8-K
QUANTUM X LABS INC. (QXL)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM8-K
CURRENTREPORT
Pursuantto Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (date of earliest event reported): January 2, 2020 (January 1, 2020)
ViewbixInc.
(Exact Name of Registrant as Specified in its Charter)
Commission File No.: 000-15746
| Delaware | 68-0080601 |
|---|---|
| (State<br> of Incorporation) | (I.R.S.<br>Employer Identification No.) |
| 14<br> Aryeh Shenkar Street, Herzliya, Israel | 4672514 |
| --- | --- |
| (Address<br> of Registrant’s Office) | (ZIP<br> Code) |
Registrant’s Telephone Number, including area code: 1 (855) 879-8439
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<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| [ ] | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| N/A | N/A | N/A |
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. [ ]
Item5.02 Departure of Directors or Certain Officers; Appointment of Certain Officers
In connection with certain cost reduction measures that Viewbix Inc. (the “Company”) is currently exploring, on January 1, 2020, Mr. Jonathan Stefansky, the Chief Executive Officer of the Company and a member of the board of directors of the Company (the “Board”), tendered his resignation from the Board. On the same date, the Company and Mr. Stefansky reached a mutual understanding that Mr. Stefansky will step down as the Company’s Chief Executive Officer, which will enter into effect on March 1, 2020. The Company and Mr. Hillel Scheinfeld, the Company’s Chief Operating Officer, reached a similar mutual understanding and agreed Mr. Scheinfeld will step down as the Company’s Chief Operating Officer, which also will enter into effect on March 1, 2020.
Mr. Stefansky’s resignation from the Board was not due to any disagreement with the Company, the Board or the management of Viewbix on any matter relating to the Company’s operations, policies, practices or otherwise.
As a result of the vacancy left by Mr. Stefansky on the Board, on January 1, 2020, the Board resolved to appoint Mr. Amihay Hadad, the Company’s current Chief Financial Officer, as a director of the Company, effective as of such date.
Item 9.01 Financial Statements and Exhibits
(c)Exhibits
| Exhibit<br><br> <br>No. | Description |
|---|---|
| 17.1 | Resignation Letter of Mr. Jonathan Stefansky, dated January 1, 2020 |
SIGNATURES
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 hereunto duly authorized.
| Viewbix Inc. | |
|---|---|
| By: | /s/ Noam Band |
| Name: | Noam<br> Band |
| Title: | Chairman<br> of the Board of Directors |
Date: January 2, 2020
January 1, 2020
To:
Viewbix Inc.
Chairman of the Board, Mr. Noam Band
Dear Noam,
Please accept this letter as my resignation from the Viewbix board effective immediately.
Thanks,
| /s/ Jonathan Stefansky |
|---|
| Mr.<br> Jonathan Stefansky |