Kaltura Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Leadership Update, Other Events, Financial Statements and Exhibits
$KLTR
Computer Software: Prepackaged Software
Technology
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): March 16, 2026
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Item 2.02. Results of Operations and Financial Condition.
On March 16, 2026, Kaltura, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filings, unless expressly incorporated by specific reference in such filing.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 14, 2026, the Board of Directors (the “Board”) of the Company increased the size of the Board from six to seven directors and appointed Greg Dracon as a Class I director of the Company, effective as of March 16, 2026 (the “Effective Date”).
Mr. Dracon, age 54, previously served as a member of the Company’s board of directors from January 2015 through February 2021. Since 2007, Mr. Dracon has served as a general partner at Point 406 Ventures, a venture capital firm, where he focuses on data and artificial intelligence investing and leads the firm’s cybersecurity practice. Previously,Mr. Draconwas a vice president at Core Capital Partners, where he concentrated on early-stage investments in infrastructure and cybersecurity companies, and spent almost 12 years in various operational and management roles within the high-tech industry. Mr. Dracon currently serves on a number of private company boards, as well as on the Massachusetts Governor’s Cybersecurity Strategy Council and The Dean’s Advisory Board for Penn State’s College of Information Sciences and Technology. Mr. Dracon received a Master of Business Administration from the Wharton School of the University of Pennsylvania in 2005 and a Bachelor of Science in Electrical Engineering from the Pennsylvania State University in 1994.
Mr. Dracon will participate in the Company’s Non-Employee Director Compensation Policy, including a $35,000 annual retainer for his service on the Board. On the Effective Date, Mr. Dracon received an award of restricted stock units with a grant date fair value of $180,000, pro-rated to reflect his actual period of service during the year following the Company’s 2025 annual meeting of stockholders (the “Initial Award”). The Initial Award will vest in full on the earlier of (i) the day immediately preceding the date of the first annual meeting of the Company’s stockholders following the grant date and (ii) the first anniversary of the grant date, subject to Mr. Dracon's continued service on the Board through the applicable vesting date.
In connection with his appointment, Mr. Dracon has entered into the Company’s standard indemnification agreement for directors and officers.
Item 8.01. Other Events.
On March 15, 2026, the Company entered into a definitive agreement to acquire PathFactory Holdings ULC, a company organized under the laws of the province of British Columbia (“PathFactory”), for cash consideration of approximately $22 million. The transaction is expected to close in the second quarter of 2026, subject to the satisfaction or waiver of customary closing conditions.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
| e | Co | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURE
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 hereunto duly authorized.
KALTURA, INC. | ||||||||
| By: | /s/ Zvi Maayan | |||||||
| Name: | Zvi Maayan | |||||||
| Title: | General Counsel and Corporate Secretary | |||||||
Date: March 16, 2026