0001144204-16-074549.txt : 20160107 0001144204-16-074549.hdr.sgml : 20160107 20160107093024 ACCESSION NUMBER: 0001144204-16-074549 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20160107 FILED AS OF DATE: 20160107 DATE AS OF CHANGE: 20160107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SuperCom Ltd CENTRAL INDEX KEY: 0001291855 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33668 FILM NUMBER: 161329070 BUSINESS ADDRESS: STREET 1: 1 ARIE SHENKAR STREET CITY: HERTZLIYA STATE: L3 ZIP: 4672501 BUSINESS PHONE: 972-9-889-0800 MAIL ADDRESS: STREET 1: 1 ARIE SHENKAR STREET CITY: HERTZLIYA STATE: L3 ZIP: 4672501 FORMER COMPANY: FORMER CONFORMED NAME: Vuance Ltd DATE OF NAME CHANGE: 20101019 FORMER COMPANY: FORMER CONFORMED NAME: Vuance DATE OF NAME CHANGE: 20070508 FORMER COMPANY: FORMER CONFORMED NAME: SuperCom Ltd. DATE OF NAME CHANGE: 20040526 6-K 1 v428553_6k.htm FORM 6-K

 

UNITED STATES

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 January, 2016

 


 

SUPERCOM LTD.

(Translation of Registrant’s name into English)


 

1, Shenkar Street,

Hertzliya Pituach,

Israel

 

(Address of principal executive office)


 

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  x    Form 40-F  ¨

 

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  ¨    No  x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-             

 

 

 

 

SuperCom Ltd. (the "Registrant") announces in a press release that it Increases Share Repurchase Program to Two Million Shares. Attached hereto as Exhibits 99.1 is the Press Release

 

 

 

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.

 

SuperCom Ltd.

By: /s/ Arie Trabelsi

Name: Arie Trabelsi

Title: Chief Executive Officer

 

Date: January 7, 2016

 

 

 

 

EX-99.1 2 v428553_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

 

 

 

For Immediate Release

 

 

 

SuperCom Increases Share Repurchase Program to Two Million Shares

 

Board authorizes repurchase of one million additional shares following the completion of a one million share buyback

 

Herzliya, Israel, January 7, 2016 – SuperCom Ltd (NASDAQ: SPCB), a global provider of secure solutions for e-Government, Public Safety, HealthCare, and Finance sectors today announced that the company has repurchased one million ordinary shares in open market transactions at an average price of $ 4.86 per share since announcing its repurchase plan on September 24, 2015.

 

Mr. Arie Trabelsi, President and Chief Executive Officer of SuperCom, commented, “Since we believe that our share price is undervalued,we have purchased one million shares in the last 90 days. Moreover, the recent board authorization to increase the size of our repurchase program to two million shares demonstrates our continued confidence in the company’s future.”

 

Under the program authorized by its Board of Directors, SuperCom may purchase shares in open market transactions. The extent to which SuperCom repurchases its shares and the timing of such repurchases is at the discretion of SuperCom’s management and will depend upon market conditions and other corporate considerations. The purchases are expected to be funded with existing cash on hand. The duration of the program is open-ended, does not require the purchase of any minimum number of shares and may be suspended or discontinued at any time.

 

 

About SuperCom

 

Since 1988, SuperCom has been a leading global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secured Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers advanced, secure mobile payments ranging from mobile wallet to mobile POS, using a set of components and platforms to enable secure mobile payments and financial services. SuperCom is a global provider of a unique all-in-one field-proven RFID & mobile PureSecurity and PureHealth advanced solutions suite, accompanied by advanced complementary Cyber Security services and technologies for various industries, including Government, Public Safety, HealthCare, and Finance sectors.

 

SuperCom’s website is http://www.supercom.com

 

1 

 

 

Investor Relations Contacts:

Company Contact:
Brett Maas / Rob Fink Ordan Trabelsi, President, Americas
Hayden IR  
(646) 536.7331 / (646) 415.8972 Tel: 1 212 675 4606
 brett@haydenir.com ordan@supercom.com
   

 

 

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends. Investors should also consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in the Company's periodic reports under the Securities Exchange Act of 1934, as amended, in connection with any forward-looking statements that may be made by the Company. These statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release.

 

2 

 

 

 

 

 

GRAPHIC 3 image_001.jpg GRAPHIC begin 644 image_001.jpg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end