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Leadership reshuffle at PRF Technologies (PRFX) brings new interim CEO and CFO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

PRF Technologies Ltd. reported several leadership changes. The board appointed Efi Cohen-Arazi as interim CEO, effective immediately, replacing Ehud Geller, who will remain Executive Chairman. Cohen-Arazi stepped down from the Audit and Compensation Committees, and director Asaf Shavit was appointed to both committees.

The company also confirmed Eyal Broder, previously interim CFO since October 2024, as permanent CFO with no changes to his existing compensation terms. The board stated that the committee resignations and CEO transition were not due to any disagreement with the company or its management. The filing also highlights the extensive industry and financial experience of Cohen-Arazi, Broder and Shavit.

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Insights

PRF refreshes top leadership while maintaining board continuity.

PRF Technologies Ltd. has shifted its senior management by appointing Efi Cohen-Arazi as interim CEO and confirming Eyal Broder as permanent CFO. Governance continuity is preserved as former interim CEO Ehud Geller continues as Executive Chairman and Cohen-Arazi stays on the board.

The company explicitly notes that both the committee changes and the CEO transition were not driven by disagreements over operations, policies or practices. This language aims to reduce concerns that the leadership shift reflects internal conflict or strategic turmoil.

The appointment of independent director Asaf Shavit to the Audit and Compensation Committees, with the board affirming his independence under SEC and Nasdaq rules, helps reinforce oversight of financial reporting and executive pay. Future company disclosures can clarify how this refreshed leadership team influences strategy and operating execution.



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
of the Securities Exchange Act of 1934
 
For the month of March 2026
 
Commission File Number: 001-39481
 
PRF Technologies Ltd.
(Translation of registrant’s name into English)
 
65 Yigal Alon St., Tel Aviv 6744316
Israel
(Address of principal executive offices)
 
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 ☒             Form 40-F ☐

This Form 6-K is incorporated by reference into the Company’s Registration Statements on Form S-8 (Registration No. 333-257968 and 333-265902) and the Company’s Registration Statements on Form F-3 (Registration No. 333-282264, 333-254982, 333-276485, 333-277594, 333-283655 and 333-286941), to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.



On February 25, 2026, the Board of Directors (the “Board”) of PRF Technologies Ltd. (the “Company”) appointed Mr. Efi Cohen-Arazi as interim Chief Executive Officer (“CEO”) of the Company, effective immediately, replacing Mr. Ehud Geller, who concurrently ceased serving as interim CEO. Mr. Geller will continue to serve as Executive Chairman of the Board. In connection with this appointment, Mr. Cohen-Arazi resigned, effective immediately, from the Audit Committee and Compensation Committee, but will continue to serve as a member of the Board. The Board appointed Mr. Asaf Shavit, effective immediately, to fill the resulting vacancies on both committees. Additionally, the Board appointed Mr. Eyal Broder, who has been serving as interim Chief Financial Officer (“CFO”) of the Company since October 2024, as CFO on a permanent basis.

Except for the change in position, Mr. Broder’s compensation and the terms and conditions of his existing employment agreement remain unchanged. The Company expects to enter into an employment agreement with Mr. Cohen-Arazi in connection with his appointment as the interim CEO.

The Board has determined that Mr. Shavit is independent under the applicable rules of the SEC and The Nasdaq Stock Market.

The resignations of Mr. Cohen-Arazi and Mr. Geller from the Audit and Compensation Committees of the Board and as the interim CEO, respectively, were not the result of any disagreement with the Company, the Board or the Company’s management on any matter relating to the Company’s operations, policies, practices or otherwise.

