Actelis Networks eliminates Americas CRO role

Q: What organizational change did Actelis Networks (ASNS) disclose?

Actelis Networks disclosed that it will eliminate the Chief Revenue Officer, Americas position as part of ongoing organizational restructuring and cost-reduction efforts, removing this role from its leadership structure.

Q: When will Mark DeVol leave Actelis Networks (ASNS)?

Mark DeVol will leave Actelis Networks effective August 1, 2026. His departure coincides with the company’s decision to eliminate the Chief Revenue Officer, Americas position as part of its restructuring and cost-reduction efforts.

Q: Did Mark DeVol have any disagreement with Actelis Networks (ASNS)?

The company states that Mr. DeVol’s termination did not arise or result from any disagreement with Actelis Networks on matters relating to its operations, policies, or practices, indicating an absence of reported internal dispute.

Q: What position did Mark DeVol hold at Actelis Networks (ASNS)?

Mark DeVol held the position of Chief Revenue Officer, Americas at Actelis Networks. This is the specific executive role the company has decided to eliminate effective August 1, 2026, as part of its restructuring efforts.

Q: Is Actelis Networks (ASNS) identified as an emerging growth company?

Yes, Actelis Networks is identified as an emerging growth company under applicable securities regulations. This status can provide certain regulatory accommodations compared with more seasoned public companies.

Actelis Networks, Inc. is eliminating the position of Chief Revenue Officer, Americas as part of ongoing organizational restructuring and cost-reduction efforts.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

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Form Type

8-K

Rhea-AI Filing Summary

Actelis Networks, Inc. is eliminating the position of Chief Revenue Officer, Americas as part of ongoing organizational restructuring and cost-reduction efforts. The role, held by Mark DeVol, will end and he will leave the company effective August 1, 2026.

The company states that Mr. DeVol’s employment termination did not arise or result from any disagreement regarding its operations, policies, or practices.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Figures

Effective termination date: August 1, 2026

1 metrics

Effective termination date August 1, 2026 Date the Chief Revenue Officer, Americas position is eliminated and Mark DeVol leaves

Key Terms

organizational restructuring, cost-reduction efforts, Emerging growth company

3 terms

organizational restructuring financial

"As part of its ongoing organizational restructuring and cost-reduction efforts"

Organizational restructuring is a planned change to a company’s internal setup — its departments, reporting lines, workforce size, or ownership of business units — intended to improve efficiency, reduce costs, or refocus on different products or markets. Investors care because restructuring can change future profits, cash flow and risk: like reworking a house’s layout to make it more livable, it can raise value if done well or signal trouble if it disrupts operations or hides deeper problems.

cost-reduction efforts financial

"As part of its ongoing organizational restructuring and cost-reduction efforts"

Emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What organizational change did Actelis Networks (ASNS) disclose?

Actelis Networks disclosed that it will eliminate the Chief Revenue Officer, Americas position as part of ongoing organizational restructuring and cost-reduction efforts, removing this role from its leadership structure.

When will Mark DeVol leave Actelis Networks (ASNS)?

Mark DeVol will leave Actelis Networks effective August 1, 2026. His departure coincides with the company’s decision to eliminate the Chief Revenue Officer, Americas position as part of its restructuring and cost-reduction efforts.

Why is the Chief Revenue Officer, Americas role being eliminated at ASNS?

The Chief Revenue Officer, Americas role is being eliminated as part of ongoing organizational restructuring and cost-reduction efforts. Actelis Networks links this leadership change directly to its broader initiative to streamline operations and reduce expenses.

Did Mark DeVol have any disagreement with Actelis Networks (ASNS)?

The company states that Mr. DeVol’s termination did not arise or result from any disagreement with Actelis Networks on matters relating to its operations, policies, or practices, indicating an absence of reported internal dispute.

What position did Mark DeVol hold at Actelis Networks (ASNS)?

Mark DeVol held the position of Chief Revenue Officer, Americas at Actelis Networks. This is the specific executive role the company has decided to eliminate effective August 1, 2026, as part of its restructuring efforts.

Is Actelis Networks (ASNS) identified as an emerging growth company?

Yes, Actelis Networks is identified as an emerging growth company under applicable securities regulations. This status can provide certain regulatory accommodations compared with more seasoned public companies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/29/2026 - 04:30 PM EDT

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): July 29, 2026

Actelis Networks, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-41375

52-2160309

(State or other jurisdiction

of incorporation)

(Commission File Number)

(I.R.S. Employer

Identification Number)

710 Lakeway Drive, Suite 200, Sunnyvale, CA 94805

(Address of principal executive offices)

(510) 545-1045

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

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 (see General Instructions A.2. below):

☐	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(s)		Name of each exchange on which registered
None		N/A		N/A

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 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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 8.01. Other Events.

As part of its ongoing organizational restructuring and cost-reduction efforts, Actelis Networks, Inc. (the “Company”) has decided to eliminate the position of Chief Revenue Officer, Americas effective August 1, 2026. The Chief Revenue Officer, Americas position was held by Mark DeVol, who will leave the Company effective the same date. Mr. DeVol’s employment termination did not arise or result from any disagreement with the Company on any matters relating to the Company’s operations, policies, or practices.

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 hereunto duly authorized.

	ACTELIS NETWORKS, INC.

Dated: July 29, 2026	By:	/s/ Yoav Efron
	Name:	Yoav Efron
	Title:	Deputy Chief Executive Officer and Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents