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8-K

Ambarella Inc (AMBA)

8-K 2022-03-21 For: 2022-03-19
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Added on April 12, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

March 19, 2022

Date of Report (date of earliest event reported)

AMBARELLA, INC.

(Exact name of Registrant as specified in its charter)

Cayman Islands 001-35667 98-0459628
(State or other jurisdiction<br> <br>of incorporation) (Commission<br> <br>File Number) (I. R. S. Employer<br> <br>Identification No.)

3101 Jay Street

Santa Clara, CA 95054

(Address of principal executive offices)

Registrant’s telephone number, including area code: (408) 734-8888

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading<br> <br>Symbol(s) Name of each exchange<br> <br>on which registered
Ordinary Shares, $0.00045 par value AMBA The Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 19, 2022, Casey Eichler, the Chief Financial Officer of Ambarella, Inc. (the “Company”) passed away. Mr. Eichler had been on a leave of absence for health reasons since November 9, 2021. The Company is grateful for Mr. Eichler’s service and extends its condolences to his family.

John Young, the Company’s Vice President, Finance, will continue to serve as interim principal financial officer and principal accounting officer while the Company’s Board of Directors completes its search for a successor. The Company expects to make an announcement regarding its search soon.

A copy of the Company’s press release relating to this matter is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release dated March 21, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: March 21, 2022 Ambarella, Inc.
/s/ Michael Morehead
Michael Morehead<br> <br>General Counsel

EX-99.1

Exhibit 99.1

LOGO

Ambarella Announces Passing of Casey Eichler, CFO

SANTA CLARA, Calif., March 21, 2022 — Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor and software company, regrets to announce that Casey Eichler, CFO, passed away on Saturday, March 19th, following his courageous battle with a long term illness. Casey passed peacefully, surrounded by his family.

[picture of Casey Eichler]

“We are deeply saddened by the passing of Casey this weekend. Throughout his career, Casey’s outgoing demeanor and positive outlook on life led his approach in business, and along the way he touched many people. During the last year, Casey battled his illness with dignity and courage, never losing his sense of humor and inspiring us all as he continued to work with the Ambarella team. We will miss him greatly, and our thoughts and prayers go out to his family at this difficult time.” Fermi Wang, President and CEO, Ambarella.

Casey is survived by his wife Kathleen and their three adult children, Erin, Patrick and Maggie.

Casey joined Ambarella as CFO in 2018. He rose to the challenge of transitioning Ambarella into an AI and computer vision company, working closely with the investor community while building a world class finance team.

Prior to Ambarella, Casey had a long and successful career, holding senior finance and management positions at Ultra Clean Holdings, Credence Systems, MarketTools, MIPS Technologies, Visigenic Software, NeXT Software and Microsoft.

AboutAmbarella

Ambarella’s products are used in a wide variety of human and computer vision applications, including video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver/cabin monitoring, autonomous driving and robotics applications. Ambarella’s low-power systems-on-chip (SoCs) offer high-resolution video compression, advanced image processing and powerful deep neural network processing to enable intelligent perception, fusion and central processing systems to extract valuable data from high-resolution video and radar streams. For more information, please visit www.ambarella.com.

Contacts

Media Contact: Eric Lawson, elawson@ambarella.com, (480) 276-9572<br>
Investor Contact: Louis Gerhardy, lgerhardy@ambarella.com, (408)<br>636-2310
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