Magic software private placement

All Environments. All Environments Developed to meet the needs of agile businesses, our solutions can integrate all your apps, databases, APIs and more across the cloud, on-premise or both.

View Our Integration Solutions. Integration Hub. Global Expertise. Global Expertise Our Professional Services team has over 30 years of experience and provides their extensive knowledge to help you manage your end-to-end integration projects.

Learn More About Magic Software. Success Stories. Follow Us. For more information, visit www. Any forward-looking statement is not a guarantee of future performance and actual results could differ materially from those contained in the forward-looking statement.

These statements speak only as of the date they were made, and we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. We operate in a changing environment. New risks emerge from time to time and it is not possible for us to predict all risks that may affect us. For more information regarding these risks and uncertainties as well as certain additional risks that we face, you should refer to the Risk Factors detailed in our Annual Report on Form F for the year ended December 31, and subsequent reports and filings made from time to time with the Securities and Exchange Commission.

Except for any historical information contained herein, matters discussed in this press release might include forward-looking statements that involve a number of risks and uncertainties. Magic has made every effort to ensure that the information contained in this press release is accurate; however, there are no representations or warranties regarding this information, including warranties of merchantability or fitness for a particular purpose.

The warrants are exercisable as of six months from the date of issuance, have a term of three years, and the exercise price is subject to future adjustment for various events, such as stock splits or dividend distributions. The securities offered and sold in the private placement have not been registered under the Securities Act of , as amended, or any state securities laws, and may not be offered or sold in the United States absent registration, or an applicable exemption from registration under the Securities Act and applicable state securities laws.

The Company intends to use the proceeds of the private placement for working capital purposes. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

Magic Software has 13 offices worldwide and a presence in over 50 countries with a global network of ISVs, system integrators, value-added distributors and resellers, as well as consulting and OEM partners. For more information about Magic Software and its products and services, visit www.