Core AI Holdings, Inc. has made a significant leadership change by appointing Haggai Ravid to its Board of Directors. This appointment comes after the resignation of Marc Seelenfreund, effective October 27, 2026. The move is seen as a strategic effort to enhance the company's governance and operational expertise.

Core AI Holdings, Inc. operates in the radiotelephone communications sector and is listed on the Nasdaq under the ticker CHAI. The company, incorporated in British Columbia, Canada, focuses on developing AI-driven technologies and infrastructure. Its recent filings include a series of 6-K forms, with the latest filed on October 30, 2026.

According to the filing, Seelenfreund’s resignation did not stem from any disagreements regarding the company’s operations or policies. The board expressed gratitude for his contributions during his tenure. Following his departure, Haggai Ravid was appointed as a director on October 28, 2026, to fill the vacancy.

Ravid brings over 20 years of experience in financial operations, mergers and acquisitions, and capital markets. His recent role as Chief Executive Officer of Sadot Group Inc. involved leading a corporate turnaround and securing significant financing. The board has confirmed that Ravid qualifies as an independent director under Nasdaq listing rules.

This leadership change may impact various stakeholders, including shareholders and employees, as the company positions itself for future growth. Ravid's experience in public company management and financial strategy is expected to contribute positively to Core AI's objectives.

The filing does not specify what actions will follow this appointment, but it highlights the company's commitment to strengthening its leadership team as it navigates the evolving landscape of AI technology and infrastructure.