Magic Software Enterprises Ltd. Announces Merger Agreement
Ticker: RMTHF · Form: 6-K · Filed: Nov 3, 2025 · CIK: 876779
| Field | Detail |
|---|---|
| Company | Magic Software Enterprises Ltd (RMTHF) |
| Form Type | 6-K |
| Filed Date | Nov 3, 2025 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: merger, acquisition, it-services, foreign-private-issuer
TL;DR
Magic Software Enterprises Ltd. is merging with Matrix IT Ltd. via a definitive agreement.
AI Summary
On November 3, 2025, Magic Software Enterprises Ltd. entered into a definitive Agreement and Plan of Merger with Matrix IT Ltd., an Israeli IT company and subsidiary of Formula Systems, and Magitrix Ltd, a subsidiary of Matrix. This filing is a Report of Foreign Private Issuer for the month of November 2025.
Why It Matters
This merger could significantly alter the competitive landscape and operational structure of Magic Software Enterprises Ltd. and Matrix IT Ltd.
Risk Assessment
Risk Level: medium — Mergers and acquisitions inherently carry risks related to integration, market reception, and regulatory approval.
Key Players & Entities
- Magic Software Enterprises Ltd. (company) — Registrant and party to merger agreement
- Matrix IT Ltd. (company) — Party to merger agreement, subsidiary of Formula Systems
- Formula Systems (company) — Parent company of Matrix IT Ltd.
- Magitrix Ltd (company) — Wholly-owned subsidiary of Matrix, party to merger agreement
- November 3, 2025 (date) — Date of the definitive Agreement and Plan of Merger
FAQ
What is the primary purpose of this 6-K filing?
This 6-K filing serves as a Report of Foreign Private Issuer for Magic Software Enterprises Ltd. for the month of November 2025, detailing a significant corporate event.
Who are the main parties involved in the announced merger agreement?
The main parties are Magic Software Enterprises Ltd., Matrix IT Ltd. (an Israeli IT company and subsidiary of Formula Systems), and Magitrix Ltd (a new wholly-owned subsidiary of Matrix).
When was the Agreement and Plan of Merger entered into?
The definitive Agreement and Plan of Merger was entered into on November 3, 2025.
What is the relationship between Matrix IT Ltd. and Formula Systems?
Matrix IT Ltd. is an Israeli public information technology company and a subsidiary of Formula Systems.
Does Magic Software Enterprises Ltd. file annual reports under Form 20-F or 40-F?
Magic Software Enterprises Ltd. indicates that it files annual reports under cover of Form 20-F.
Filing Stats: 1,803 words · 7 min read · ~6 pages · Grade level 17.2 · Accepted 2025-11-03 15:33:29
Filing Documents
- ea0263539-6k_magic.htm (6-K) — 28KB
- ea026353901ex99-1_magic.htm (EX-99.1) — 370KB
- ea026353901ex99-2_magic.htm (EX-99.2) — 389KB
- ea026353901ex99-3_magic.htm (EX-99.3) — 12KB
- ea026353901ex99-4_magic.htm (EX-99.4) — 277KB
- ea026353901ex99-5_magic.htm (EX-99.5) — 484KB
- ex99-2_001.jpg (GRAPHIC) — 2KB
- ex99-2_002.jpg (GRAPHIC) — 4KB
- ex99-2_003.jpg (GRAPHIC) — 2KB
- ex99-5_001.jpg (GRAPHIC) — 8KB
- ex99-5_002.jpg (GRAPHIC) — 1340KB
- ex99-5_003.jpg (GRAPHIC) — 104KB
- 0001213900-25-105163.txt ( ) — 3571KB
Financial Statements of Magic Software Enterprises as of June 30, 2025
Financial Statements of Magic Software Enterprises as of June 30, 2025 99.5
Financial Statements of Matrix IT as of June 30, 2025
Financial Statements of Matrix IT as of June 30, 2025 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MAGIC SOFTWARE ENTERPRISES LTD. (Registrant) By /s/ Asaf Berenstin Name: Asaf Berenstin Title: Chief Financial Officer Date: November 3, 2025 4
Forward Looking Statements
Forward Looking Statements Certain matters discussed in this report are forward-looking of the merger transaction, general economic conditions, the current ongoing US government shutdown situation and other risk factors detailed in the Company’s annual report and other filings with the United States Securities and Exchange Commission. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements are based on information available to the Company as of the date hereof, and the Company disclaims any obligation to update any forward-looking statements, except as required by law. 5