# EDGAR Filing Document

**Accession Number:** 0000876779
**File Stem:** 0000950103-26-002376
**Filing Date:** 2026-2
**Character Count:** 10549
**Document Hash:** fc2fd142e58d2d8bddadf0bdb7a83a21
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950103-26-002376.hdr.sgml**: 20260219

**ACCESSION NUMBER**: 0000950103-26-002376

**CONFORMED SUBMISSION TYPE**: CB/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260219

**DATE AS OF CHANGE**: 20260219

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MAGIC SOFTWARE ENTERPRISES LTD
- **CENTRAL INDEX KEY:** 0000876779
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 330477418
- **STATE OF INCORPORATION:** L3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CB/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-41906
- **FILM NUMBER:** 26653336

**BUSINESS ADDRESS:**
- **STREET 1:** YAHADUT CANADA 1 ST.
- **CITY:** OR YEHUDA ISRAEL
- **STATE:** L3
- **ZIP:** 6037501
- **BUSINESS PHONE:** 972-3-538-9474

**MAIL ADDRESS:**
- **STREET 1:** YAHADUT CANADA 1 ST.
- **CITY:** OR YEHUDA ISRAEL
- **STATE:** L3
- **ZIP:** 6037501
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Matrix I.T. Ltd.
- **CENTRAL INDEX KEY:** 0002093979

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** L3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CB/A

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 3 ATIR YEDA
- **CITY:** KFAR SABA
- **PROVINCE COUNTRY:** L3
- **ZIP:** 4464303
- **BUSINESS PHONE:** 97299598810

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 3 ATIR YEDA
- **CITY:** KFAR SABA
- **PROVINCE COUNTRY:** L3
- **ZIP:** 4464303

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM CB** **/A**

TENDER OFFER/RIGHTS OFFERING NOTIFICATION FORM

(AMENDMENT NO. 4)

Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to file this Form:

---

| | |
|:---|:---|
| Securities Act Rule 801 (Rights Offering) | ◻ |
| Securities Act Rule 802 (Exchange Offer) | ⌧ |
| Exchange Act Rule 13e-4(h)(8) (Issuer Tender Offer) | ◻ |
| Exchange Act Rule 14d-1(c) (Third Party Tender Offer) | ◻ |
| Exchange Act Rule 14e-2(d) (Subject Company Response) | ◻ |

---

---

| |
|:---|
| **Magic Software Enterprises Ltd.** |
| (Name of Subject Company) |
| **N/A** |
| (Translation of Subject Company's Name into English (if applicable)) |
| **Israel** |
| (Jurisdiction of Subject Company's Incorporation or Organization) |
| **Matrix IT Ltd.** |
| (Name of Person(s) Furnishing Form) |
| **Ordinary Shares, NIS 1.00 par value** |
| (Title of Class of Subject Securities) |
| **559166 10 3** |
| (CUSIP Number of Class of Securities (if applicable)) |
| **Yifat Givol, Adv.<br> Head of Legal Department and Corporate Secretary**<br> **3 Atir Yeda**<br> **Kfar Saba 4464303**<br> **Israel** <br> **Tel: +972 9 9598810** |
| (Name, Address (including zip code) and Telephone Number (including area code)<br> of Person(s) Authorized to Receive Notices and Communications on Behalf of the Filer) |
| <br> Copies to:<br>**Nir Dash, Adv.<br> Herzog Fox Ne'eman<br> Yitzhak Sadeh 6<br> Tel Aviv, Israel<br> Telephone: +972 3 692 2020** |
| **February 19, 2026** |
| (Date Tender Offer/Rights Offering Commenced) |

---

**PART I - INFORMATION SENT TO SECURITY HOLDERS**

**Item 1. Home Jurisdiction Documents**

(a) The following documents are attached as exhibits to this Form CB:

---

| | |
|:---|:---|
| **<u>Exhibit<br> Number</u>** |  |
| 99.1 | [English translation of Immediate Report of Matrix IT Ltd. ("Matrix") including notice regarding the shares exchange ratio in the merger transaction with Magic Software Enterprises Ltd., the expected date for receipt of the merger certificate and completion of the transaction, filed by Matrix with the Israel Securities Authority and Tel Aviv Stock Exchange on February 18, 2026.](dp241834_ex9901.htm) |

---

(b) Not applicable.

**Item 2. Informational Legends**

A legend complying with Rule 802(b) under the U.S. Securities Act of 1933, as amended, is included in each of the documents referred to in Item 1.

**PART II - INFORMATION NOT REQUIRED TO BE SENT TO SECURITY HOLDERS** 

Not applicable.

**PART III - CONSENT TO SERVICE OF PROCESS**

Matrix IT Ltd. submitted to the Securities and Exchange Commission a written irrevocable consent and power of attorney on Form F-X dated November 4, 2025.

