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

under the Securities Exchange Act of 1934

 

For the month of December 2023

 

Commission file number: 001-41334

 

RAIL VISION LTD.

(Translation of registrant’s name into English)

 

15 Ha’Tidhar St

Ra’anana, 4366517 Israel

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F        Form 40-F 

 

 

 

 

 

 

CONTENTS

 

Rail Vision Ltd. (the “Company”) is in a process of reducing its operational costs and a reduction in force. The Company expects the resource adjustment to result in a significant reduction in fixed costs, including salaries and professional services. On December 18, 2023, the Company undertook a reduction in the Company’s employee base by 12 employees representing approximately 20% of the Company’s workforce. The Company will continue to evaluate its needed resources on an ongoing basis.

 

This Report is incorporated by reference into the Registrant’s Registration Statements on Form F-3 (File Nos. 333-271068 and 333-272933) and Form S-8 (Registration No. 333-265968), filed with the Securities and Exchange Commission, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

 

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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.

 

  Rail Vision Ltd.
   
Date: December 18, 2023 By: /s/ Ofer Naveh
    Name:  Ofer Naveh
    Title: Chief Financial Officer

 

 

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