Eco Wave Power Global AB (publ) 6-K, filed Jun 27, 2024
Eco Wave Power Global AB (publ) (WAVE)
About this 6-K
Eco Wave Power Global AB (publ) filed this 6-K on June 27, 2024.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 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 2024 (Report No. 2)
Commission File Number
001-40554
Eco Wave Power Global AB (publ)
(Translation of registrant’s name into English)
52 Derech Menachem Begin St.
Tel Aviv – Yafo, Israel 6713701
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
CONTENTS
On June 27, 2024, Eco Wave Power Global AB (publ) (the “Company”) published a bulletin (the “Bulletin”) announcing the results of its annual general meeting for 2024 (the “Annual General Meeting”), a copy of which is furnished as Exhibit 99.1. The Company’s shareholders also approved the Company’s amended Articles of Association at the Annual General Meeting, a copy of which is furnished as Exhibit 99.2.
This Report on Form 6-K is incorporated by reference into the Company’s Registration Statement on Form F-3 (Registration No. 333-275728) filed with the Securities and Exchange Commission to be a part thereof from the date on which this Report of Foreign Private Issuer on Form 6-K is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
| Exhibit No. | ||
| 99.1 | Bulletin from the Annual General Meeting of Eco Wave Power Global AB (publ) held on June 27, 2024. | |
| 99.2 | Articles of Association of Eco Wave Power Global AB (publ), as amended. |
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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, thereunto duly authorized.
| Eco Wave Power Global AB (publ) | ||
| By: | /s/ Aharon Yehuda | |
| Aharon Yehuda | ||
| Chief Financial Officer | ||
Date: June 27, 2024
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Exhibit 99.1
Bulletin from the Annual General Meeting of Eco Wave Power Global AB (publ)
Today, on June 27, 2024, the 2024 annual general meeting of Eco Wave Power Global AB (publ) (“Eco Wave Power” or the “Company”) was held. Below is a summary of the resolutions passed at the annual general meeting (all in accordance with the proposals presented in the notice to attend the meeting kept available at the Company’s website www.ecowavepower.com).
The annual general meeting resolved:
| ● | to adopt the profit and loss statement and balance sheet for the financial year 2023; |
| ● | that the Company’s result should be carried forward in new account and that no dividend shall be paid for the financial year 2023; |
| ● | to grant the board members and the CEO of the Company discharge from liability for the financial year 2023; |
| ● | that the board of directors shall consist of five (5) ordinary members without deputy members for the period until the end of the next annual general meeting. Furthermore, it was resolved that a registered accounting firm should be elected as auditor; |
| ● | that the fees payable to the board of directors for the period until the end of the next annual general meeting shall amount to a total of SEK 900,000, out of which SEK 300,000 shall be paid to the chairman of the board of directors and SEK 200,000 to each of the ordinary members. It was further resolved that no board fee shall be paid to Inna Braverman; |
| ● | that the Company’s auditor is to be paid in accordance with approved quotes and invoices; |
| ● | to re-elect Mats Andersson, David Leb, Annath Abecassis, Inna Braverman and Gilles Amar as ordinary board members for the period until the end of next annual general meeting. The meeting also resolved to re-elect Mats Andersson as chairman of the board of directors until the end of next annual general meeting. Further, the auditing firm PricewaterhouseCoopers AB was re-elected as auditor for the Company until the end of next annual general meeting. It was further noted that the auditor has notified that Anna Rozhdestvenskaya will continue to act as a chief auditor; |
| ● | an authorisation for the board of directors to increase the share capital in accordance with the board of directors’ proposal from May 29, 2024; |
| ● | to change the articles of association regarding with respect to share capital and number of shares in accordance with the board of directors’ proposal from May 29, 2024; |
| ● | an authorisation for the board of directors, conditional on necessary permits first being obtained from the Swedish Financial Supervisory Authority, to resolve to purchase and transfer own shares of the Company in accordance with the board of directors’ proposal from May 29, 2024; |
| ● | to amend the existing Warrant program 2020/2024:B regarding right to participate for Inna Braverman in accordance with the board of directors’ proposal from May 29, 2024; and |
| ● | to amend the existing Warrant program 2020/2024:B regarding right to participate for David Leb in accordance with the board of directors’ proposal from May 29, 2024. |
Exhibit 99.2
BOLAGSORDNING/ARTICLES OF ASSOCATION FÖR/FOR
Eco Wave Power Global AB (publ) (Org. nr./Reg. No. 559202-9499)
§ 1 Företagsnamn/Company name.
