Business Context and Reporting Period
This Form 6-K filing by Supercom Ltd., a foreign private issuer based in Hertzliya Pituach, Israel, reports on the minutes of the Annual General Meeting of Shareholders held on December 3, 2017. The filing was signed by the Chief Executive Officer on December 5, 2017.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document notes that shareholders reviewed the Company's Audited Consolidated Financial Statements for the fiscal year 2016 during the meeting, but the actual figures are not included in this report.
Material Changes
No material financial changes or operational updates were disclosed in this filing. The document focuses exclusively on corporate governance resolutions passed at the Annual General Meeting.
Corporate Governance and Resolutions
- Appointment of Auditors: Shareholders resolved to appoint PwC (PricewaterhouseCoopers) Israel as the independent public accountants for the fiscal year 2017. The Audit Committee was authorized to fix remuneration.
- Re-election of Directors: Mrs. Tsviya Trabelsi and Mr. Menachem Mirski were re-elected to serve as Directors until the next Annual General Meeting.
- External Director Re-election: Mr. Avi Ayash was re-elected as an External Director for an additional three-year term, commencing December 8, 2017, and ending December 7, 2020.
Investor Verification Checklist
- Verify the full text of the Audited Consolidated Financial Statements for 2016, which were reviewed but not included in this filing.
- Confirm the specific remuneration terms for the newly appointed auditors and the re-elected External Director.
- Review the Company's Form 20-F for the fiscal year 2016 to obtain detailed financial performance data.