STOCK TITAN

Formula Systems (1985) (NASDAQ: FORTY) reports 2026 annual meeting

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Formula Systems (1985) Ltd. reported that it held its 2026 annual general meeting of shareholders on July 20, 2026 at its offices on Yahadut Canada Street in Or Yehuda, Israel. Shareholders, including holders of ordinary shares represented by American Depositary Shares, were present in person or by proxy, establishing a quorum.

Eight proposals, described as Proposals 1 through 8 in the company’s June 15, 2026 notice and proxy statement, were presented for shareholder vote in accordance with the Israeli Companies Law, 5759-1999, with outcomes determined based on the requisite majorities for each proposal.

Positive

  • None.

Negative

  • None.
Annual general meeting date July 20, 2026 Date of the 2026 annual general meeting of shareholders
Notice and proxy statement date June 15, 2026 Date the notice and proxy statement for the 2026 meeting were furnished
Number of proposals 8 proposals Proposals 1 through 8 presented for shareholder vote at the 2026 meeting
Report of Foreign Private Issuer regulatory
"FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16"
A report of a foreign private issuer is a formal filing that a non‑U.S. company makes to U.S. regulators to share important business, financial, or governance information with American investors. Think of it as a regular update or press packet that keeps investors informed about events that could change a company’s value—like earnings, management changes, contracts, or regulatory developments—so investors can make timely, informed decisions.
Form 6-K regulatory
"attached as Exhibit 99.1 to a Report of Foreign Private Issuer on Form 6-K"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
American Depositary Shares financial
"including ordinary shares represented by American Depositary Shares"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
Israeli Companies Law, 5759-1999 regulatory
"based on the requisite majorities for approval under the Israeli Companies Law, 5759-1999"
quorum regulatory
"holders of outstanding ordinary shares constituting a quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Formula Systems (FORTY) report in its July 2026 Form 6-K?

Formula Systems reported that it held its 2026 annual general meeting on July 20, 2026 at its Or Yehuda, Israel offices. Shareholders established a quorum and voted on eight proposals described in the June 15, 2026 notice and proxy statement.

When did Formula Systems (FORTY) hold its 2026 annual shareholders meeting?

The 2026 annual general meeting of Formula Systems shareholders took place on July 20, 2026. It was held at the company’s offices on Yahadut Canada Street in Or Yehuda, Israel, with shareholders present in person or by proxy to establish a quorum.

How many proposals were presented at Formula Systems’ (FORTY) 2026 annual meeting?

Formula Systems states that eight proposals, referred to as Proposals 1 through 8, were presented at the 2026 annual meeting. These proposals were described in detail in the June 15, 2026 notice and proxy statement previously provided to shareholders.

Did Formula Systems (FORTY) include American Depositary Shares in the 2026 meeting quorum?

Yes. Formula Systems confirms that the quorum for the 2026 annual meeting included ordinary shares and ordinary shares represented by American Depositary Shares. Holders of these securities were counted as present in person or by proxy for quorum purposes.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

 

For the month of July 2026

 

Commission File Number: 000-29442

 

FORMULA SYSTEMS (1985) LTD.

(Translation of registrant’s name into English)

 

1 Yahadut Canada Street, Or-Yehuda, Israel

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒         Form 40-F ☐

 

 

 

 

CONTENTS

 

Results of 2026 Annual Shareholders Meeting

 

On July 20, 2026, Formula Systems (1985) Ltd. (“we,” “us” or the “Company”) held its 2026 annual general meeting of shareholders (the “Meeting”) at the Company’s offices at Terminal Center, 1 Yahadut Canada Street, Or Yehuda 6037501, Israel. At the Meeting, our shareholders voted on the below-listed proposals, each of which is described in more detail in our notice and proxy statement for the Meeting (the “Notice” and “Proxy Statement”, respectively), which were attached as Exhibit 99.1 to a Report of Foreign Private Issuer on Form 6-K (a “Form 6-K”) that we furnished to the Securities and Exchange Commission (the “SEC”) on June 15, 2026.

 

Based on the presence in person or by proxy of holders of our outstanding ordinary shares (including ordinary shares represented by American Depositary Shares) constituting a quorum, the following proposals (Proposals 1 through 8 described in the Notice and Proxy Statement) were presented to our shareholders, with the following results based on the requisite majorities for approval of each such proposal under the Israeli Companies Law, 5759-1999 (the “Companies Law”):

 

1.Re-election of Mr. Marek Panek to the Company’s board of directors (the “Board”), to hold office until our next annual general meeting of shareholders and until his successor is duly elected and qualified: approved;

 

2.Re-election of Mr. Rafal Kozlowski to the Board, to hold office until our next annual general meeting of shareholders and until his successor is duly elected and qualified: approved;

 

3.Re-election of Mr. Itay Meroz to the Board, to hold office until our next annual general meeting of shareholders and until her successor is duly elected and qualified: approved;

 

4.Re-election of Ms. Karolina Rzonca-Bajorek to the Board, to hold office until our next annual general meeting of shareholders and until her successor is duly elected and qualified: approved;

 

5.Re-election of Ms. Gabriela Żukowicz to the Board, to hold office until our next annual general meeting of shareholders and until his successor is duly elected and qualified: approved;

 

6.Approval of the re-appointment of Ziv Haft Certified Public Accountants, a member firm of BDO International Limited, or BDO Israel, as our independent registered public accounting firm for the year ending December 31, 2026 and the additional period until our next annual general meeting of shareholders, and to authorize the Board and/or its audit committee to fix the compensation for such independent registered public accountants in accordance with the volume and nature of their services : approved;

 

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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.

 

  FORMULA SYSTEMS (1985) LTD.
     
Date: July 20, 2026 By: /s/ Asaf Berenstin
    Asaf Berenstin
    Chief Financial Officer

 

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