A-Labs Capital V Corp. announced that Yosef Shemesh has resigned from his role as Chief Financial Officer of the Company. Subject to the approval of the Exchange, Mr. Noah Herscovici has been appointed as the Chief Financial Officer of the Company, replacing Mr. Shemesh.

Mr. Noah Herscovici is a finance and business specialist with a successful track record as an advisor to companies in varying industries, leading, and executing strategic transformation projects and complex transactions, such as: M&A (mergers, divestitures, acquisitions, cross border); equity transactions (IPOs, PIPEs, secondary offerings); debt structures (investment grade, high-yield, convertibles); venture investments; and financial restructuring transactions. Mr. Herscovici has also held roles focusing on business growth, improving operational performance and corporate governance processes.