SC 13G/A: FORMULA SYSTEMS (1985) LTD
Ticker: FORTY · Form: SC 13G/A · Filed: Mar 25, 2024 · CIK: 1045986
| Field | Detail |
|---|---|
| Company | Formula Systems (1985) Ltd (FORTY) |
| Form Type | SC 13G/A |
| Filed Date | Mar 25, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by FORMULA SYSTEMS (1985) LTD.
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G/A filing submitted by Formula Systems (1985) Ltd (ticker: FORTY) to the SEC on Mar 25, 2024.
What is the risk level of this SC 13G/A filing?
This filing has been assessed as low risk.
How long is this filing?
Formula Systems (1985) Ltd's SC 13G/A filing is 4 pages with approximately 1,105 words. Estimated reading time is 4 minutes.
Where can I view the full SC 13G/A filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,105 words · 4 min read · ~4 pages · Grade level 13.2 · Accepted 2024-03-25 07:41:31
Filing Documents
- zk2431190.htm (SC 13G/A) — 51KB
- 0001178913-24-001049.txt ( ) — 53KB
(a)
Item 1. (a) Name of Issuer : FORMULA SYSTEMS (1985) LTD. (b) Address of Issuer's Principal Executive Offices : 5 Haplada Street, Or Yehuda 60218, Israel
(a)
Item 2. (a) Name of Person Filing : MEITAV INVESTMENT HOUSE LTD. The securities reported herein are beneficially owned by various direct or indirect, majority or wholly-owned subsidiaries of the MEITAV INVESTMENT HOUSE LTD. (the "Subsidiaries"). Some of the securities reported herein are held by third-party client accounts managed by a subsidiary of the Reporting Person as portfolio managers, which subsidiary operates under independent management and makes independent investment decisions and has no voting power in the securities held in such client accounts. The Subsidiaries manage their own funds and/or the funds of others, including for holders of exchange-traded notes or members of pension or provident funds, unit holders of mutual funds, and portfolio management clients. Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions (b) Address of Principal Business Office : 30 Derekh Sheshet Ha-Yamim, Bene-Beraq, Israel (c) Citizenship : Israel (d) Title of Class of Securities : Ordinary Shares, NIS 1 par value (e) CUSIP Number : 346414-10-5 Item 3 . Not applicable. 3 Item 4 . (a) Amount beneficially owned : See row 9 of cover page of the reporting person. Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions. Neither the filing of this Schedule 13G nor any of its contents shall be deemed to constitute an admission by either the Filing Person or Subsidiaries that a group exists for purposes of Section 13(d) of the Securities Exchange Act of 1934 or for any other purpose, and each reporting person disclaims the existence of any such group. In addition, the Filing Person and Subsidiaries disclaims any beneficial ownership of the securities covered by this report in excess of their actual pecuniary interest therein. This