Nasdaq Certifies Form 25 Removing Magic Software Ordinary Shares (MGIC)

Rhea-AI Filing Summary

Magic Software Enterprises Ltd notified Nasdaq of the removal of its Ordinary Shares from listing and registration. Nasdaq Stock Market LLC certified it has reasonable grounds to file Form 25 and states the Exchange and the issuer complied with the procedural rules, citing 17 CFR 240.12d2-2.

Insights

Listing Compliance Analyst

Nasdaq certified a procedural removal of Magic Software's ordinary shares under federal rule 12d2-2.

Nasdaq states it has "reasonable grounds" and cites 17 CFR 240.12d2-2, while the issuer is described as having complied with Exchange rules governing voluntary withdrawal. The class identified is Ordinary Shares.

Timing and market-impact details are not provided in the excerpt; subsequent filings or exchange notices would state effective dates and any residual registration effects.

UNITED STATES

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

000-19415

Issuer:	MAGIC SOFTWARE ENTERPRISES LTD
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	Terminal Center, 1 Yahadut Canada Street
	Or Yehuda	ISRAEL	60218
Telephone number:					97,235,389,292

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Ordinary Shares

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-02-24	By	Jennifer Fainer		CDO Analyst
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Magic Software (MGIC) filing Form 25 mean?

It means Nasdaq certified removal of the company's Ordinary Shares from the exchange listing under 17 CFR 240.12d2-2. The filing states both the Exchange and issuer complied with procedural rules for withdrawal.

Did Nasdaq state why MGIC shares were removed?

Nasdaq certified it has "reasonable grounds" to file Form 25 and cited 17 CFR 240.12d2-2. The excerpt does not detail specific business reasons or market conditions leading to removal.

Who signed the Form 25 filing for Nasdaq in this excerpt?

The excerpt shows the filing certified on behalf of Nasdaq by Jennifer Fainer, whose title is listed as CDO Analyst. It states the Exchange caused the notification to be signed by an authorized person.

Are Magic Software's other securities affected by this filing?

The excerpt identifies the class as Ordinary Shares only. It does not mention other classes or securities; any effect on other instruments is not described in the provided text.

Does the filing state an effective date for the removal?

The excerpt does not provide an explicit effective removal date. It cites procedural compliance under 17 CFR 240.12d2-2; effective dates are not included in the provided content.