Corporate GovernanceMay 20, 2026, 09:17 AM
RADCOM Amends Articles of Association
AI Summary
RADCOM LTD has filed amended and restated Articles of Association, effective May 20, 2026. The updated articles detail the company's share capital structure, procedures for amending the articles, and rules regarding the increase, modification, and reduction of share capital. Key changes also include the composition and election of the Board of Directors and quorum requirements for both General Meetings and Board of Directors meetings.
Key Highlights
- Share capital is NIS 4,000,466, divided into 20,000,000 Ordinary Shares and 2,330 Deferred Shares.
- Amendments to Articles of Association require a simple majority Shareholders' Resolution.
- Increase, modification, consolidation, subdivision, cancellation, or reduction of share capital require Shareholders' Resolution.
- Board of Directors shall consist of 3 to 7 members, determined by Shareholders' Resolution.
- Directors (excluding External Directors) are elected by majority vote at General Meetings and serve up to three years.
- General Meeting quorum is 33 1/3% of voting power; adjourned meetings require two holders.
- Board of Directors meeting quorum is a majority of directors in office, but not less than two.
Price Impact
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