Lifeward Ltd. announced on January 13, 2025, the cancellation of its Extraordinary General Meeting of Shareholders, which had been rescheduled for the same day. The company's Board of Directors withdrew the proposals set forth in the Definitive Proxy Statement from shareholder consideration.
The Board intends to present these proposals at a subsequent meeting in 2025. This cancellation follows an earlier postponement of the meeting due to an anticipated lack of quorum.
This decision indicates a delay in addressing the matters intended for the meeting. The company will need to re-engage with shareholders to gain support for its proposals at a future date.
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