# EDGAR Filing Document

**Accession Number:** 0001361113
**File Stem:** 0001213900-25-069347
**Filing Date:** 2025-7
**Character Count:** 27674
**Document Hash:** 24413e1801938aa38bc5f84792fe246d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-069347.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001213900-25-069347

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**EFFECTIVENESS DATE**: 20250730

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VARONIS SYSTEMS INC
- **CENTRAL INDEX KEY:** 0001361113
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 571222280
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-289097
- **FILM NUMBER:** 251167945

**BUSINESS ADDRESS:**
- **STREET 1:** 801 BRICKELL AVENUE
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33131
- **BUSINESS PHONE:** 877-292-8767

**MAIL ADDRESS:**
- **STREET 1:** 801 BRICKELL AVENUE
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33131

**As filed with the Securities and Exchange Commission on July 30, 2025**

**Registration No. 333-** 

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT**

***UNDER***

***THE SECURITIES ACT OF 1933***

**VARONIS SYSTEMS, INC.**

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **Delaware** | **57-1222280** |
| (State or other jurisdiction of <br> incorporation or organization) | (I.R.S. Employer <br> Identification No.) |

---

---

| | |
|:---|:---|
| **801 Brickell Avenue**<br> **Miami, FL** | **33131** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

**Amended and Restated Varonis Systems, Inc. 2023 Omnibus Equity Incentive Plan**<br> (Full title of the plan)

**Yakov Faitelson<br> Chief Executive Officer and President<br> Varonis Systems, Inc.<br> 801 Brickell Avenue<br> Miami, Florida<br> (877) 292-8767**<br> (Name, address and telephone number, including area code, of agent for service)

***Copy to:***

 ****

**Colin Diamond<br> Shai Marshall<br> Paul Hastings LLP<br> 200 Park Avenue<br> New York, New York 10166 <br> (212) 318-6000**

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, 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 ☐ <br> Non-accelerated filer ☐ Smaller reporting company ☐ <br> 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. ☐

**EXPLANATORY NOTE**

This Registration Statement on Form S-8 (this "Registration Statement") is being filed by Varonis Systems, Inc. (the "Company") for the purpose of registering 1,880,000 additional shares of common stock, par value $0.001 per share, of the Company (the "Common Stock") under the Company's Amended and Restated 2023 Omnibus Equity Incentive Plan (the "A&R 2023 Incentive Plan").

On April 17, 2025, the board of directors of the Company approved an increase of 1,880,000 shares of Common Stock available for issuance under the A&R 2023 Incentive Plan, which was also approved by the stockholders of the Company at the Company's 2025 Annual Meeting of Stockholders held on June 5, 2025.

Pursuant to General Instruction E of Form S-8, the contents of the Company's prior registration statements on Form S-8 registering shares of Common Stock under the A&R 2023 Incentive Plan filed with the SEC on August 1, 2023 (File No. (File No. [333-273579](http://www.sec.gov/Archives/edgar/data/1361113/000121390023062010/ea182616-s8_varonissys.htm)) and July 30, 2024 (File No. [333-281103](http://www.sec.gov/Archives/edgar/data/1361113/000101376224002743/ea0210093-s8_varonis.htm)) are hereby incorporated by reference herein, and the information required by Part II of Form S-8 is omitted, except as supplemented by the information set forth below.

**PART I**

**INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS**

**Item 1. Plan Information.\*** 

**Item 2. Registrant Information and Employee Plan Annual Information.\***

\* As permitted by Rule 428 under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement omits the information specified in Part I of Form S-8. The documents containing the information specified in this Part I of Form S-8 ("Plan Information" and "Registrant Information and Employee Plan Annual Information") will be sent or given to employees as specified by the SEC pursuant to Rule 428(b)(1) under the Securities Act. Such documents are not required to be and are not filed with the SEC either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act. These documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II hereof, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act. The Company will provide a written statement to participants advising them of the availability without charge, upon written or oral request, of the documents incorporated by reference in Item 3 of Part II hereof and including the statement in the preceding sentence. The written statement to all participants will indicate the availability without charge, upon written or oral request, of other documents required to be delivered pursuant to Rule 428(b) under the Securities Act, and will include the address and telephone number to which the request is to be directed.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 3. Incorporation of Documents by Reference.**