Bolagets företagsnamn är Eco Wave Power Global AB (publ). Bolaget är publikt.
The company’s name is Eco Wave Power Global AB (publ). The company is a public company.
§ 2 Styrelsens säte/Registrered office of the Board of Directors
Bolagets styrelse har sitt säte i Stockholm.
The Board of Directors’ registered office shall be situated Stockholm, Sweden.
§ 3 Verksamhet/Business
Bolaget har till föremål för sin verksamhet att, direkt eller indirekt, genom hel- eller delägda dotterbolag bedriva forskning, utveckling och försäljning av tjänster och produkter för förnybar elproduktion och därmed förenlig verksamhet.
The company’s business is to, directly or indirectly, through wholly or partly owned subsidiaries, carry out research, development and sales of services and products for renewable electricity production or related activities.
§ 4 Aktiekapital/Share capital
Aktiekapitalet ska vara lägst 880 000 kronor och högst 3 520 000 kronor.
The share capital shall be no less than SEK 880,000 and no more than SEK 3,520,000
§ 5 Antal aktier/Shares
Antalet aktier ska vara lägst 44 000 000 och högst 176 000 000.
The number of shares shall be no less than 44,000,000 and no more than 176,000,000.
§ 6 Styrelse/Board of Directors
Styrelsen ska bestå av lägst tre (3) och högst åtta (8) ledamöter utan suppleanter.
The Board of Directors shall consist of no less than three (3) and no more than eight (8) directors, without deputy directors.
Inna Braverman och David Leb ska, i samband med årsstämma, vardera ha rätt att utse en (1) ordinarie ledamot till styrelsen för tiden intill slutet av nästkommande årsstämma under förutsättning att styrelsen därefter består av minst fem (5) ledamöter.
Inna Braverman and David Leb shall, in connection with the annual shareholder’s meeting, each have the right to appoint one (1) ordinary member to the Board for the period until the end of the next annual shareholder’s meeting, provided that the Board thereafter consists of at least five (5) members.
För ett giltigt beslut om ändring av § 6 i bolagsordningen krävs, utöver den röstmajoritet som framgår av lag, samtycke från såväl Inna Braverman som David Leb.
A valid resolution to amend § 6 of the Articles of Association requires, in addition to the voting majority required by law, the consent of both Inna Braverman and David Leb.
§ 7 Revisorer/Auditors
Bolaget skall ha lägst en (1) och högst två (2) revisorer, utan eller med högst två (2) revisorssuppleanter, eller lägst ett (1) och högst två (2) registrerade revisionsbolag. Revisor och revisorssuppleant, respektive huvudansvarig revisor skall vara auktoriserad revisor.
The company shall have no less than one (1) and no more than two (2) auditors, without or with no more than two (2) deputy auditors, or at least one (1) and no more than two (2) registered auditing firms. The auditor(s) and deputy/deputies and principal auditor shall be authorised public accountants.
§ 8 Kallelse/Notice
Kallelse till bolagsstämma ska ske genom annonsering i Post och Inrikes Tidningar och på bolagets webbplats, samt genom annonsering med information om att kallelse har skett i Svenska Dagbladet.
Notices of shareholders’ meetings shall be published in Post- och Inrikes Tidningar (the Swedish Official Gazette) and be kept available on the company’s website and an announcement with information that the notice has been issued shall be published in Svenska Dagbladet.
Aktieägare som vill delta i förhandlingarna vid bolagsstämma ska göra anmälan till bolaget senast den dag som anges i kallelsen till stämman.
Shareholders wishing to participate in shareholders' meetings must notify the company no later than the date specified in the notice of the shareholders' meeting.
