Welcome to our dedicated page for Formula Systems SEC filings (Ticker: FORTY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Formula Systems (1985) Ltd. (FORTY) provides access to the company’s regulatory reports as a foreign private issuer. Formula Systems files an annual report on Form 20-F, which includes its audited financial statements, risk factor disclosures and a description of its business as a global information technology holding company engaged, through subsidiaries and affiliates, in software consulting services, computer-based business solutions and proprietary software products.
In addition to the Form 20-F, Formula Systems regularly furnishes Form 6-K reports. These filings typically include press releases announcing quarterly and interim financial results, such as results for the first, second and third quarters and nine-month periods, as well as information on dividends, debenture covenants and other material updates. Some Form 6-K reports also cover corporate actions like special general meetings of shareholders, the election of external directors under Israeli law and agreements involving subsidiaries, including the announced agreement for the acquisition of Sapiens International Corporation N.V. by Advent.
For investors analyzing FORTY, these filings offer detail on consolidated revenues, operating income and net income, as well as information about Formula Systems’ holdings in companies such as Matrix IT Ltd., Sapiens International Corporation N.V., Magic Software Enterprises Ltd., Michpal Technologies Ltd., TSG IT Advanced Systems Ltd., Insync Staffing Solutions, Ofek Aerial Photography Ltd., ZAP Group Ltd., Shamrad Electronics (1997) Ltd. and Hashahar Telecom and Electricity Ltd., as disclosed at various reporting dates.
On Stock Titan, SEC documents for Formula Systems are supplemented by AI-powered summaries that explain the key points of lengthy filings in clear language. When you open a Form 20-F or 6-K, the platform highlights major themes such as business description, segment information, risk factors, capital structure, debenture covenants and notable transactions involving subsidiaries. Real-time updates from EDGAR mean new filings appear promptly, while AI-generated overviews help users quickly understand what has changed compared to prior periods.
This page is designed to support users who want to review Formula Systems’ official disclosures, including its annual report, interim results, shareholder meeting materials and transaction-related announcements, without having to read every line of each filing. The combination of original SEC documents and AI analysis can help investors and researchers interpret the company’s regulatory history more efficiently.
Formula Systems (1985) Ltd. reported the results of its 2025 special general meeting of shareholders held at its offices in Or Yehuda, Israel. Shareholders voted on two proposals related to the election of external directors under the Israeli Companies Law.
Shareholders approved the election of Ilan Regev as an external director for a three-year term, including approval of his compensation terms. The filing notes that 13,859,342 shares were present at the meeting, with 13,852,342 voting in favor of his appointment, including 9,894,188 votes from holders who are not controlling shareholders and do not have a conflict of interest; 6,999 voted against and 1 abstained.
Shareholders also approved the election of Amir Hillman as an external director for a three-year term, with the same vote breakdown: 13,852,342 in favor (including 9,894,188 non-controlling, non-conflicted votes), 6,999 against and 1 abstention, out of 13,859,342 shares present. Both directors will serve in accordance with the requirements of the Israeli Companies Law.
Formula Systems reported that its subsidiary Sapiens International Corporation N.V. has entered into a definitive agreement to be acquired by Advent for $43.50 per common share in cash. Sapiens is identified as a global leader in intelligent SaaS-based software solutions for the insurance industry and is listed on NASDAQ and TASE under the ticker SPNS. The filing furnishes the company's press release announcing the transaction as Exhibit 99.1.
The report provides the per-share cash consideration and buyer identity but does not disclose aggregate deal value, timing, regulatory approvals, or the transaction's financial impact on Formula Systems.