SPAC

20 stories about SPAC
ועידת ניו יורק  יזהר שי שר המדע לשעבר ומייסד טכנולוגיה, באוקטובר הבא VC

Gadfin’s high-tech drones to hit Nasdaq in merger with Izhar Shay’s SPAC

18.10.24|Sophie Shulman
According to estimates, Gadfin's value upon entering Nasdaq will range between $100 million and $200 million. 
רכבת הרים סיקס פלגס ניו ג'רזי בורסה מניות

SPAC deal collapse sends Pomvom’s stock into freefall

22.08.24|Amir Perger
Nasdaq aspirations dashed as digital photography company’s shares plummet 34.5% 
מייסדי סיאברה

Cyabra going public via SPAC merger at $70 million valuation

23.07.24|Sophie Shulman
The Israeli company's platform provides organizations and the public sector with actionable insights to counter everything from election interference to brand reputation attacks and impersonations.
מנכ"ל פוםוום יהודה מינקוביץ' על רקע פארק של .Six Flags

Pomvom to enter Nasdaq at $125 million valuation with SPAC merger with Israel Acquisitions Corp

02.01.24|CTech
The Israeli company, which develops experiential content to amusement parks and attractions globally, replacing operative physical solutions, is merging with the SPAC set up by Izhar Shay last year
השקת האב סקיוריטי הישראלית ב נאסד"ק במרכז התמונה עוזי מוסקוביץ' מנכ"ל החברה

Hub Security valuation keeps falling as company fails to calm investors

30.03.23|Almog Azar
The company reached a market cap of $145 million, a far cry from the value at which it was supposed to go public
יוני אסיא על רקע משרדי חברת אי טורו eToro ב בני ברק

eToro value plummets, raises $250 million at $3.5 billion valuation

21.03.23|Sophie Shulman
The fintech company planned to go public through a SPAC merger at a valuation of $10.3 billion, but the deal was ultimately canceled due to a protracted prospectus and regulatory process, and worsening market conditions
השקת האב סקיוריטי הישראלית ב נאסד"ק במרכז התמונה עוזי מוסקוביץ' מנכ"ל החברה

Nightmare on Wall Street: Hub Security’s value plummets after SPAC merger

06.03.23|Almog Azar
The cyber company's promises to issue on the Nasdaq at a value of $1.3 billion seem like a distant memory after its share price collapsed by more than 37% within three trading days, to a market cap of $157 million
אייל משה מנכ"ל Hub Security

A crack in the SPAC? Hub Security's SPAC merger in danger of falling through

05.02.23|Almog Azar
The Israeli cyber company postponed the completion date of its $1.28 billion SPAC merger to the end of the month after one of the anchor investors backtracked
צבי שרייבר מנכ"ל פרייטוס

Freightos lists on Nasdaq via SPAC merger at a $500 million post money valuation

26.01.23|James Spiro
The freight booking and payment platform raised over $80 million in capital through the transaction, including $10 million from Qatar Airways and $60 million from M&G Investments and The Prudential Assurance Company
וול סטריט

The SPACtivism Era: Why Wall Street wolves are collecting shares in young high-tech companies

22.12.22|Sophie Shulman
Seasoned Wall Street traders are taking advantage of companies issued through SPACs, looking to make easy profits from mostly small and inexperienced tech companies
הנפקת טוקספייס בנאסד"ק 2021

Talkspace - value destruction created by greed for a big and quick exit

27.11.22|Sophie Shulman
The case of the online mental therapy company founded by Roni & Oren Frank is particularly bleak. This is how Talkspace went from being a promising startup and a SPAC merger at a $1.4 billion valuation, to a sale to American Well at a seventh of the value
הדמיית רכב אוטונומי

Newsight Imaging to merge with SPAC at $215 million valuation

31.08.22|CTech
The Israeli semiconductor company develops 3D machine vision sensors and spectral vision chips and will go public on Nasdaq as early as the fourth quarter of the year
בן וולקוב  מייסד משותף ומנכל Otonomo

Otonomo to lay off dozens of employees after losing over 90% of value

28.08.22|Sophie Shulman
Just a year after it went public via a SPAC merger at a value of $1.26 billion, Israeli autotech company Otonomo has seen its market cap plummet to a mere $62 million
כנס פורום היוניקורנס 2022 גיל שויד מייסד משותף ומנכ"ל Check Point

Gil Shwed: "I'm optimistic about Check Point, but no one is immune today"

03.08.22|Sophie Shulman
The Israeli cyber giant beat the forecasts and registered 9% growth in the second quarter - 2X the growth rate in the corresponding period
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Pagaya rally shows no signs of slowing, breaches $20 billion valuation for the first time

03.08.22|Sophie Shulman
The fintech company has seen its valuation surge tenfold in two weeks and became Israel’s highest-valued company at one stage on Tuesday
פאגאיה הנפקה נאסד"ק

Is Pagaya the new GameStop?

24.07.22|Sophie Shulman
The fintech company's stock, which plunged by 85% after merging with a SPAC, has suddenly been revived, surging back almost to its original value. Why? Likely due to speculators, who specialize in intraday trading in stocks with low liquidity
יונתן נתן מיתר עורכי דין

SPAC is back: Surprising new opportunities

04.07.22|Jonathan M. Nathan
"Despite all of the negative talk, democratization of the U.S. capital markets that can be facilitated by the SPAC wave, continues, thus allowing smaller Israeli tech companies to go public," writes Jonathan M. Nathan of Meitar Law Offices
יוני אסיא על רקע משרדי חברת אי טורו eToro ב בני ברק

eToro abandons SPAC merger, targeting $1 billion funding round instead

03.07.22|Sophie Shulman
The dramatic drop in the valuations of tech companies and increased oversight by the U.S. SEC meant the company was better off canceling the merger and remaining private