Core AI Holdings Appoints Haggai Ravid to Board of Directors
Key Highlights
- ➤Core AI (CHAI) appoints Haggai Ravid to its Board of Directors, effective immediately
- ➤Ravid led Sadot Group’s restructuring, converting more than $5 million liabilities into equity
- ➤Ravid helped raise approximately $10 million across multiple financing tranches at Sadot Group
- ➤Ravid secured Sadot Group a $100 million equity line of credit
- ➤Ravid directed strategic transactions totaling approximately $5 billion at Cukierman & Company
Expert Statements
Aitan Zacharin, Chief Executive Officer of Core AI
“We are very pleased to welcome Haggai to the Board of Directors. Haggai brings an exceptional combination of public company leadership, financial expertise, capital markets experience and strategic execution. His experience leading public issuers, securing financing and executing complex transactions will be particularly valuable as Core AI continues to execute on its long-term growth strategy. As we build Core AI into a leading global AI technology and infrastructure company, having directors who understand the demands of the public markets and have a proven ability to create shareholder value is extremely important. Haggai's depth of experience and strategic perspective will be a tremendous addition to our Board, and we look forward to working with him.”
Haggai Ravid, newly appointed Board Member of Core AI
“I am excited to join the Board of Core AI at such an important stage in the Company's development. Artificial intelligence and the infrastructure required to support its continued expansion represent significant long-term opportunities. Core AI has an ambitious vision, and I believe the Company has an opportunity to build meaningful value through its strategic initiatives across the AI ecosystem. I look forward to working with Aitan and the rest of the Board to support the Company's strategic direction, strengthen its financial and corporate infrastructure, evaluate growth opportunities and help position Core AI for sustainable long-term growth and shareholder value creation.”
MIAMI, FL, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Core AI Holdings, Inc. (Nasdaq: CHAI) ("Core AI" or the "Company"), a global AI technology and infrastructure company, today announced that Haggai Ravid has been appointed to its Board of Directors, effective immediately, following a unanimous vote of the Board approving his nomination.
Mr. Ravid brings more than 20 years of senior executive, investment banking and corporate finance experience, with a demonstrated track record of leading public companies, executing complex financial restructurings, raising capital, and driving strategic growth initiatives. His appointment further strengthens the Company's Board with significant expertise in public company management, financial strategy, capital markets and mergers and acquisitions.
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