Business Context and Reporting Period
This Form 6-K filing by B.O.S. Better Online Solutions Ltd. covers the month of September 2008. The report documents the outcomes of the company's Annual General Meeting of Shareholders held on September 24, 2008, in Rishon LeZion, Israel.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document focuses exclusively on corporate governance actions and does not contain financial performance data.
Material Changes
The primary material changes reported are updates to the company's Board of Directors and auditor appointments:
- Board Elections: Edouard Cukierman, Joel Adler, Ronen Zavlik, Dan Hoz, Gérard Limat, Guillaume Binder, and Jacob Neuhof were elected to serve until the next Annual General Meeting.
- External Director Appointments: Ms. Nelly Assouline was appointed for a three-year term commencing November 14, 2008. Mr. David Golan was appointed for a three-year term commencing February 18, 2009.
- Auditor Reappointment: Kost, Forer, Gabbay & Kasierer were reappointed as independent auditors until the next Annual General Meeting.
Guidance, Outlook, and Management Commentary
The filing does not contain financial guidance, market outlook, or management commentary regarding business operations. However, it details approved compensation structures:
- External directors (Assouline and Golan) will receive an annual fee, a per-meeting attendance fee at fixed statutory amounts, and 7,500 share options each.
- Compensation for non-employee, non-consultant directors was approved as detailed in the proxy statement filed on August 14, 2008.
Important Facts for Investor Verification
- Verify the specific terms of the 7,500 share options granted to external directors in the August 14, 2008 proxy statement.
- Confirm the start dates for the new external directors (November 14, 2008, and February 18, 2009) to understand board composition timelines.
- Review the August 14, 2008 proxy statement for details on the approved compensation for non-employee directors.
- Note that this filing incorporates by reference into registration statements on Form F-3 and Form S-8.