Background of New Interim CEO, CFO and Member of the Audit and Compensation Committees

Mr. Efi Cohen-Arazi has served as a director of the company since 2020. Mr. Arazi was the Co-Founder & CEO of Rainbow Medical, Israel’s leading medical device innovation house since 2008. From 2004 to 2006 Mr. Cohen Arazi served as the CEO and Co-Founder of IntecPharma Ltd. and as Chairman of CollPlant Ltd. since 2006. Mr. Cohen Arazi served as a board director for numerous biotech/medtech companies since 2005. Mr. Cohen-Arazi was the Senior VP Head of Operations at Immunex Corporation in Seattle, Washington until 2002 when it was acquired by Amgen where he served as VP and General Manager of the TO site in California. Mr. Cohen Arazi served at Merck-Serono Group in Switzerland and Israel between 1988 and 2000. Mr. Cohen-Arazi graduated summa cum laude with a M.Sc. degree from the Hebrew University of Jerusalem, Israel.

Mr. Eyal Broder has served as the Company’s Interim CFO since October 2024, and as the Company’s Finance Director since February 2023. Previously, Mr. Broder served as CFO at several industry-leading companies, including Inomize, Tradenet Group, Elbit Imaging India and Director of Finance at Koor Industries Ltd. Mr. Broder holds a BA in Accounting and Economics and an MBA in Business Management, both from Tel Aviv University.

Mr. Asaf Shavit has served as a director of the Company since September 2025. Mr. Shavit has more than 35 years of experience providing audit, tax and financial advisory services to public and private companies, including public corporations and subsidiaries of foreign entities. His areas of expertise include audits of financial statements, budget planning and control, taxation, mergers and acquisitions, corporate liquidations, valuations, and complex cross-border and capital markets transactions. He currently serves as Managing Partner at Moalem-Shavit & Co., Certified Public Accountants, since 1995, where he leads a team of more than 14 professionals. Mr. Shavit holds a B.A. in Accounting, Economics and Business Management and an M.B.A. in Business Management with a concentration in Finance and Banking. He is also a Certified Public Accountant.


 
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.
 
Date: March 3, 2026
PRF TECHNOLOGIES LTD.
 
 
 
By:
/s/ Ehud Geller
 
 
Ehud Geller
Executive Chairman of the Board
 

 

FAQ

What leadership changes did PRFX announce in this Form 6-K?

PRF Technologies Ltd. appointed Efi Cohen-Arazi as interim CEO and confirmed Eyal Broder as permanent CFO. Former interim CEO Ehud Geller remains Executive Chairman, and director Asaf Shavit joined the Audit and Compensation Committees to replace Cohen-Arazi on those committees.

Did PRFX indicate any disagreements behind the CEO and committee changes?

The company stated the resignations from the Audit and Compensation Committees and the change in interim CEO were not due to any disagreement. It specifically referenced no disputes regarding operations, policies, practices or other matters with the company, its board, or management.

Who is the new interim CEO of PRF Technologies Ltd. (PRFX)?

The board appointed Efi Cohen-Arazi as interim CEO. He has served as a director since 2020 and previously led Rainbow Medical, co-founded IntecPharma, chaired CollPlant, and held senior roles at Immunex, Amgen, and Merck-Serono, bringing extensive biotech and medtech experience.

What is the status of PRFX’s Chief Financial Officer role?

PRF Technologies Ltd. appointed Eyal Broder as permanent CFO after serving as interim CFO since October 2024. His compensation and employment terms remain unchanged, and his background includes CFO and senior finance roles at several technology and industrial companies in Israel and abroad.

Who joined the Audit and Compensation Committees at PRFX?

Director Asaf Shavit was appointed to fill vacancies on both the Audit and Compensation Committees. The board determined he is independent under SEC and Nasdaq rules. Shavit is a veteran certified public accountant with more than 35 years’ experience in audit, tax, and financial advisory work.

Will PRFX enter a new employment agreement with the interim CEO?

The company expects to enter into an employment agreement with interim CEO Efi Cohen-Arazi. This would formalize the terms of his interim leadership role, while confirming that only his position, not existing terms for CFO Eyal Broder, is changing at this stage.
PRF Technologies Ltd.

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