Semantix Announces CFO Resignation and Succession Plan
January 10 2024 - 8:03AM
Semantix, Inc. (“Semantix” or “the Company”) (NASDAQ: STIX), a
leading Latin American enterprise AI platform and applications
provider, today announces the resignation of Mr. Adriano Alcalde,
Chief Financial Officer, to be effective on May 1, 2024.
Mr. Alcalde has served as Chief Financial
Officer & IR of the Company since June 2020, contributing
significantly to its financial success and growth. The Company is
committed to ensuring a seamless transition and has already
initiated a thorough search for a qualified successor. During this
interim period, Mr. Alcalde will work closely with the executive
team to facilitate a smooth handover of responsibilities.
“We want to express our gratitude to Mr. Alcalde
for his dedicated service and contributions to the success of
Semantix. We respect his decision and are confident in his
commitment to supporting a smooth transition”, said Leonardo
Santos, CEO of Semantix.
The Board of Directors and executive leadership
team are actively engaged in the succession planning process, and
updates on the progress will be communicated promptly to
stakeholders. The company remains focused on its strategic
objectives and is optimistic about the future.
Semantix assures shareholders, investors, and
the market at large that the resignation of Mr. Alcalde will not
impact day-to-day operations, and it is committed to maintaining
financial excellence.
Investor ContactAdriano AlcaldeChief Financial
Officer & IRir@semantix.ai
Press
Contactsemantix@rpmacomunicacao.com.brSource: Semantix,
Inc
About Semantix
Semantix is Latin America’s first fully
integrated data and enterprise AI software
platform. Semantix has more than 300 clients with
operations in approximately 15 countries using Semantix’s software
and services to enhance their businesses. The company was founded
in 2010 by CEO Leonardo Santos. For more information,
visit www.semantix.ai.
Semantix Forward Looking
Statements:
This press release contains certain
forward-looking statements within the meaning of the federal
securities laws, including, but not limited to, statements
regarding Semantix, Inc.’s intentions with respect to regaining
compliance with the Listing Rules (including the possibility of
implementing a reverse stock split and any beneficial effect
thereof) and the anticipated impact of the Notice on its
operations. These forward-looking statements generally are
identified by the words “believe,” “project,” “expect,”
“anticipate,” “estimate,” “intend,” “strategy,” “future,”
“opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,”
“will continue,” “will likely result,” and similar expressions.
Forward-looking statements are predictions, projections, and other
statements about future events that are based on management’s
current expectations with respect to future events and are based on
assumptions and subject to risk and uncertainties and subject to
change at any time. Actual events or results may differ materially
from those contained in the projections or forward-looking
statements. Factors that could cause actual future events to differ
materially from the forward-looking statements in this
communication include those discussed in Semantix’s filings with
the U.S. Securities and Exchange Commission (“SEC”), including in
the section titled “Risk Factors” in our Annual Report on Form 20-F
for the year ended December 31, 2022 (the “2022 Form 20-F”) on file
with the SEC, all of which are available at www.sec.gov.
Forward-looking statements speak only as of the date they are made.
You are cautioned not to put undue reliance on forward-looking
statements, and the Company assumes no obligation to, and does not
intend to, update, or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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