Allot Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K was filed by Allot Communications Ltd. on April 22, 2013. The filing serves as a response to shareholder requests for clarification in the period leading up to an Extraordinary General Meeting (EGM) scheduled for April 30, 2013.
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 and equity structure details.
Material Changes and Equity Data
- Director Attendance: All directors have a record of attending over 75% of all board of directors meetings and over 75% of the meetings of each committee on which they serve.
- Outstanding Options: As of April 20, 2013, there were 2,965,110 options outstanding under equity incentive plans.
- Options Available for Grant: 569,827 options were available for grant under the current plan. This figure excludes 60,000 shares proposed to be granted to Mr. Baharav; including this proposal, the available options would be 629,827.
- Outstanding Shares: The total number of outstanding shares is 32,614,357.
- Potential Dilution: The total potential dilution is calculated at 9.93%.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The primary purpose is to address specific shareholder inquiries regarding board attendance and equity dilution prior to the EGM.
Investor Verification Checklist
- Verify the final outcome of the Extraordinary General Meeting scheduled for April 30, 2013.
- Confirm whether the proposed grant of 60,000 options to Mr. Baharav was approved by shareholders.
- Review the company's most recent Form 20-F or quarterly reports for actual financial performance metrics (revenue, profit, cash flow) which are absent in this filing.