Senstar Technologies has announced that it intends toย move its corporate domicile to the Province ofย Ontario, Canada.
The company is currently incorporated under the laws of theย state of Israel.
Senstar says that its Board of Directors believes transitioning toย Canadaย will assist the company in achieving its strategic objectives.
The majority of the company’s employees and substantially all of its operating assets are currently located inย the North American country.
The organization says that it expects redomiciling will have no material impact on how it conducts its day-to-day operations.
The redomiciliation, subject to certain conditions, is expected to close in the fourth quarter of 2023.
