UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT
OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the
month of August 2022
Commission File Number: 001-38866
Tufin Software Technologies Ltd.
(Translation of registrant’s name into English)
Tufin
Software Technologies Ltd.
5
HaShalom Road, ToHa Tower
Tel
Aviv 6789205, 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.
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): ☐
Tufin
Software Technologies Ltd. (the “Company”) previously announced a merger
on April 6, 2022 involving subsidiaries of Turn/River Capital
Management LP (“Turn/River”), whereby the Company will
be acquired by Turn/River, a software-focused investment firm, in
an all-cash transaction valued at approximately $570 million (the
“merger”).
The
Company hereby announces that on August 23, 2022, the Romanian
Competition Council has cleared the merger under the foreign
investment law of Romania by issuing a decision of non-objection.
The merger remains subject to customary closing conditions, as
further described in the merger agreement furnished to the SEC on a
Report of Foreign Private Issuer on Form 6-K on April 6, 2022, and
the Company and Turn/River expect to close the merger on August 25,
2022.
The
contents of this Form 6-K are hereby incorporated by reference into
the Company’s registration statements on Form F-3 (File No.
333-239715) and Form S-8
(File Nos. 333-231985, 333-237291, 333-253994
and 333-264612).
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Information provided in this Report of Foreign Private Issuer on
Form 6-K contains forward-looking statements, within the meaning of
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Exchange Act that involve risks and
uncertainties. Forward-looking statements include, but are not
limited to: statements about the expected timing of the merger, the
satisfaction or waiver of any conditions to the proposed merger,
and about the Company’s business and future prospects. In this
context, forward-looking statements often contain words such as
“expect,” “anticipate,” “intend,” “plan,” “believe,” “could,”
“seek,” “see,” “will,” “may,” “would,” “might,” “potentially,”
“estimate,” “continue,” “expect,” “target” and similar expressions
or the negatives of these words or other comparable terminology
that convey uncertainty of future events or outcomes.
Forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially from those
expressed or implied by the forward-looking statements contained
herein, including, but not limited to: (i) risks related to the
expected timing and likelihood of completion of the pending merger,
including the risk that the merger may not close due to one or more
closing conditions to the transaction not being satisfied or
waived; (ii) the occurrence of any event, change or other
circumstances that could give rise to the termination of the
applicable transaction agreements; (iii) the risk that there may be
a material adverse change with respect to the financial position,
performance, operations or prospects of the Company or Turn/River;
(iv) the risk that any announcements relating to the proposed
merger could have adverse effects on the market price of the
Company’s ordinary shares; (v) the risk that the proposed merger
and its announcement could have an adverse effect on the ability of
the Company to retain customers and retain and hire key personnel
and maintain relationships with their suppliers and customers and
on their operating results and business generally; and (vi) other
risks that may imperil the consummation of the merger, which may
result in the merger not being consummated within the expected time
period or at all. These forward-looking statements speak only as of
the date on which such statements are made and the Company
undertakes no obligation to update any forward-looking statement,
whether as a result of new information, future events or otherwise.
For additional information about other risks to which the Company
is subject, please see the Company’s filings or furnishings, as
applicable, with the SEC, including its most recent annual report
on Form 20-F and subsequent Reports of Foreign Private Issuer on
Form 6-K.
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.
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TUFIN SOFTWARE TECHNOLOGIES
LTD.
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Date: August 24, 2022
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By:
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/s/ Reuven Kitov
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Reuven Kitov
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CEO & Chairman of the Board of
Directors
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