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Senstar Technologies Completes Corporate Redomiciliation from Israel to Canada
Ottawa, ON, March 18, 2024 /PRNewswire/ -- Senstar Technologies Corporation (NASDAQ: SNT), a leading international provider of comprehensive physical, video
About this update from Senstar Technologies Corporation
[{"type":"text","content":"Ottawa, ON, March 18, 2024 /PRNewswire/ -- Senstar Technologies Corporation (NASDAQ: SNT), a leading international provider of comprehensive physical, video and access control security products and solutions, today announced the completion of its redomiciliation process from Israel to Ontario, Canada effective March 18, 2024. The shares of Senstar Technologies Corporation will begin trading on the Nasdaq Global Market on March 19, 2024 under the symbol \"SNT\".\n\n \nAs previously announced on September 27, 2023, Senstar's Board of Directors believes that the transition to Canada from Israel better assists the Company in achieving its strategic objectives. The redomiciliation was approved by the shareholders of Senstar Technologies Ltd. on December 27, 2023.\nGillian Beck, Chairman of Senstar Technologies, stated, \"Redomiciling Senstar Technologies from Israel to Canada streamlines the corporate structure, and entrusts the stewardship of the Company's strategic vision to our seasoned Canadian leadership team.\" \nEffective upon completion of the redomiciliation process, Fabien Haubert, the interim CEO of Senstar Technologies Ltd., became the CEO of Senstar Technologies Corporation, and Alicia Kelly, who previously served as Vice President of Finance, assumes the CFO role that was previously held by Tomer Hay, the CFO of Senstar Technologies Ltd., who is based in Israel and elected to step down from the role following the corporate redomiciliation to Canada.\nMs. Kelly, who joined Senstar in 2019, had overseen global accounting, financial reporting, controls, and financial planning and analysis. With 20 years of diverse experience in financial management and business leadership of high-tech corporations boasting global development and manufacturing capacities, Ms. Kelly held pivotal positions such as group controller and director within supply chain and customer service functions.\nAdditional details concerning the redomiciliation process are available in Senstar's Form 6-K filed today with the U.S. Securities and Exchange Commission (the \"SEC\") on the Company's website and at www.sec.gov.\nAbout Senstar Technologies Corporation\nWith innovative perimeter intrusion detection systems (including fence sensors, buried sensors, and above ground sensors), intelligent video-management, video analytics, and access control, Senstar of...