifies the company as an emerging growth company.
Financial Metrics and Liquidity
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, operating results, or other financial metrics.
Material Changes Versus Prior Period
The only reported material change is the addition of Liat Sidi to the board. No prior-period financial comparison is provided.
Management, Governance, and Other Disclosures
Liat Sidi has served as manager of the accounting department of Foresight Autonomous Holdings Ltd. since 2010 and operates Sidi Liat Accounting Services. Since August 2020, she has also served as a director of Plantify Foods, Inc., a minority-owned shareholder of Save Foods, and Scisparc Ltd.
She previously held accounting positions at Panaxia Labs Israel Ltd., Soho Real Estate Ltd., Feldman-Felco Ltd., and Eli Abraham Accounting Firm. She completed tax, finance, and accounting studies at Ramat Gan College of Accounting and is a certified public accountant in Israel.
The filing states that, other than the disclosed appointment, there were no arrangements or understandings supporting her appointment, no family relationships with other directors or executive officers, and no material interest in a transaction requiring disclosure under Item 404(a) of Regulation S-K. No guidance, outlook, contingencies, or unusual financial items are disclosed.
Key Facts for Investors to Verify
- Confirm the correct issuer identity: the filing is for Save Foods, Inc., not Nexentis Technologies Inc.
- Verify Liat Sidi’s appointment as a Class II director and the expected term through the 2026 annual meeting.
- Review subsequent filings for any changes in board composition, committee assignments, compensation, or related-party disclosures.
- Consult the company’s periodic financial filings for financial performance, liquidity, capitalization, debt, and going-concern information, none of which is provided in this 8-K.