Eltek Ltd 6-K, filed Jun 21, 2023
Eltek Ltd (ELTK)
6-K
2023-06-21
For: 2023-06-21
View Original
Added on
April 09, 2026
About this 6-K
Eltek Ltd filed this 6-K on June 21, 2023.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2023
Commission file number 000-28884
Eltek Ltd.
(Name of Registrant)
Sgoola Industrial Zone, Petach-Tikva, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of 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): ☐
This Form 6-K is being incorporated by reference into the Registrant’s Registration Statements on Form S-8 File
Nos. 333-123559 and 333-130611 and on Form F-3 File No. 333-266346.
Eltek Ltd.
EXPLANATORY NOTE
The following exhibit is attached:
99.1. Press Release: Eltek Announces Settlement With Its Insurance Carrier For Costs Associated With June 2022 Fire At Its Plant.
Signature
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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Eltek Ltd.
(Registrant)
By: /s/Ron Freund
Ron Freund
Chief Financial Officer
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Dated: June 21, 2023
EXHIBIT INDEX
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DESCRIPTION
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Exhibit 99.1
Press Release
Eltek Announces Settlement With Its Insurance Carrier For Costs Associated With June
2022 Fire At Its Plant.
Petach-Tikva, Israel, June 21, 2023 Eltek Ltd. (NASDAQ: ELTK), a global
manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it reached a settlement with its insurance carrier under which the insurance company will pay an additional $2 million to
cover costs and damages incurred by Eltek with respect to the fire in its plant in June 2022. The Company previously received an interim payment of $1 million in August 2022.
“We are very satisfied with the agreement which covers all of the damages incurred and our subsequent costs, mainly the purchase
of new production equipment, construction costs and the replacement of damaged raw materials,” said Eli Yaffe, CEO of Eltek.
About Eltek
Eltek – ”Innovation Across the Board”, is a global manufacturer and supplier of technologically advanced solutions in the field
of printed circuit boards (PCBs), and is an Israeli leading company in this industry. PCBs are the core circuitry of most electronic devices. Eltek specializes in the manufacture and supply of complex and high quality PCBs, HDI, multilayered and
flex-rigid boards for the high-end market. Eltek is ITAR compliant and has AS-9100 and NADCAP Electronics certifications. Its customers include leading companies in the defense, aerospace and medical industries in Israel, the United States, Europe
and Asia.
Eltek was founded in 1970. The Company’s headquarters, R&D, production and marketing center are located in Israel. Eltek
also operates through its subsidiary in North America and by agents and distributors in Europe, India, South Africa and South America.
For more information, visit Eltek's web site at www.nisteceltek.com
Forward Looking Statement
Some of the statements included in this press release may be forward-looking statements that involve a number of risks and
uncertainties including, but not limited to expected results in future quarters, the impact of the Coronavirus on the economy and our operations, risks in product and technology development and rapid technological change, product demand, the impact
of competitive products and pricing, market acceptance, the sales cycle, changing economic conditions and other risk factors detailed in the Company’s Annual Report on Form 20-F and other filings with the United States Securities and Exchange
Commission. Any forward-looking statements set forth in this press release speak only as of the date of this press release. The information found on our website is not incorporated by reference into this press release and is included for reference
purposes only.
Investor Contact
Ron Freund
Chief Financial Officer
Investor-Contact@nisteceltek.com
Chief Financial Officer
Investor-Contact@nisteceltek.com
+972-3-939-5023