The following documents previously filed with the SEC are hereby incorporated by reference into this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Company's Annual Report on [Form 10-K](https://www.sec.gov/Archives/edgar/data/1361113/000162828025004187/vrns-20241231.htm) for the year
ended December 31, 2024, filed with the SEC on February 6, 2025 (the "Annual Report"), including the portions of the Company's
Definitive Proxy Statement on [Schedule 14A](https://www.sec.gov/Archives/edgar/data/1361113/000114036125014911/ny20045073x1_def14a.htm) filed on April 22, 2025 that are incorporated by reference in the Annual Report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Company's Quarterly Report on [Form 10-Q](https://www.sec.gov/Archives/edgar/data/1361113/000162828025023196/vrns-20250331.htm) for the
quarter ended March 31, 2025, filed with the SEC on May 7, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the Company's Quarterly Report on [Form 10-Q](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001361113/000162828025036728/vrns-20250630.htm) for the
quarter ended June 30, 2025, filed with the SEC on July 30, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the Company's Current Reports on Form 8-K filed with
the SEC on [February 14, 2025](https://www.sec.gov/Archives/edgar/data/1361113/000117184325000870/f8k_021425.htm) and [June 6, 2025](https://www.sec.gov/Archives/edgar/data/1361113/000117184325003769/f8k_060625.htm) ; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the description of the Common Stock set forth in the Registration
Statement on [Form 8-A](https://www.sec.gov/Archives/edgar/data/1361113/000119312514067400/d683048d8a12b.htm) , dated February 25, 2014, filed with the SEC by the Company to register such securities under the Securities Exchange
Act of 1934, as amended (the "Exchange Act"), and any amendment or report filed for the purpose of updating this information
(including [Exhibit 4.1](https://www.sec.gov/Archives/edgar/data/1361113/000162828025004187/vrnsq4202441.htm) to the Annual Report).

All documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be part hereof from the date of filing of such documents with the SEC, except as to any portion of any future current report furnished under Items 2.02 or 7.01 of Form 8-K that is not deemed filed under such provisions.

Any statement contained in a document incorporated or deemed to be incorporated by reference in this Registration Statement shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in this Registration Statement, or in any other subsequently filed document that also is or is deemed to be incorporated by reference in this Registration Statement, modifies or supersedes such prior statement. Any statement contained in this Registration Statement shall be deemed to be modified or superseded to the extent that a statement contained in a subsequently filed document that is or is deemed to be incorporated by reference in this Registration Statement modifies or supersedes such prior statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

You should rely only on the information provided or incorporated by reference in this Registration Statement or any related prospectus. The Company has not authorized anyone to provide you with different information. You should not assume that the information in this Registration Statement or any related prospectus is accurate as of any date other than the date on the front of the document.

**Item 8. Exhibits.**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 4.1<sup>(1)</sup> | [Amended and Restated Certificate of Incorporation](https://www.sec.gov/Archives/edgar/data/1361113/000119312514190004/d708469dex31.htm) |
| 4.2<sup>(2)</sup> | [Amended and Restated Bylaws](https://www.sec.gov/Archives/edgar/data/1361113/000119312514190004/d708469dex32.htm) |
| 5.1\* | [Opinion of Paul Hastings LLP](ea025049501ex5-1_varonis.htm) |
| 10.1<sup>(3)</sup> | [Amended & Restated Varonis Systems, Inc. 2023 Omnibus Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1361113/000114036125014911/ny20045073x1_def14a.htm#tAPPB) |
| 10.3<sup>(4)</sup> | [Forms of Restricted Stock Unit Award Grant Notice and Restricted Stock Unit Award Agreement under the Amended and Restated 2023 Omnibus Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1361113/000162828025004187/vrnsq420241020.htm) |
| 10.4<sup>(5)</sup> | [Forms of Performance-Based Restricted Stock Unit Award Grant Notice and Performance-Based Restricted Stock Unit Award Agreement under the Amended and Restated 2023 Omnibus Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1361113/000162828025004187/vrnsq420241021.htm) |
| 10.5<sup>(6)</sup> | [Forms of Restricted Stock Unit Award Grant Notice and Restricted Stock Unit Award Agreement under the Amended and Restated 2023 Omnibus Equity Incentive Plan (Israeli Employees)](https://www.sec.gov/Archives/edgar/data/1361113/000162828025004187/vrnsq420241022.htm) |
| 10.6<sup>(7)</sup> | [Forms of Performance-Based Restricted Stock Unit Award Grant Notice and Performance-Based Restricted Stock Unit Award Agreement under the Amended and Restated 2023 Omnibus Equity Incentive Plan (Israeli Employees)](https://www.sec.gov/Archives/edgar/data/1361113/000162828025004187/vrnsq420241023.htm) |
| 23.1\* | [Consent of Kost Forer Gabbay & Kasierer, independent registered public accountants](ea025049501ex23-1_varonis.htm) |
| 23.2\* | [Consent of Paul Hastings LLP (included as part of Exhibit 5.1)](ea025049501ex5-1_varonis.htm) |
| 24.1\* | [Power of Attorney (included on the signature page to this Registration Statement)](#POA_001) |
| 107\* | [Filing Fee Table](ea025049501ex-fee_varonis.htm) |

