ReWalk Robotics Ltd. Finalizes Corporate Name Change to Lifeward Ltd.
ReWalk Robotics has officially changed its name to Lifeward , completing the rebranding initiative announced on January 29, 2024. The change follows shareholder approval on September 4, 2024, and approval from the Israel Companies Registrar on September 10, 2024. This transformation reflects the company's expanded mission to elevate care standards for overcoming physical limitations and disabilities.
CEO Larry Jasinski stated that the rebranding aligns with Lifeward's goal to empower individuals to pursue their passions despite physical challenges. The company's U.S. and German subsidiaries have already adopted the new name, and the stock will continue trading under the symbol 'LFWD' on Nasdaq. The new name will be effective for trading starting September 13, 2024.
ReWalk Robotics ha ufficialmente cambiato il suo nome in Lifeward, completando l'iniziativa di rebranding annunciata il 29 gennaio 2024. Il cambiamento è avvenuto dopo l'approvazione degli azionisti il 4 settembre 2024 e l'approvazione del Registro delle Imprese di Israele il 10 settembre 2024. Questa trasformazione riflette la missione ampliata dell'azienda di elevare gli standard di assistenza per superare le limitazioni fisiche e le disabilità.
Il CEO Larry Jasinski ha dichiarato che il rebranding si allinea con l'obiettivo di Lifeward di dare potere agli individui per perseguire le proprie passioni nonostante le sfide fisiche. Le filiali dell'azienda negli Stati Uniti e in Germania hanno già adottato il nuovo nome, e le azioni continueranno a essere scambiate con il simbolo 'LFWD' su Nasdaq. Il nuovo nome sarà efficace per il trading a partire dal 13 settembre 2024.
ReWalk Robotics ha cambiado oficialmente su nombre a Lifeward, completando la iniciativa de cambio de marca anunciada el 29 de enero de 2024. El cambio sigue a la aprobación de los accionistas el 4 de septiembre de 2024 y la aprobación del Registro de Empresas de Israel el 10 de septiembre de 2024. Esta transformación refleja la misión ampliada de la empresa de elevar los estándares de atención para superar limitaciones físicas y discapacidades.
El CEO Larry Jasinski declaró que el cambio de marca está alineado con el objetivo de Lifeward de empoderar a las personas para que persigan sus pasiones a pesar de los desafíos físicos. Las filiales de la empresa en Estados Unidos y Alemania ya han adoptado el nuevo nombre, y las acciones seguirán negociándose bajo el símbolo 'LFWD' en Nasdaq. El nuevo nombre será efectivo para la negociación a partir del 13 de septiembre de 2024.
ReWalk Robotics는 공식적으로 이름을 Lifeward로 변경하여 2024년 1월 29일 발표된 리브랜딩 이니셔티브를 완료했습니다. 이 변경은 2024년 9월 4일 주주 승인을 받고, 2024년 9월 10일 이스라엘 기업 등록청의 승인을 받은 후 이루어졌습니다. 이 변혁은 신체적 한계와 장애를 극복하기 위한 치료 기준을 높이려는 회사의 확장된 사명을 반영합니다.
CEO Larry Jasinski는 리브랜딩이 신체적 도전에도 불구하고 개인이 자신의 열정을 추구할 수 있도록 힘을 주려는 Lifeward의 목표와 일치한다고 밝혔습니다. 미국 및 독일의 자회사들은 이미 새 이름을 채택했으며, 주식은 Nasdaq에서 'LFWD' 기호로 계속 거래될 것입니다. 새로운 이름은 2024년 9월 13일부터 거래에 적용됩니다.
ReWalk Robotics a officiellement changé son nom en Lifeward, complétant l'initiative de rebranding annoncée le 29 janvier 2024. Ce changement fait suite à l'approbation des actionnaires le 4 septembre 2024 et à l'approbation du registre des entreprises d'Israël le 10 septembre 2024. Cette transformation reflète la mission élargie de l'entreprise visant à élever les normes de soins pour surmonter les limitations physiques et les handicaps.
Le PDG Larry Jasinski a déclaré que le rebranding est aligné sur l'objectif de Lifeward d'habiliter les individus à poursuivre leurs passions malgré les défis physiques. Les filiales américaines et allemandes de l'entreprise ont déjà adopté le nouveau nom, et les actions continueront d'être négociées sous le symbole 'LFWD' sur le Nasdaq. Le nouveau nom sera effectif pour la négociation à partir du 13 septembre 2024.
