UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 7, 2006 (April 3, 2006)
ZONE 4 PLAY, INC.
(Exact name of registrant as specified in its charter)
NEVADA 000-51255 98-0374121
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
103 FOULK ROAD, WILMINGTON, DE 19803
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(Address of principal executive offices) (Zip Code)
(302) 691-6177
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[_] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS.
On April 3, 2006, Liron Edrey and Ronen Zadok were appointed as additional
members of the Board of Directors of Zone 4 Play, Inc. (the "Company"), by the
existing Board of Directors, filling two vacancies created as a result of the
Company's Board of Directors prior resolution to increase the number of members
of its Board of Directors to six. Currently, Mr. Zadok and Mr. Edrey are not
expected to be named as members of any committee of the Board of Directors. Mr.
Edrey is affiliated with Dave Games Invest Corporation Inc. and Mr. Zadok is
affiliated with Walham Investments Group Inc. Both Dave Games Invest Corporation
Inc. and Walham Investments Group Inc. were investors in the Company's offering
of units completed on March 24, 2006 as reported in the Company's Current Report
on Form 8-K filed with the Securities and Exchange Commission on March 24, 2006
(the "Offering") and currently beneficiary owners of an aggregate 2,758,620
shares of the Company's common stock and warrants to purchase an aggregate of
2,758,620 shares of the Company's common stock.
Mr. Edery is an active partner in REGL Investment & Development Ltd., a provider
of consultancy services, investment banking, and M&A activities. Mr. Edery
represents global institutional and private investors, in various fields of
interest with a strong focus in Israel and in Europe. Mr. Edery serves as a
member of the advisory board of Pontifax LP, a leading Life Science venture
capital, and as a director of CritiSense Ltd. - a leading medical devices
company. Mr. Edery served as a consultant and as a representative for various
world leading telecommunication and electronics industrial companies. Prior to
that, Mr. Edery founded two start-up ventures. Mr. Edery holds a degree in
electronics engineering from Coventry University in the UK.
Mr. Zadok is a director in New Pole Ltd. Prior to founding New Pole Mr. Zadok
served as a founder, partner and Chief Financial Officer of the Ipex group in
Israel which was acquired by Ness Technologies. Mr. Zadok has served in the
capacity of Chief Financial Officer and director for several IT companies and
Internet start-ups. Mr. Zadok Holds a B.A. in accounting and economics and an
MBA in finance and accounting from Tel Aviv University.
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.
ZONE 4 PLAY, INC.
(Registrant)
By: /S/ Uri Levy
Date: April 7, 2006 ----------------
Uri Levy
Chief Financial Officer