---

(1) Filed as Exhibit 3.1 to the Company's Quarterly Report on Form 10-Q filed with the SEC on May 8, 2014 and incorporated herein by reference.

(2) Filed as Exhibit 3.2 to the Company's Annual Report on Form 10-K filed with the SEC on February 8, 2022 and incorporated herein by reference.

(3) Filed as Appendix B to the Company's Definitive Proxy Statement on Schedule 14A filed with the SEC on April 22, 2025 and incorporated herein by reference.

(4) Filed as Exhibit 10.20 to the Company's Annual Report on Form 10-K filed with the SEC on February 6, 2025 and incorporated herein by reference.

(5) Filed as Exhibit 10.21 to the Company's Annual Report on Form 10-K filed with the SEC on February 6, 2025 and incorporated herein by reference.

(6) Filed as Exhibit 10.22 to the Company's Annual Report on Form 10-K filed with the SEC on February 6, 2025 and incorporated herein by reference.

(7) Filed as Exhibit 10.23 to the Company's Annual Report on Form 10-K filed with the SEC on February 6, 2025 and incorporated herein by reference.

\* Filed herewith.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, 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 the City of Miami, State of Florida, on July 30, 2025.

---

| | |
|:---|:---|
| VARONIS SYSTEMS, INC. | VARONIS SYSTEMS, INC. |
| By: | /s/ Yakov Faitelson |
| Name: | Yakov Faitelson |
| Title: | Chief Executive Officer and President |

---

**POWER OF ATTORNEY**

Each person whose signature appears below constitutes and appoints Yakov Faitelson and Guy Melamed, and each of them, their true and lawful attorneys-in-fact and agents, each with full power of substitution and resubstitution, severally, for them and in their name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as they might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| SIGNATURE | TITLE | DATE |
| /s/ Yakov Faitelson | Chief Executive Officer, President and Chairman of the Board | July 30, 2025 |
| Yakov Faitelson | (Principal Executive Officer) |  |
| /s/ Guy Melamed | Chief Financial Officer and Chief Operating Officer | July 30, 2025 |
| Guy Melamed | (Principal Financial Officer and Principal Accounting Officer) |  |
| /s/ Carlos Aued | Director | July 30, 2025 |
| Carlos Aued |  |  |
| /s/ Kevin Comolli | Director | July 30, 2025 |
| Kevin Comolli |  |  |
| /s/ John J. Gavin, Jr. | Director | July 30, 2025 |
| John J. Gavin, Jr. |  |  |
| /s/ Gili Iohan | Director | July 30, 2025 |
| Gili Iohan |  |  |
| /s/ Avrohom J. Kess | Director | July 30, 2025 |
| Avrohom J. Kess |  |  |
| /s/ Ohad Korkus | Director | July 30, 2025 |
| Ohad Korkus |  |  |
| /s/ Thomas F. Mendoza | Director | July 30, 2025 |
| Thomas F. Mendoza |  |  |
| /s/ Rachel Prishkolnik | Director | July 30, 2025 |
| Rachel Prishkolnik |  |  |
| /s/ Ofer Segev | Director | July 30, 2025 |
| Ofer Segev |  |  |
| /s/ Fred van den Bosch | Director | July 30, 2025 |
| Fred van den Bosch |  |  |

