Citrine Global names experienced director; subsidiary holds 69.5% of SkyTech Orion

Rhea-AI Filing Summary

Citrine Global Corp. disclosed information about Lior Asher, describing him as a senior executive with more than 20 years of experience in high‑tech investments and a Director of SkyTech Orion Israel and Citrine Global Israel (CTGL). The filing notes that Citrine Global Israel is the company’s wholly owned subsidiary and that it holds a 69.5% ownership interest in SkyTech Orion Ltd. Mr. Asher is also identified as owner and director of Or HaTzvi Group and as serving advisory and investment roles with several other technology companies. His academic background includes a BA in Law from Tel Aviv University (2005). The filing is signed by Ora Elharar Soffer.

Positive

• Experienced executive added: >20 years in high‑tech investments provides operational and dealmaking expertise
• Clear ownership disclosure: Subsidiary holds 69.5% of SkyTech Orion Ltd., improving transparency about related interests
• Diverse industry links: Roles across technology, industrial engineering, and investment firms may expand strategic network

Negative

• Related‑party concentration: 69.5% ownership via a subsidiary could raise governance and conflict‑of‑interest risks
• Multiple external roles: Mr. Asher’s concurrent positions and ownerships may create potential recusal needs for board decisions
• Limited transactional detail: Filing does not disclose any agreements, compensation, or changes in responsibilities tied to these relationships

Insights

Corporate Governance Analyst

New disclosure highlights an experienced director with significant related‑party interests.

The disclosure lists Lior Asher as a senior executive and director with over 20 years of investment experience and connects him to a group that controls 69.5% of SkyTech Orion Ltd. That ownership stake through a wholly owned subsidiary signals a notable related‑party relationship between the company and SkyTech Orion.

This creates routine governance considerations: board independence, potential conflicts from Mr. Asher’s ownership and business ties to Or HaTzvi Group and other portfolio companies, and the need for transparent related‑party disclosure and recusal policies in decisions affecting SkyTech Orion. Monitor any future disclosures of transactions, agreements, or board votes that reference these relationships within the next 12 months.

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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):

October 5^th, 2025

Commission File Number: 000-55680

CITRINE GLOBAL, CORP.

Delaware		68-0080601
(State or Other Jurisdiction Of incorporation)		(IRS Employer Identification Number)

5 Golden Beach, Caesarea Israel, Israel		3088900
(Address of Principal Executive Offices)		(Area Code)

+ (972) 9 855 1422

(Registrant’s telephone number, including area code)

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(s)		Name of each exchange on which registered
Common		CTGL

Indicate by check mark whether the registrant is an emerging growth company as defined in 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 5.02 – DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.

On October 5^th, 2025, the Board of Directors appointed Lior Asher as a Director, joining the current Board.

Mr. Asher is a senior executive with more than 20 years of experience in investments within the high-tech industry. Lior is a Director of Skytech Orion Israel; as well as Citrine Global Israel CTGL, the Company’s wholly owned subsidiary, which holds a 69.5% ownership interest in SkyTech Orion Ltd. Additionally, Lior is the owner and director of Or HaTzvi Group, a major industrial conglomerate in advanced engineering, architectural and construction solutions for both commercial and defense sectors. Mr. Asher also serves in advisory and investment roles with Citrine SAL Investment Ltd., iBOT Israel Botanicals Ltd., G2G Ltd., and other companies active in technology and innovation. Lior obtained his BA in Law from Tel Aviv University (2005).

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.

Date: October 10^th, 2025

	Citrine Global Corp.
	By:	/s/ Ora Elharar Soffer
		Ora Elharar Soffer

FAQ

What did CTGL disclose about Lior Asher in the 8‑K?

The filing states Mr. Asher is a senior executive with more than 20 years of high‑tech investment experience and a Director of both SkyTech Orion Israel and Citrine Global Israel.

How much ownership does the subsidiary hold in SkyTech Orion Ltd.?

Citrine Global Israel, the company’s wholly owned subsidiary, holds a 69.5% ownership interest in SkyTech Orion Ltd.

Does the filing describe any transactions or compensation related to Mr. Asher?

No. The disclosure provides biographical and ownership details but does not list transactions, compensation, or contractual terms.

Are there potential governance concerns from this disclosure?

Yes. The 69.5% related‑party stake and Mr. Asher’s multiple external roles could create conflicts requiring board recusal and enhanced disclosure.

What is Mr. Asher’s educational background per the filing?

He obtained a BA in Law from Tel Aviv University in 2005.