09:15 AM EDT, 08/11/2025 (MT Newswires) -- Sapiens International ( SPNS ) is in talks to sell a controlling stake to US investment funds at a valuation of $2 billion to $2.2 billion, tech news website CTech said Monday, citing a senior Sapiens executive.

The talks are in final stage, and if the parties sign a deal within the next two days, the company could delay its Q2 earnings report scheduled for Wednesday, according to the report.

Sapiens and its major shareholder Formula Group hired US investment bank William Blair last year to lead an effort to secure a buyer for the company, but the sale process was put on hold after the Oct. 7 attack in Israel, CTech reported.

Sapiens International ( SPNS ) did not immediately respond to MT Newswires' request for comment.

Shares of the company were up over 21% in recent Monday premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)