ReWalk Robotics hat offiziell seinen Namen in Lifeward geändert und damit die am 29. Januar 2024 angekündigte Rebranding-Initiative abgeschlossen. Die Änderung erfolgte nach der Genehmigung durch die Aktionäre am 4. September 2024 sowie der Genehmigung des israelischen Unternehmensregisters am 10. September 2024. Diese Transformation spiegelt die erweiterte Mission des Unternehmens wider, die Pflege-Standards zur Überwindung physischer Einschränkungen und Behinderungen anzuheben.
CEO Larry Jasinski erklärte, dass das Rebranding mit dem Ziel von Lifeward übereinstimmt, Einzelpersonen zu ermächtigen, ihre Leidenschaften trotz physischer Herausforderungen zu verfolgen. Die US-amerikanischen und deutschen Tochtergesellschaften des Unternehmens haben bereits den neuen Namen übernommen, und die Aktien werden weiterhin unter dem Symbol 'LFWD' an der Nasdaq gehandelt. Der neue Name wird ab dem 13. September 2024 für den Handel wirksam sein.
- Completed corporate rebranding initiative, reflecting an expanded mission
- Maintained consistent trading symbol 'LFWD' on Nasdaq for investor continuity
- None.
Following approval by the shareholders and the Israel Companies Registrar, Lifeward has completed is rebranding initiative with a formal name change of the parent company in Israel
MARLBOROUGH, Mass. and YOKNEAM ILLIT, Israel, Sept. 12, 2024 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (DBA Lifeward®) (Nasdaq: LFWD) (“Lifeward” or the “Company”), a global market leader delivering life-changing solutions to revolutionize what is possible in rehabilitation, recovery, and the pursuit of life’s passions in the face of physical limitation or disability, is pleased to announce that the Company has formally changed its name from ReWalk Robotics Ltd. to Lifeward Ltd. in completion of the rebranding initiative originally announced on January 29, 2024. The name change follows shareholder approval received on September 4, 2024, as well as the approval of the name change by the Israel Companies Registrar on September 10, 2024.
“We are pleased to have finalized this corporate rebrand so quickly after shareholder approval,” said Larry Jasinski, Chief Executive Officer at Lifeward. “The transformation of our corporate identity from ReWalk Robotics into Lifeward is reflective of the Company’s expanded mission to elevate the standard of care in overcoming physical limitations and disabilities and to empower individuals to do what they love.”
The Company’s subsidiaries in the United States and Germany have previously completed name changes earlier this year to align with the Lifeward brand. The Company’s trading symbol has also already been changed as part of the rebrand and will remain trading under "LFWD". Effective as of market open on September 13, 2024, the Company will begin trading under its new name.
About Lifeward
Lifeward designs, develops, and commercializes life-changing solutions that span the continuum of care in physical rehabilitation and recovery, delivering proven functional and health benefits in clinical settings as well as in the home and community. Our mission at Lifeward is to relentlessly drive innovation to change the lives of individuals with physical limitations or disabilities. We are committed to delivering groundbreaking solutions that empower individuals to do what they love. The Lifeward portfolio features innovative products including the ReWalk Exoskeleton, the AlterG Anti-Gravity system, the MyoCycle FES System, and the ReStore Exo-Suit.
Founded in 2001, Lifeward has operations in the United States, Israel, and Germany. For more information on the Lifeward product portfolio, please visit GoLifeward.com.
Lifeward®, ReWalk®, ReStore® and Alter G® are registered trademarks of Lifeward Ltd. and/or its affiliates.
Forward-Looking Statements
In addition to historical information, this press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements may include projections regarding Lifeward's future performance and future regulatory interactions and other statements that are not statements of historical fact and, in some cases, may be identified by words like "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "future," "will," "should," "would," "seek" and similar terms or phrases. The forward-looking statements contained in this press release are based on management's current expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of Lifeward’s control. Important factors that could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements are more fully discussed in the Company’s periodic filings with the Securities and Exchange Commission (“SEC”), including the risk factors described under the heading "Risk Factors" in the Company’s annual report on Form 10-K and 10-K/A for the year ended December 31, 2023 filed with the SEC and other documents subsequently filed with or furnished to the SEC. Any forward-looking statement made in this press release speaks only as of the date hereof. Factors or events that could cause the Company’s actual results to differ from the statements contained herein may emerge from time to time, and it is not possible for the Company to predict all of them. Except as required by law, Lifeward undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.
Lifeward Media Relations:
Kathleen O’Donnell
VP Marketing & New Business Development
Lifeward
E: media@golifeward.com
Lifeward Investor Contact:
Mike Lawless
Chief Financial Officer
Lifeward
E: ir@golifeward.com
FAQ
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