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
Date of Report (Date of Earliest Event Reported): December 1, 2024
Mobileye Global Inc.
(Exact name of registrant as specified in its charter)
| Delaware | | 001-41541 | | 88-0666433 |
(State or Other Jurisdiction of
Incorporation or Organization) | | (Commission File Number) | | (IRS Employer Identification
Number) |
c/o Mobileye B.V.
Har Hotzvim, Shlomo Momo HaLevi Street 1
Jerusalem 9777015, Israel
(Address of principal executive offices and zip code)
+972-2-541-7333
(Registrant’s telephone number, including area code)
Former name or former address, if changed since last report: N/A
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:
| ¨ | 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) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement 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 | Name of each exchange on which registered |
| Common Stock ($0.001 Par Value) | MBLY | Nasdaq Global Select 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) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).
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
(b)
On December 1, 2024, Mr. Patrick P. Gelsinger retired from Mobileye Global Inc.’s (the “Company”) board of directors (the “Board”), effective December 1, 2024 in connection with his resignation as chief executive officer of Intel Corporation (“Intel”), the Company’s controlling shareholder. Mr. Gelsinger’s decision to resign from the Board was not due to any disagreement with the Company on any matter related to the Company’s operations, policies or practices.
Additionally, Mr. Frank D. Yeary, one of the Company's directors, has informed the Company that he is assuming the role of executive chair of Intel on an interim basis. Because he will be an executive officer of Intel on an interim basis, Mr. Yeary has informed the Company that he is stepping down from the Audit Committee of the Board effective immediately for so long as he continues to act as executive chair of Intel. A replacement for Mr. Yeary on the Company's Audit Committee has not yet been determined.
SIGNATURES
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 thereunto duly authorized.
| | Mobileye Global Inc. |
| | |
| | | |
| Date: December 2, 2024 | By: | /s/ Professor Amnon Shashua |
| | | Professor Amnon Shashua |
| | | President and Chief Executive Officer |
