Business
ReWalk Robotics Announces Additional Change to Board of Directors
Number of Director Seats to be Reduced to Seven MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILLIT, Israel, Sept. 05, 2023 (GLOBE NEWSWIRE) -- ReWalk Robotics
About this update from Lifeward Ltd.
[{"type":"text","content":"Number of Director Seats to be Reduced to Seven\nMARLBOROUGH, Mass. and BERLIN and YOKNEAM ILLIT, Israel, Sept. 05, 2023 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”), a leading provider of innovative technologies that enable mobility and wellness in rehabilitation and daily life for individuals with neurological conditions, today announced that Yasushi Ichiki has informed the Company on September 4, 2023 that he intends to resign from the Board of Directors (the “Board”) immediately following the Company’s 2023 Annual Meeting of Shareholders (the “Annual Meeting”) on September 13, 2023. The term for Mr. Ichiki was to have continued to the 2024 Annual Meeting of Shareholders. Mr. Ichiki's resignation, combined with the previous announcement of two directors who are not seeking re-election, will reduce the size of the Company’s Board to seven immediately following the Annual Meeting. “Ichiki-san has been a valuable contributor to the Board for the past ten years,” said Jeff Dykan, Chairman of the Board of ReWalk. “While we will certainly miss his presence on the Board following his resignation, we respect his decision and wish him well. I want to thank Ichiki-san for his service to ReWalk during some critical phases of our growth and progress.” About ReWalk Robotics Ltd.ReWalk Robotics Ltd. is a medical device company that designs, develops, and commercializes innovative technologies that enable mobility and wellness in rehabilitation and daily life for individuals with neurological conditions. ReWalk’s mission is to fundamentally change the quality of life for these individuals through the creation and development of market leading technologies. Founded in 2001, ReWalk has operations in the United States, Israel, and Germany. For more information on the ReWalk systems, please visit rewalk.com. ReWalk® and ReStore® are registered trademarks of ReWalk Robotics Ltd. in the United States and other jurisdictions. Forward-Looking StatementsIn addition to historical information, this press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements may include projections ...