[6-K] PAINREFORM LTD. Current Report (Foreign Issuer)
PainReform Ltd. filed a Form 6-K reporting that on October 1, 2025 it issued a press release announcing its financial results for the six months ended June 30, 2025 and furnished unaudited condensed financial statements and an operating and financial review for that period.
The filing also discloses a board change: Professor Eli Hazum resigned effective September 30, 2025 for personal reasons, expressly not due to any disagreement with management, and Asaf Shavit was appointed to the Board effective immediately; Mr. Shavit is a Certified Public Accountant with 35+ years of audit, tax and financial advisory experience.
- Unaudited condensed financial statements and an operating and financial review for the six months ended June 30, 2025 were published, increasing transparency
- Experienced board appointment: Asaf Shavit brings 35+ years in audit, tax and financial advisory and is a Certified Public Accountant
- Resignation of a board member: Professor Eli Hazum resigned effective September 30, 2025, reducing board continuity
- Financial statements are unaudited, meaning the interim results are preliminary and not audited within this filing text
Insights
TL;DR: Company provided interim financials and an operating review; no audited results included and no indication of disagreement on board change.
The filing confirms the company published unaudited condensed financial statements for the six months ended June 30, 2025 and an accompanying operating and financial review, which are material for assessing recent performance but remain unaudited and therefore preliminary. The disclosure meets routine investor transparency expectations for a foreign private issuer. There is no additional financial data in this filing text to evaluate trends, margins or cash position; investors must review the attached exhibits for numeric details.
TL;DR: Board turnover occurred with an independent-seeming resignation and an immediate appointment of an experienced audit professional.
The resignation of Professor Eli Hazum is explicitly stated to be for personal reasons and not due to disagreement with management, which reduces immediate governance risk. The appointment of Asaf Shavit, a long-tenured audit and advisory partner and CPA, strengthens financial oversight capabilities on the Board given his expertise in audits, M&A and cross-border transactions. Documentation does not indicate committee assignments or independence classifications; those details should be confirmed in the company’s proxy or subsequent filings.