Magic Software Enterprises Announces Merger Agreement with Matrix

Reuters
2025.11.03 20:38
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Magic Software Enterprises Ltd. has announced a merger agreement with Matrix, with both companies planning special shareholder meetings to approve the transaction. Matrix will file a prospectus with the U.S. Securities and Exchange Commission for a public offering of its shares. As public companies, they will coordinate on necessary disclosures and reporting during the merger process.

Magic Software Enterprises Ltd. has disclosed plans to merge with Matrix, with both companies set to convene special shareholder meetings to approve the transaction. As part of the process, Matrix will file a prospectus with the U.S. Securities and Exchange Commission for the public offering of its shares. Both Magic and Matrix, as public companies, will coordinate on required disclosures and reporting throughout the merger process. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magic Software Enterprises Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-105163), on November 03, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here