Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
May 06 2024 - 7:09AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2024
Commission File Number: 001-33129
ALLOT LTD.
(Translation of registrant’s name into English)
22 Hanagar Street
Neve Ne’eman Industrial Zone B
Hod-Hasharon 45240
Israel
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ___
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ___
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐ No ☒
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
EXPLANATORY NOTE
On May 6, 2024, Allot Ltd. (the “Company”) announced the appointment of Mr. Eyal Harari as Chief Executive Officer replacing Mr. Erez
Antebi, effective May 6, 2024.
A copy of the press release entitled “Allot Announces Appointment of Eyal Harari as Chief Executive Officer” is attached to this Form
6-K as Exhibit 99.1.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
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Allot Ltd.
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By:
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/s/ Ziv Leitman
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Ziv Leitman
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Chief Financial Officer
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Date: May 6, 2024
EXHIBIT INDEX
The following exhibit has been filed as part of this Form 6-K:
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Exhibit Number
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Description
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99.1
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Allot Announces the Appointment of Eyal Harari as Chief Executive Officer
Hod Hasharon, Israel – May 6, 2024 - Allot Ltd. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced the appointment of Eyal
Harari as its Chief Executive Officer effective May 6, 2024. He will be replacing Mr. Erez Antebi. At the request of the company's Board of Directors, Mr. Antebi has agreed to assist Mr. Harari during a transition period and thereafter, to
continue to provide consulting services to the company.
“We are extremely pleased that Eyal is joining Allot as Chief Executive Officer. He brings his vast experience,
management and business skills in fields that are synergetic to Allot's business markets. We would like to thank Erez for his seven and a half years of outstanding service and leadership as well as for his agreement to continue to serve the
company and to assist Eyal during the transition period. On behalf of the Board of Directors and myself I wish him every success in his future endeavors,” said David Reis, Chairman of the Board of Directors.
Prior to joining Allot, between November 2019 and January 2024, Mr. Harari served as Chief Executive Officer of Radcom Ltd., a
NASDAQ listed company and a leader in providing automated service assurance solutions for telecom operators running 5G/4G networks. Mr. Harari held a number of senior and management positions within the Radcom group of companies during the period
from January 2001 to November 2019 including, Chief Operating Officer of Radcom Ltd and the CEO of Radcom’s U.S subsidiary, Radcom Inc., between December, 2016 and November, 2019. Mr. Harari holds a B.Sc in Computer Science from the Open University
of Israel, an M.B.A in Business Administration from Tel Aviv University and an M.A in Business Law from Bar Ilan University.
"I am thrilled with the opportunity to join Allot“, said Mr. Harari. “Allot has a great tradition of innovation and
excellence". "I believe Allot has a bright future and I am looking forward to working with Allot's Board, management, employees and customers to fully realize the opportunities and drive the company to profitable growth."
About Allot
Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative network intelligence and
security solutions for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and
more. Allot’s multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1,000 enterprises. Our industry-leading network-based security as a service solution is already used by many millions of subscribers
globally. Allot. See. Control. Secure.
For more information, visit www.allot.com
This release contains forward-looking statements, which express the current beliefs and expectations of
Company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements set forth in
such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our accounts receivables, including our ability to collect outstanding accounts and assess their collectability on a
quarterly basis; our ability to meet expectations with respect to our financial guidance and outlook; our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers;
consolidation of, and strategic alliances by, our competitors; government regulation; the timing of completion of key project milestones which impact the timing of our revenue recognition; lower demand for key value-added services; our ability to
keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on fourth party channel partners for a material portion of our
revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor
provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether
as a result of new information, future events or otherwise.
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Investor Relations Contact:
EK Global Investor Relations
Ehud Helft
+1 212 378 8040
allot@ekgir.com
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Public Relations Contact:
Seth Greenberg, Allot Ltd.
+972 54 922 2294
sgreenberg@allot.com
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