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This definitive information statement informs Actelis Networks, Inc. shareholders about a reverse stock split proposal approved by the Board on March 8, 2023.
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Schedule 14C is a form required by the Securities and Exchange Commission (SEC) for certain entities to disclose information about their voting securities and any matters presented to shareholders.
Companies registered under the Securities Exchange Act of 1934 that provide information to their shareholders are required to file Schedule 14C.
To fill out Schedule 14C, companies must complete the form by providing relevant information such as the details of the security holders, the matters being voted upon, and any other pertinent financial information.
The purpose of Schedule 14C is to ensure transparency in the governance of publicly-traded companies by informing shareholders about significant matters that require their attention or vote.
Schedule 14C requires reporting information such as the total number of shares outstanding, the identity of the soliciting person, the matters to be voted on, and any proxy solicitation details.
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