Formula Systems Files Annual Report On Form 20-F For The Year Ended December 31, 2019

Rhea-AI Summary

Formula Systems (1985) Ltd. (NASDAQ: FORTY) announced the filing of its annual report on Form 20-F for the year ended December 31, 2019, with the U.S. Securities and Exchange Commission (SEC). The report includes the company's audited consolidated financial statements, accessible on both the SEC website and the company's Investor Relations site. Shareholders can request a hard copy of the report free of charge. Formula Systems engages in providing software consulting services, developing proprietary software products, and offering computer-based business solutions.

Positive

• Filed annual report on Form 20-F with the SEC, enhancing transparency.
• Audited consolidated financial statements provide credibility.

Negative

• None.

Or Yehuda, Israel, June 29, 2020 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, announced today that it has filed its annual report on Form 20-F for the year ended December 31, 2019 with the U.S. Securities and Exchange Commission, or the SEC. 

The annual report on Form 20-F, which contains Formula Systems’ audited consolidated financial statements, can be accessed on the SEC website at http://www.sec.gov/ as well as via the Company’s website in the Investor Relations section under Financial Reports at https://www.formulasystems.com/financial-reports.

The Company will deliver a hard copy of its annual report on Form 20-F, including its complete audited financial statements, free of charge, to its shareholders upon request sent to its Investor Relations department at ir@formula.co.il.

About Formula

Formula Systems (1985) Ltd. is a global information technology company principally engaged, through its subsidiaries and affiliates, in providing software consulting services, developing proprietary software products, and providing computer-based business solutions.

For more information, visit www.formulasystems.com.

Press Contact:

Formula Systems (1985) Ltd.
+972-3-5389487
ir@formula.co.il

FAQ

What is the significance of Formula Systems' Form 20-F filing dated June 29, 2020?

The Form 20-F filing is significant as it includes the company's audited financial statements for the year ended December 31, 2019, demonstrating regulatory compliance.

Where can I find Formula Systems' audited financial statements?

The audited financial statements can be accessed on the SEC website and the company's Investor Relations section at formulasystems.com.

How can shareholders obtain a hard copy of Formula Systems' annual report?

Shareholders can request a hard copy of the annual report free of charge by contacting the Investor Relations department via email.

What does Formula Systems do?

Formula Systems is a global information technology company that provides software consulting services, develops proprietary software products, and offers computer-based business solutions.

When was the annual report for Formula Systems filed?

The annual report on Form 20-F was filed on June 29, 2020.