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    SEC Form S-8 filed by Gilat Satellite Networks Ltd.

    9/3/25 2:45:36 PM ET
    $GILT
    Radio And Television Broadcasting And Communications Equipment
    Technology
    Get the next $GILT alert in real time by email
    S-8 1 zk2533744.htm S-8
    Registration No. 333-_____

    As filed with the Securities and Exchange Commission on September 3, 2025


    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C.  20549

    FORM S-8
    REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

    GILAT SATELLITE NETWORKS LTD.
    (Exact name of registrant as specified in its charter)

    Israel
    Not Applicable
    (State or other jurisdiction of incorporation or organization)
    (I.R.S. Employer Identification No.)
       
    Gilat House
    21 Yegia Kapayim Street, Kiryat Arye
    Petah Tikva 4913020, Israel
    (Address of Principal Executive Offices) (Zip Code)

    GILAT SATELLITE NETWORKS LTD. 2008 SHARE INCENTIVE PLAN
    (Full title of the plans)

    Wavestream Corporation
    545 W. Terrace Dr
    San Dimas, CA 91773
    (Name and address of agent for service)
     
    909-599-9080
    (Telephone number, including area code, of agent for service)
     
    Copies to:
     
    Steven J. Glusband, Esq.
    Carter Ledyard & Milburn LLP
    2 Wall Street
    New York, NY 10005
    Tel: 212-238-8605
     
    Doron Kerbel, Adv.
    General Counsel and Corporate Secretary
    Gilat Satellite Networks Ltd.
    Gilat House
    21 Yegia Kapayim Street
    Kiryat Arye
    Petah Tikva 4913020, Israel
    Tel: 972-3-925-2000
    Tuvia J. Geffen, Adv.
    Naschitz, Brandes, Amir & Co.
    5 Tuval Street
    Tel-Aviv 6789717, Israel
    Tel: 972 3-623-5000
     

     Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

    Large accelerated filer
    ☐
    Accelerated filer
    ☒
           
    Non-accelerated filer
    ☐ (Do not check if a smaller reporting company)
    Smaller reporting company
    ☐
           
       
    Emerging growth company
    ☐
     
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

    ___________________________

    This Registration Statement shall become effective immediately upon filing as provided in Rule 462 under the Securities Act of 1933.


    EXPLANATORY NOTE

    The purpose of this Registration Statement on Form S-8 is to register an additional 2,836,205 Ordinary Shares for issuance under the 2008 Plan.

    In accordance with General Instruction E of Form S-8, the contents of the Registrant’s Registration Statements on Form S-8 (Files No. 333-180552, 333-187021, 333-204867, 333-210820, 333-217022, 333-221546, 333-223839, 333-231442, 333-236028, 333-253972, 333-255740, 333-264974, 333-278082 and 333-286156) filed with the Securities and Exchange Commission on April 4, 2012, on March 4, 2013, on June 11, 2015, on April 19, 2016,  on March 30, 2017, on November 14, 2017, on March 22, 2018, on May 14, 2019, on January 23, 2020, on March 8, 2021, on May 4, 2021, on May 16, 2022, on March 20, 2024 and on March 27, 2025, respectively, are incorporated herein by reference and the information required by Part II is omitted, except to the extent superseded hereby or supplemented by the information set forth below.

    PART I
     
    INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
     
    The documents containing the information required in Part I of this Registration Statement have been or will be sent or given to participating employees as specified in Rule 428(b)(1) under the Securities Act, in accordance with the rules and regulations of the United States Securities and Exchange Commission, or the Commission. Such documents are not being filed with the Commission either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 of the Securities Act. These documents and the documents incorporated by reference into this Registration Statement pursuant to Item 3 of Part II of this Registration Statement, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.

    PART II
     
    INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
      
    ITEM 3. Incorporation of Documents by reference.
     
    The Registrant hereby incorporates by reference the following documents:
     

    (a)
     The Registrant’s Annual Report on Form 20-F for the year ended December 31, 2024;
     

    (b)
    The description of our ordinary shares contained in our Annual Report on Form 20-F for the year ended December 31, 2024; and

    (c)
    The Registrant’s 6-K dated August 28, 2025.

    In addition, all documents subsequently filed by the Registrant pursuant to Section 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (prior to filing of a post-effective amendment which indicates that all securities offered have been sold or that deregisters all securities then remaining unsold) shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing of such documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for the purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement.
    2

    Item 8. EXHIBITS.


    4.1
    Memorandum of Association, as amended (1)


    4.2
    Articles of Association, as amended and restated (2)


    4.3
    Gilat Satellite Networks Ltd. 2008 Share Incentive Plan (including the Israeli Sub-plan to the Gilat Satellite Networks Ltd. 2008 Share Incentive Plan), as amended


    5
    Opinion of Naschitz, Brandes, Amir & Co., Advocates


    23.1
    Consent of Naschitz, Brandes, Amir & Co., Advocates (included in Exhibit 5)


    23.2
    Consent of Kost Forer Gabbay & Kasierer, a Member of Ernst & Young Global, our independent registered public accounting firm


    24
    Power of Attorney (included as part of this Registration Statement)


    107.1
    Calculation of Registration Fee




    (1)
    Filed as Exhibit 1.1 to the Registrant’s Annual Report on Form 20-F for the year ended December 31, 2000, and incorporated herein by reference.


    (2)
    Filed as Exhibit 1.2 to the Registrant’s Annual Report on Form 20-F for the year ended December 31, 2011, and incorporated herein by reference.

    3


    SIGNATURES

    Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Petah Tikva, Israel on September 3, 2025.

     
    By: /s/ Amiram Boehm
    Amiram Boehm
    Chairman of the Board

    POWERS OF ATTORNEY

    Each person whose signature appears below constitutes and appoints Amiram Boehm, Adi Sfadia and Gil Benyamini, and each of them severally, his or her true and lawful attorney-in-fact, and agent each with power to act with or without the other, and with full power of substitution and resubstitution, to execute in the name of such person, in his capacity as a director or officer of Gilat Satellite Networks Ltd., any and all amendments to this Registration Statement on Form S-8 and all instruments necessary or incidental in connection therewith, and to file the same with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or their substitutes, may do or cause to be done by virtue hereof.

    Pursuant to the requirements of the Securities Act of 1933, the Registration Statement has been signed by the following persons in the capacities indicated on September 3, 2025.

    Signature
    Title
     
    /s/ Amiram Boehm
    Amiram Boehm
    Chairman of the Board of Directors
     
     
    /s/ Adi Sfadia
    Adi Sfadia
    Chief Executive Officer (Principal Executive Officer)
     
     
    /s/ Gil Benyamini
    Gil Benyamini
     
    Chief Financial Officer (Principal Financial and Accounting Officer)
       
    /s/ Ami Shafran
    Ami Shafran
     
    Director
    /s/ Amir Ofek
    Amir Ofek
    Director
     
     
    /s/ Aylon (Lonny) Rafaeli
    Aylon (Lonny) Rafaeli
    Director
     
     
    /s/ Elyezer Shkedy
    Elyezer Shkedy
     
    Director
    /s/ Dafna Sharir
    Dafna Sharir
     
    Director
    /s/ Hilla Haddad Chemlnik
    Hilla Haddad Chemlnik
     
    Director
    /s/ Dana Porter Rubinshtein
    Dana Porter Rubinshtein
    Director
     
    Wavestream Corporation
     
    By: /s/ Adi Sfadia
    Name: Adi Sfadia, Officer
     
    Authorized Representative in the United States

    4

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