IM Cannabis Corp. (IMCC) appoints Asi Levi as chief financial officer
Rhea-AI Filing Summary
IM Cannabis Corp. appointed Asi Levi as its chief financial officer, effective immediately. He replaces former CFO Uri Birenberg, who resigned from the role for personal reasons.
Levi brings over 15 years of experience in finance and controlling positions, including prior CFO roles at Water Ways Technologies Inc. and DekelOil CI, and controller roles at SciSparc Ltd. and A2Z Cust2Mate Solutions Corp., with expertise in fundraising, financial planning, budgeting, and cash flow management under IFRS and other standards. The company expects to enter into its standard indemnification agreement with Levi on terms consistent with those for its other directors and executive officers, and this leadership change is incorporated by reference into IM Cannabis’s existing registration statements on Form F-3.
Positive
- None.
Negative
- None.
Insights
IM Cannabis installs an experienced CFO as the prior finance chief departs for personal reasons, suggesting a routine but important leadership transition.
IM Cannabis Corp. has appointed Asi Levi as chief financial officer, effective immediately, following the resignation of former CFO Uri Birenberg for personal reasons. A CFO oversees financial reporting, planning, and cash management, so continuity in this role is important for any public company.
Levi’s background includes more than 15 years in finance and controlling roles, such as serving as CFO of Water Ways Technologies Inc. and DekelOil CI, and as controller at SciSparc Ltd. and A2Z Cust2Mate Solutions Corp. The filing notes his experience with fundraising, financial planning, budgeting, and cash flow management under IFRS and other standards, which supports the company’s reporting and capital-raising needs.
The company expects to enter its standard form of indemnification agreement with Levi on the same terms used for other directors and executive officers, indicating no special arrangements. This leadership change is also incorporated by reference into existing registration statements on Form F-3, ensuring that current offering documents reflect the updated management team.
FAQ
Who is the new chief financial officer of IM Cannabis Corp. (IMCC)?
Asi Levi has been appointed as the chief financial officer of IM Cannabis Corp., effective immediately as of December 11, 2025.
Who did Asi Levi replace as CFO at IM Cannabis Corp. (IMCC) and why did they resign?
Asi Levi replaces Uri Birenberg, who resigned from his position as chief financial officer of IM Cannabis Corp. for personal reasons.
What experience does Asi Levi bring to IM Cannabis Corp. (IMCC)?
Asi Levi has over 15 years of experience in finance and controlling roles, including serving as CFO of Water Ways Technologies Inc. and DekelOil CI, and as controller at SciSparc Ltd. and A2Z Cust2Mate Solutions Corp., with work in fundraising, financial planning, budgeting, and cash flow management under IFRS.
Are there any related party transactions involving new CFO Asi Levi at IM Cannabis (IMCC)?
The company states there are no related party transactions involving Asi Levi that are required to be disclosed under Item 7.B of Form 20-F.
Will IM Cannabis Corp. (IMCC) enter an indemnification agreement with Asi Levi?
IM Cannabis expects to enter into its standard form of indemnification agreement with Asi Levi, on the same terms used for its other directors and executive officers.
How is the CFO appointment reflected in IM Cannabis Corp. (IMCC) SEC documents?
The CFO change is reported in a Form 6-K and is incorporated by reference into IM Cannabis Corp.’s registration statements on Form F-3 (File Nos. 333-289571 and 333-288346).