**PART IV - SIGNATURES**

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

---

| | |
|:---|:---|
| **Matrix IT Ltd.** | **Matrix IT Ltd.** |
| /s/ Nevo Brenner | /s/ Nevo Brenner |
| Name: | Nevo Brenner |
| Title: | Chief Financial Officer |

---

Date: February 19, 2026

## Exhibit 99.1

**Exhibit 99.1**

***This exchange offer (the "Offer") is being made for the ordinary shares of Magic Software Enterprises Ltd. (the "Issuer") by Matrix IT Ltd. (the "Offeror"), each of which is a company incorporated in Israel. The Offer and information distributed in connection with the Offer are subject to disclosure requirements of Israel that are different from those of the United States. Financial statements and financial information included in the document, if any, have been prepared in accordance with International Financial Reporting Standards (IFRS Accounting Standards) that may not be comparable to the financial statements or financial information of United States companies.***

***It may be difficult for you to enforce your rights and any claim you may have arising under U.S. federal securities laws in respect of the Offer, since the Issuer and the Offeror are located in Israel, and some or all of their officers and directors may be residents of Israel or other countries outside the U.S. You may not be able to sue a company incorporated outside the U.S. or its officers or directors in a non-U.S. court for violations of U.S. securities laws. It may be difficult to compel a company incorporated outside the U.S. and its affiliates to subject themselves to a U.S. court's judgment.***

***You should be aware that the issuer may purchase securities otherwise than under the exchange offer, such as in open market or privately negotiated purchases.***

![](image_001.jpg)

**Matrix IT Ltd.**

**(the "Company")** 

February 18, 2026

To Tel Aviv Stock Exchange Ltd. http:/www.maya.tase.co.il To Israel Security Authority www.magna.gov.il

RE: **<u>Notice Regarding the Shares Exchange Ratio in the Merger Transaction with Magic Software Enterprises Ltd., the Expected Date for Receipt of the Merger Certificate and Completion of the Transaction</u>**

Further to the Company's prior reports<sup>1</sup> regarding its engagement in a reverse triangular merger transaction pursuant to a merger agreement dated November 3, 2025, among the Company, Magic Software Enterprises Ltd.<sup>2</sup> ("**Magic**") and Magitrix Ltd.<sup>3</sup> (the "**Merger Transaction**" and the "**Merger Agreement**"), the Company is pleased to update as follows:

&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Expected Date for Receipt of the Merger Certificate and Completion of the Merger Transaction</u> 

Following discussions held by the Company with a representative of the Israeli Registrar of Companies, the Company hereby updates that the merger certificate from the Registrar of Companies in connection with the Merger Transaction (the "**Merger Certificate**") is expected to be received on Tuesday, February 24, 2026. Upon receipt of the Merger Certificate, all conditions precedent to the completion of the Merger Transaction will have been satisfied.

Pursuant to Section 3.2 of the Shelf Offering Report, upon receipt of the Merger Certificate, the Company will publish an immediate report announcing its receipt, as well as the record date for the entitlement of Magic's shareholders to the Merger Consideration Shares (as defined below) and the date of completion of the Merger Transaction.

_________________________

<sup>1</sup> The Company's notice of a special general meeting dated November 3, 2025 (Reference No.: 2025-01-083233) (the "**Shareholders Meeting Notice**"); the Company's shelf offering report dated December 3, 2025 (Reference No.: 2025-01-096297) (the "**Shelf Offering Report**"); and the Company's immediate report dated February 5, 2026 (Reference No.: 2026-01-012685).

<sup>2</sup> A public company whose shares are traded on Nasdaq and on the Tel Aviv Stock Exchange, and whose controlling shareholder is Formula Systems (1985) Ltd.

<sup>3</sup> A private company incorporated in Israel, wholly owned by the Company, formed for the purpose of the merger and having no operations.

&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Shares Exchange Ratio in the Merger Transaction</u> 

Pursuant to the terms of the Merger Agreement, immediately following the completion of the Merger Transaction, the shareholders of Magic, as of the record date for entitlement to the merger consideration shares (as such term is defined in Section 3.2 of the Shelf Offering Report) (the "**Eligible Magic Shareholders**"), will hold 31.125% of the Company's Issued and Paid-Up Share Capital on a Fully Diluted Basis (the "**Merger Consideration Shares**"), and the shareholders who held shares of the Company immediately prior to the completion of the Merger Transaction will hold 68.875% of the Company's Issued and Paid-Up Share Capital on a Fully Diluted Basis. For this purpose, the "**Company's Issued and Paid-Up Share Capital on a Fully Diluted Basis**" shall have the meaning ascribed to such term in the Merger Agreement.<sup>4</sup>

Accordingly, on the date of completion of the Merger Transaction, 28,861,563 ordinary shares of the Company, par value NIS 1.00 each, will be allotted to the Eligible Magic Shareholders (approximately 0.5878202 Company share for each Magic share).<sup>5</sup>

***The information set forth in this immediate report regarding the expected date of receipt of the Merger Certificate and completion of the Merger Transaction constitutes forward-looking information, as defined in the Israeli Securities Law, 5728-1968, the realization of which is uncertain and depends on various factors, some of which are beyond the Company's control.***

**Respectfully, Matrix IT Ltd.**

By: Nevo Brenner, CFO

Adv. Yifat Givol, Head of Legal Department and Company's Secretary

_________________________

<sup>4</sup> See Section 1 of the Shelf Offering Report.

<sup>5</sup> See footnote 3 to the Shareholders Meeting Notice.