---

## Exhibit 5.1

**Exhibit 5.1**

![](ex5-1_001.jpg)

July 30, 2025

Varonis Systems, Inc.<br> 1250 Broadway, 28th Floor<br> New York, New York 10001

Re: Varonis System, Inc. – Registration Statement on Form S-8

Ladies and Gentlemen:

We have acted as counsel to Varonis Systems, Inc., a Delaware corporation (the "***Company***"), in connection with the preparation of the registration statement on Form S-8 to be filed by the Company with the U.S. Securities and Exchange Commission (the "***Commission***") on the date hereof (the "***Registration Statement***") to effect registration under the Securities Act of 1933, as amended (the "***Securities Act***"), of 1,880,000 shares (the "***Shares***") of the Company's common stock, $0.001 par value per share ("***Common Stock***"), reserved for future issuance under the Company's Amended and Restated 2023 Omnibus Equity Incentive Plan (the "***2023 Plan***").

As such counsel and for purposes of our opinion set forth below, we have examined and relied upon originals or copies, certified or otherwise identified to our satisfaction, of such documents, resolutions, certificates and instruments of the Company and corporate records furnished to us by the Company, and have reviewed certificates of public officials, statutes, records and such other instruments and documents as we have deemed necessary or appropriate as a basis for the opinion set forth below, including, without limitation:

&nbsp;&nbsp;&nbsp;&nbsp;(i) the Registration Statement;

&nbsp;&nbsp;&nbsp;&nbsp;(ii) the Amended and Restated Certificate of Incorporation of
the Company (the "  ***Certificate of Incorporation*** "), as certified as of July 30, 2025 by the Office of the Secretary
of State of the State of Delaware;

&nbsp;&nbsp;&nbsp;&nbsp;(iii) the Amended and Restated Bylaws of the Company as presently
in effect, as certified by an officer of the Company on July 30, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;(iv) the 2023 Plan and the forms of award agreements related thereto;

&nbsp;&nbsp;&nbsp;&nbsp;(v) a certificate, dated as of July 30, 2025, from the Office
of the Secretary of State of the State of Delaware, certifying as to the existence and good standing of the Company in the State of Delaware
(the "  ***Good Standing Certificate*** ");

&nbsp;&nbsp;&nbsp;&nbsp;(vi) the resolutions adopted by the board of directors of the
Company regarding the 2023 Plan, and other matters related thereto, as certified by an officer of the Company on July 30, 2025; and

&nbsp;&nbsp;&nbsp;&nbsp;(vii) the resolutions adopted by the shareholders of the Company
regarding the 2023 Plan, and other matters related thereto, as certified by an officer of the Company on July 30, 2025.

![](ex5-1_001.jpg)

Varonis Systems, Inc.

July 30, 2025

In addition to the foregoing, we have made such investigations of law as we have deemed necessary or appropriate as a basis for the opinion set forth in this opinion letter.

In such examination and in rendering the opinion expressed below, we have assumed, without independent investigation or verification: (i) the genuineness of all signatures on all agreements, instruments, corporate records, certificates and other documents submitted to us; (ii) the authenticity and completeness of all agreements, instruments, corporate records, certificates and other documents submitted to us as originals; (iii) that all agreements, instruments, corporate records, certificates and other documents submitted to us as certified, electronic, facsimile, conformed, photostatic or other copies conform to originals thereof, and that such originals are authentic and complete; (iv) the legal capacity, competency and authority of all individuals executing all agreements, instruments, corporate records, certificates and other documents; (v) the due authorization, execution and delivery of all agreements, instruments, corporate records, certificates and other documents by all parties thereto (other than the Company); (vi) that no documents submitted to us have been amended or terminated orally or in writing except as has been disclosed to us in writing; (vii) that the statements contained in the certificates and comparable documents of public officials, officers and representatives of the Company and other persons on which we have relied for the purposes of this opinion letter are true and correct on and as of the date hereof; (viii) that there has not been any change in the good standing status of the Company from that reported in the Good Standing Certificate; and (ix) that each of the officers and directors of the Company has properly exercised his or her fiduciary duties. As to all questions of fact material to this opinion letter, and as to the materiality of any fact or other matter referred to herein, we have relied (without independent investigation or verification) upon representations and certificates or comparable documents of officers and representatives of the Company. We have also assumed that the individual issuances, grants, awards or grants of purchase rights under the 2023 Plan will be duly authorized by all necessary corporate action of the Company and duly issued, granted or awarded and exercised in accordance with the requirements of law, the 2023 Plan and the agreements, forms of instrument, awards and grants duly adopted thereunder. We have also assumed that upon the issuance of any Shares, the total number of shares of Common Stock issued and outstanding will not exceed the total number of shares of Common Stock that the Company is then authorized to issue under the Certificate of Incorporation.

