UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF
FOREIGN PRIVATE ISSUER
PURSUA NT
TO
RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES
EXCHANGE ACT OF 1934
For
the
month of August, 2007
Commission
File No. 000-50790
VUANCE
LTD.
(f/k/a
Supercom LTD.)
(Translation
of registrant’s name into English)
Sagid
House “Hasharon Industrial Park”
P.O.B.
5039
Qadima
60920, ISRAEL
(Address
of principal executive offices)
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 x
Form 40-F o
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): ____
Indicate
by check mark whether the registrant by furnishing the information contained
in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o
No
x
If
"Yes"
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-_______.
At
the
Extraordinary General Meeting of Shareholders of Vuance Ltd., a company
organized under the laws of Israel (the “Registrant”), held on August 15, 2007,
the shareholders of the Registrant resolved:
(1)
To
re-elect Eli Rozen, Avi Landman and Jaime Shulman to the board of directors
of
the Registrant.
(2)
To
ratify and approve the grant to Mr. Jaime Shulman of options to purchase 20,400
Ordinary Shares of the Registrant, NIS 0.0588235 nominal value each, at an
exercise price of $5.00 per Ordinary Share, under the terms of the Registrant’s
2003 Israeli Share Option Plan, which options shall vest in three consecutive,
equal yearly installments commencing on November 15, 2006.
(3)
To
approve the Registrant's 2007 U.S. Stock Option Plan.
(4)
To
approve the purchase agreement, dated July 3, 2007, between SuperCom Inc. and
the shareholders of Security Holding Corp. which the entering into of was
reported on the form 6-K filed on July 5, 2007.
(5)
To
amend the Memorandum of Association and Articles of Association of the
Registrant by increasing the authorized (registered) share capital of the
Registrant to NIS 705,882, consisting of 12,000,000 Ordinary Shares of NIS
0.0588235 each.
(6)
To
replace the existing Articles of Association of the Registrant with new Articles
of Association attached hereto as Exhibit 3.1.
(7)
To
appoint Fahn Kanne & Co., as the Registrant’s independent external
accountant-auditor for the fiscal year 2007 and to authorize the board of
directors of the Registrant (or, the Audit Committee, if authorized by the
Board
of Directors) to fix the remuneration of such independent accountant-auditor
in
accordance with the volume and nature of their services.
In
addition, during the General Meeting, the audited financial statements of the
Registrant for December 31, 2006 have been presented to and discussed by the
shareholders of the Registrant.
|
Exhibit
3.1
|
Amended
articles of associations of Vuance Ltd.
|
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.
| |
|
|
| |
VUANCE
LTD.
|
|
|
|
| |
By: |
/s/ Lior
Maza |
| |
Name:
Lior Maza |
| Date:
August 20 ,
2007 |
Title:
Chief Financial Officer |
Exhibit
Index
|
Exhibit
No.
|
Description
of Exhibit
|
Incorporation
by Reference
|
|
Exhibit
3.1
|
Amended
articles of associations of Vuance Ltd.
|
Previously
submitted to the Securities and Exchange Commission, and incorporated
herein by Reference, as Exhibit A to Exhibit 1 to the Registrant
report on
the Form 6-k (file number 000-50790) submitted on July 5, 2007.
|