<SEC-DOCUMENT>0001213900-25-106841.txt : 20251106
<SEC-HEADER>0001213900-25-106841.hdr.sgml : 20251106
<ACCEPTANCE-DATETIME>20251106074020
ACCESSION NUMBER:		0001213900-25-106841
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20251106
FILED AS OF DATE:		20251106
DATE AS OF CHANGE:		20251106

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SAPIENS INTERNATIONAL CORP N V
		CENTRAL INDEX KEY:			0000885740
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		EIN:				000000000
		STATE OF INCORPORATION:			P8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-20181
		FILM NUMBER:		251456204

	BUSINESS ADDRESS:	
		STREET 1:		AZRIELI CENTER
		STREET 2:		26 HAROKMIM ST.
		CITY:			HOLON
		STATE:			L3
		ZIP:			5885800
		BUSINESS PHONE:		97289382777

	MAIL ADDRESS:	
		STREET 1:		AZRIELI CENTER
		STREET 2:		26 HAROKMIM ST.
		CITY:			HOLON
		STATE:			L3
		ZIP:			5885800
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ea0264332-6k_sapiens.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>



<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></p>

<!-- Field: Rule-Page --><div style="width: 100%"><div style="border-top: Black 2pt solid; font-size: 1pt; border-bottom: Black 1pt solid">&nbsp;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>UNITED STATES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>SECURITIES AND EXCHANGE
COMMISSION</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>WASHINGTON D.C. 20549</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>FORM 6-K</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>Report of Foreign Private
Issuer</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>Pursuant to Rule 13a-16
or 15d-16</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>of the Securities Exchange
Act of 1934</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">For the month of <b>November 2025</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">Commission File Number&nbsp;<b>000-20181</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</p>

<p style="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>SAPIENS INTERNATIONAL
CORPORATION N.V.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">(Translation of registrant&rsquo;s
name into English)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>Azrieli Center</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>26 Harokmim St.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>Holon, 5885800 Israel</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">(Address of principal
executive offices)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">Form 20-F <font style="font-family: Times New Roman, Times, Serif">&#9746;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>Form
40-F&nbsp;<font style="font-family: Times New Roman, Times, Serif">&#9744;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt; background-color: white">&nbsp;</p>

<!-- Field: Rule-Page --><div style="width: 100%"><div style="border-top: Black 1pt solid; font-size: 1pt; border-bottom: Black 2pt solid">&nbsp;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt; background-color: white">&nbsp;</p>


<!-- Field: Page; Sequence: 1 -->
    <div style="border-bottom: Black 1.5pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&nbsp;</p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&nbsp;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>CONTENTS</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><b><i>Exhibits</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt; background-color: white">The
following exhibit is furnished as part of this Form&nbsp;6-K:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt; background-color: white">&nbsp;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
   <tr>
    <td style="border-bottom: Black 1.5pt solid; text-align: left; vertical-align: bottom; width: 9%"><font style="font-size: 10pt"><b>Exhibit</b> &nbsp;</font></td>
    <td style="vertical-align: top; text-align: center; width: 1%">&nbsp;</td>
    <td style="border-bottom: Black 1.5pt solid; vertical-align: bottom; text-align: center; width: 90%"><font style="font-size: 10pt"><b>Description</b></font></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top"><font style="font-size: 10pt">99.1</font></td>
    <td style="vertical-align: top; text-align: justify">&nbsp;</td>
    <td style="text-align: left; vertical-align: bottom"><A HREF="ea026433201ex99-1_sapiens.htm">Press release</A></td></tr>
   </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt; background-color: white">&nbsp;</p>


