Lifeward Ltd. has announced that it has successfully appointed new members to its Audit Committee, thereby regaining compliance with Nasdaq Listing Rule 5605(c)(2)(A). This rule mandates that listed companies maintain an audit committee consisting of at least three members. The company received a notice from the Nasdaq Listing Qualifications Department indicating that it had fallen out of compliance following the resignation of Hadar Levy from both the Board of Directors and the Audit Committee. The Nasdaq provided a cure period for Lifeward to rectify this situation, which extends until the earlier of the company's next annual meeting of shareholders or February 24, 2027. However, if the annual meeting occurs before August 24, 2026, the company must demonstrate compliance by that date. On March 30, 2026, Lifeward received confirmation from Nasdaq that the appointments of Moshe Rozenbaum, William Mark Sigsbee, and Yehuda Reznick to the Audit Committee have restored compliance, effectively closing the matter. This development is expected to have a small positive effect on the company's stock price as it alleviates concerns regarding governance and compliance with regulatory standards.

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