Aktieägare får vid bolagsstämma medföra ett eller två biträden dock endast om aktieägaren gjort anmälan härom enligt föregående stycke.
Shareholders may bring one or two counsels at shareholders’ meetings only if the shareholder has given notice in accordance with the previous section.
§ 9 Årsstämma/Annual shareholders’ meeting
Årsstämma ska avhållas inom sex månader efter räkenskapsårets utgång.
The annual shareholder’s meeting shall be held within six months after the end of the fiscal year.
På årsstämman ska följande ärenden behandlas:
| 1. | Val av ordförande vid stämman. |
| 2. | Upprättande och godkännande av röstlängd. |
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| 3. | Val av en eller två justerare. |
| 4. | Godkännande av dagordning. |
| 5. | Prövning av om stämman blivit behörigen sammankallad. |
| 6. | Framläggande av årsredovisning och revisionsberättelse samt i förekommande fall, koncernredovisning och koncernrevisionsberättelse. |
| 7. | Beslut om: |
| a) | fastställande av resultaträkning och balansräkning samt, i förekommande fall, koncernresultaträkning och koncernbalansräkning; |
| b) | dispositioner beträffande vinst eller förlust enligt den fastställda balansräkningen; och |
| c) | ansvarsfrihet åt styrelseledamöter och verkställande direktör. |
| 8. | Fastställande av styrelse- och revisorsarvoden. |
| 9. | Val av styrelseledamöter samt revisorer och revisorssuppleanter. |
| 10. | Annat ärende, som ankommer på stämman enligt aktiebolagslagen (2005:551) eller bolagsordningen. |
At the annual shareholder’s meeting the following matters shall be addressed:
| 1. | Election of the chairman of the meeting. |
| 2. | Preparation and approval of the voting list. |
| 3. | Election of one or two checkers. |
| 4. | Approval of the agenda. |
| 5. | Determination that the meeting has been duly convened. |
| 6. | Presentation of the submitted annual report and the auditor’s report and, where appropriate, consolidated financial statements and the consolidated auditor’s report. |
| 7. | Resolution regarding: |
| a) | adoption of the income statement and balance sheet, and where appropriate consolidated income statement and consolidated balance sheet; |
| b) | appropriation of the company’s profit or loss pursuant to the adopted balance sheet; and |
| c) | discharge of the members of the Board of Directors and the managing directors from liability. |
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| 8. | Determination of remuneration to members of the Board of Directors and auditors. |
| 9. | Election to the Board of Directors and auditors and alternate auditors. |
| 10. | Any other business that arises at the meeting in accordance with the Swedish Companies Act (2005:551) or the Articles of Association. |
§ 10 Fullmaktsinsamling och poströstning/Collection of proxy forms and postal voting
Styrelsen får samla in fullmakter på bolagets bekostnad enligt det förfarande som anges i 7 kap. 4 § andra stycket aktiebolagslagen. Styrelsen får även, inför en bolagsstämma, besluta att aktieägarna ska kunna utöva sin rösträtt per post enligt det förfarande som anges i 7 kap. 4 a § andra stycket aktiebolagslagen.
The board of directors may collect proxies at the company’s expense pursuant to the procedure stated in Chapter 7, section 4, second paragraph of the Swedish Companies Act. The board of directors may also, prior to a general meeting, resolve that shareholders shall have the option to exercise their voting rights by means of postal voting pursuant to the procedure stated in Chapter 7, section 4 a, second paragraph of the Swedish Companies Act.
§ 11 Räkenskapsår/Financial year
Bolagets räkenskapsår är 1 januari – 31 december (kalenderår).
The company shall have a financial year from 1 January to 31 December (calendar year).
§ 12 Avstämningsförbehåll/Registration of shares
Bolagets aktier ska vara registrerade i ett avstämningsregister enligt lag (1998:1479) om värdepapperscentraler och kontoföring av finansiella instrument.
The company’s shares shall be registered in a securities register
according to
Swedish Central Securities Depositories and Financial Instruments Accounts Act (Swe. Lagen om värdepapperscentraler och kontoföring
av finansiella instrument, SFS 1998:1479).
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