Based upon the foregoing, and in reliance thereon, and subject to the assumptions, limitations, qualifications and exceptions set forth herein, we are of the opinion that the Shares are duly authorized and, when issued and sold as described in the Registration Statement and in accordance with the 2023 Plan and the applicable award agreements or forms of instrument evidencing purchase rights thereunder (including the receipt by the Company of the full consideration therefor), will be validly issued, fully paid and nonassessable.

Without limiting any of the other assumptions, limitations, qualifications and exceptions stated elsewhere herein, we express no opinion with regard to the applicability or effect of the laws of any jurisdiction other than the General Corporation Law of the State of Delaware, as in effect on the date of this opinion letter.

This opinion letter deals only with the specified legal issues expressly addressed herein, and you should not infer any opinion that is not explicitly stated herein from any matter addressed in this opinion letter.

![](ex5-1_001.jpg)

Varonis Systems, Inc.

July 30, 2025

This opinion letter is rendered solely in connection with the preparation and filing of the Registration Statement. This opinion letter is rendered as of the date hereof, and we assume no obligation to advise you or any other person with regard to any change after the date hereof in the circumstances or the law that may bear on the matters set forth herein even if the change may affect the legal analysis or a legal conclusion or other matters in this opinion letter.

We hereby consent to the filing of this opinion letter as Exhibit 5.1 to the Registration Statement. In giving such consent, we do not hereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules or regulations of the Commission thereunder.

---

| |
|:---|
| Very truly yours, |
| /s/ Paul Hastings LLP |

---

## Exhibit 23.1

**Exhibit 23.1**

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We consent to the incorporation by reference in the Registration Statement (Form S-8) pertaining to the Amended and Restated 2023 Omnibus Equity Incentive Plan of Varonis Systems, Inc. of our reports dated February 6, 2025, with respect to the consolidated financial statements of Varonis Systems, Inc. and the effectiveness of internal control over financial reporting of Varonis Systems, Inc. included in its Annual Report (Form 10-K) for the year ended December 31, 2024, filed with the Securities and Exchange Commission.

---

| |
|:---|
| /s/ Kost Forer Gabbay & Kasierer |
| A Member of EY Global |
| Tel Aviv, Israel |
| July 30, 2025 |

---

## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**S-8**

**Varonis Systems, Inc.**

**Table 1: Newly Registered and Carry Forward Securities**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Line Item Type** | **Security Type** | **Security Class Title** | **Notes** | **Fee Calculation<br> Rule** | **Amount Registered** | **Proposed Maximum Offering<br> Price Per Unit** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration Fee** |
| *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* |
| Fees to be Paid | Equity | Common Stock, par value $0.001 per share | (1) | Other | 1880000 | $54.2450 | $101980600.00 | 0.0001531 | $15613.23 |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | $101980600.00 |  | 15613.23 |
| Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: |  |  |  |
| Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: |  |  | 0.00 |
| Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: |  |  | $15613.23 |

---

**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) Represents additional shares of the Registrant's common stock, par value $0.001 per share ("Common Stock"), reserved for issuance under the Registrant's Amended and Restated 2023 Omnibus Equity Incentive Plan (the "A&R 2023 Incentive Plan"). Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this registration statement shall also cover any additional shares of Common Stock that become issuable under the 2023 A&R Incentive Plan by reason of any stock split, stock dividend, recapitalization or other similar transaction effected without the Company's receipt of consideration that increases the number of the outstanding shares of Common Stock. The proposed maximum offering price per share is estimated in accordance with Rules 457(c) and (h) under the Securities Act solely for the purpose of calculating the registration fee on the basis of $54.245 per share, which represents the average of the high and low sale prices of the Common Stock as reported on the Nasdaq Global Select Market on July 25, 2025.