Perion Network Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K was filed by Perion Network Ltd. on March 5, 2018, covering the month of March 2018. The filing serves as a report of a foreign private issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes and does not contain financial performance data.
Material Changes
The primary material change disclosed is the resignation of Mr. Alan Gelman. Mr. Gelman, who served as Chairman of the Board and a director since 2011, notified the Company on March 4, 2018, of his intention to step down from both positions no later than May 4, 2018, to pursue other opportunities.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding financial guidance, future outlook, specific risks, contingencies, or unusual items. The document is limited to the announcement of the board member's departure.
Key Facts for Investor Verification
- Alan Gelman is resigning as Chairman of the Board and Director effective no later than May 4, 2018.
- Mr. Gelman has served on the board since 2011.
- The resignation is voluntary and driven by the desire to pursue other opportunities.
- No financial results or operational metrics are included in this specific filing.