<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 1 -->
    <div style="border-bottom: Black 1.5pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></p></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&nbsp;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><b>SIGNATURES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt; background-color: white">&nbsp;</p>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; background-color: white">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; background-color: white; border-collapse: collapse">
 <tr style="vertical-align: top">
    <td>&nbsp;</td>
    <TD COLSPAN="3" STYLE="text-align: left"><font style="font-size: 10pt">SAPIENS INTERNATIONAL CORPORATION N.V.</font></td></tr>
  <tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td colspan="3">&nbsp;</td></tr>
  <tr style="vertical-align: top">
    <td><font style="font-size: 10pt">Date: November 6, 2025</font></td>
    <td><font style="font-size: 10pt">By:</font></td>
    <td colspan="2" style="border-bottom: Black 1.5pt solid"><font style="font-size: 10pt">/s/ Roni Giladi</font></td></tr>
  <tr style="vertical-align: top">
    <td style="width: 60%">&nbsp;</td>
    <td style="width: 4%">&nbsp;</td>
    <td style="width: 5%"><font style="font-size: 10pt">Name:&nbsp; </font></td>
    <td style="width: 31%"><font style="font-size: 10pt">Roni Giladi</font></td></tr>
  <tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font style="font-size: 10pt">Title: </font></td>
    <td><font style="font-size: 10pt">Chief Financial Officer</font></td></tr>
 </table>
<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt; background-color: white">&nbsp;</p>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <div style="border-bottom: Black 1.5pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"></p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ea026433201ex99-1_sapiens.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><IMG SRC="ex99-1_001.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SAPIENS TO ANNOUNCE THIRD QUARTER 2025 FINANCIAL
RESULTS ON NOVEMBER 13, 2025</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Rochelle Park, N.J., November 6, 2025 </B>Sapiens International
Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that
it will report its financial results for the Third quarter of 2025 on Thursday November 13, 2025.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>On August 12, 2025, Sapiens announced that it entered into a definitive
agreement to be acquired by Advent, a leading global private equity investor, for $43.50 per common share in cash, valuing Sapiens at
approximately $2.5 billion.</I></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>About Sapiens</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B></B>Sapiens International Corporation
(NASDAQ and TASE: SPNS) is a global leader in intelligent SaaS-based software solutions. With Sapiens&rsquo; robust platform, customer-driven
partnerships, and rich ecosystem, insurers are empowered to future-proof their organisations with operational excellence in a rapidly
changing marketplace. Our SaaS-based solutions help insurers harness the power of AI and advanced automation to support core solutions
for property and casualty, workers&rsquo; compensation, and life insurance, including reinsurance, financial &amp; compliance, data &amp;
analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries
with its innovative offerings. Recognised by industry experts and selected for the Microsoft Top 100 Partner programme, Sapiens is committed
to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For more information, visit https://sapiens.com or follow us on LinkedIn.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B><IMG SRC="ex99-1_002.jpg" ALT="">&nbsp;</B></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">www.sapiens.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B></B></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Investor and Media Contact</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Yaffa Cohen-Ifrah</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Chief Marketing Officer &amp; Head of Investor Relations</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sapiens</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mobile: +1 917 533 4782</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Email: Yaffa.Cohen-Ifrah@sapiens.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Investor Contact</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Kimberly Rogers</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Managing Director, Hayden IR</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Phone: +1 541-904-5075</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Email: kim@HaydenIR.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Forward Looking Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain matters discussed in this press release
that are incorporated herein and therein by reference are forward-looking statements within the meaning of Section 27A of the Securities
Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that
are based on our beliefs, assumptions and expectations, as well as information currently available to us. Such forward-looking statements
may be identified by the use of the words &ldquo;anticipate,&rdquo; &ldquo;believe,&rdquo; &ldquo;estimate,&rdquo; &ldquo;expect,&rdquo;
&ldquo;may,&rdquo; &ldquo;will,&rdquo; &ldquo;plan&rdquo; and similar expressions. Such statements reflect our current views with respect
to future events and are subject to certain risks and uncertainties. There are important factors that could cause our actual results,
levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements
expressed or implied by the forward-looking statements, including, but not limited to:&nbsp; the degree of our success in our plans to
leverage our global footprint to grow our sales&#894; the degree of our success in integrating the companies that we have acquired through
the implementation of our M&amp;A growth strategy&#894; the lengthy development cycles for our solutions, which may frustrate our ability
to realise revenues and/or profits from our potential new solutions&#894; our lengthy and complex sales cycles, which do not always result
in the realisation of revenues&#894; the degree of our success in retaining our existing customers or competing effectively for greater
market share&#894; the global macroeconomic environment, including headwinds caused by inflation, relatively high interest rates, potentially
unfavorable currency exchange rate movements, and uncertain economic conditions, and their impact on our revenues, profitability and cash
flows; difficulties in successfully planning and managing changes in the size of our operations&#894; the frequency of the long-term,
large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream&#894;
the challenges and potential liability that heightened privacy laws and regulations pose to our business&#894; occasional disputes with
clients, which may adversely impact our results of operations and our reputation&#894; various intellectual property issues related to
our business&#894; potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers&rsquo; systems&#894;
risks related to the insurance industry in which our clients operate&#894; risks associated with our global sales and operations, such
as changes in regulatory requirements, wide-spread viruses and epidemics like the coronavirus epidemic,&nbsp; and fluctuations in currency
exchange rates&#894; and risks related to our principal location in Israel and our status as a Cayman Islands company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">While we believe such forward-looking statements
are based on reasonable assumptions, should one or more of the underlying assumptions prove incorrect, or these risks or uncertainties
materialise, our actual results may differ materially from those expressed or implied by the forward-looking statements. Please read the
risks discussed under the heading &ldquo;Risk Factors&rdquo; in our Annual Report on Form 20-F for the year ended December 31, 2024, in
order to review conditions that we believe could cause actual results to differ materially from those contemplated by the forward-looking
statements. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and
events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake
no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes
in our expectations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><IMG SRC="ex99-1_002.jpg" ALT="">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">www.sapiens.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>ex99-1_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex99-1_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  : )X# 2(  A$! Q$!_\0
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J1D&OK7PM8VEAX>M$L[6"W5T#,L,80$^IQWJ*THX2%J:W*IIUI7D]C__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>ex99-1_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex99-1_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  # M # 2(  A$! Q$!_\0
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M];_&BBCF?<M)#38P>DG_ '];_&FFP@])/^_K?XT44N9]S1)#386_I)_W]?\
MQIIT^W])/^_S_P"-%%',^Y:0TZ?;^DO_ '^?_&FG3K?TE_[_ #_XT44<S[EH
M:=.MO27_ +_/_C33IMMZ2_\ ?Y_\:**7,^Y:&G3;;TE_[_O_ (TPZ;;>DO\
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'BBDY,5C_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
