SPAC

20 stories about SPAC
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר

Israeli fintech startup Pagaya seals $8.5 billion SPAC merger

15.09.21|Golan Hazani
Pagaya is set to receive $488 million in the merger, $288 million raised previously by the SPAC and $200 million in PIPE investments
הנפקת היפו משמאל המנכ"ל אסף וונד CFO סטיוארט אליס

Israeli unicorns paying painful price for SPAC fine print

05.09.21|Sophie Shulman
Seven of the nine Israeli companies to have completed a SPAC merger to date are trading at a lower valuation than that with which they entered Wall Street
Neil Shah Len Rosen Evercore

SPAC devaluations are not a cause for concern, says Evercore

03.09.21|James Spiro
Neil Shah has been involved in some of the world’s biggest SPAC deals - and he’s telling us not to worry
מנכ"ל סלברייט יוסי כרמיל

Cellebrite coming to Nasdaq in upbeat mood despite suffering SPAC hit

31.08.21|Sophie Shulman
Investors redeemed $410 million of a total $480 million that was meant to be raised by the Israeli digital intelligence company that begins Wall Street trading on Tuesday at a $2.4 billion valuation
בני לנדא מייסד לנדא לאבס 3

Landa Digital Printing heading for Nasdaq SPAC merger at $2 billion valuation

25.08.21|Golan Hazani
The nanographic printing company has hired Bank of America and has been negotiating a potential merger with a SPAC over recent months
אסף וונד מנכ"ל היפו hippo

The Hippo in the room: How the insurtech unicorn lost half its value in two weeks

22.08.21|Sophie Shulman
Hippo has become the poster boy for everything that is problematic with SPACs, with 83% of the capital raised by its SPAC being withdrawn prior to the IPO and disappointing reports leading to a dramatic drop in its stock price
ג'ונתן מדבד ourcrowed כנס משקיעים 2019

Investment platform OurCrowd in negotiations for $1 billion SPAC merger

16.08.21|Golan Hazani
Jerusalem-based OurCrowd, founded by Jon Medved, helps institutions and individuals invest in emerging companies and is considered one of the most active venture investors in Israel
צוות עובדי הסטארט-אפ ממיק Memic

Israeli medical device company Memic to merge with SPAC at more than $1 billion valuation

13.08.21|Golan Hazani
Memic is set to merge with Nasdaq-traded MedTech Acquisition Corporation, with the combined company expected to hold approximately $360 million in cash
אסף וונד מנכ"ל היפו hippo

Hippo loses $192 million in funding right before SPAC merger, keeps $5 billion valuation

03.08.21|Sophie Shulman
The insurtech company, which begins trading on Wall Street Tuesday, lost a third of the capital it was planned to receive from Linkedin and Zynga founders’ SPAC as investors withdrew funds
מנכ"ל ולנס גדעון בן צבי

“SPAC mergers are like a bank loan, they are given to those who do not need it”

31.07.21|Golan Hazani
With its chips installed in Mercedes among others, Valens Semiconductor is gearing up for an October SPAC merger at a $1.16 billion valuation
בכירי קלטורה

Money in the bank makes the rules for tech's new public companies

25.07.21|Sophie Shulman
Having cash in the bank has become more important than a company’s valuation, and enables high tech executives to take strategic steps
תומר בר זאב מנכל איירון סורס

ironSource’s fall is a wake-up call for SPAC offerings

18.07.21|Golan Hazani
The sharp drop in valuations which followed the hot trend of SPAC mergers makes it seem as if traditional IPOs may be a preferred choice. The real test will be in August when companies will publish their quarterly figures about SPACs, which have yet to be revealed
יונתן נתן מיתר עורכי דין

The SPAC phenomenon: Two-way democratization of the U.S. capital markets

06.07.21|Jonathan M. Nathan
“The SPAC wave may present mid-size Israeli companies with an alternative path to the U.S. public markets. And, this path provides greater deal certainty than in a traditional IPO,” writes Jonathan M. Nathan of Meitar Law Offices
איירון סורס תחילת מסחר הנפקה בורסת ניו יורק

Riding the ironSource dragon all the way to Wall Street

29.06.21|Daniel Shinar
CEO of Clal Industries’ ClalTech, one of ironSource's notable investors, tells Calcalist about the road that led to the biggest public offering ever by an Israeli company
קרן לוי ו סקוט גאליט פיוניר Payoneer

Payoneer and ironSource clear final hurdle ahead of multi-billion SPAC mergers

24.06.21|Meir Orbach
The Israeli unicorns will hit U.S. public markets in the coming weeks after their mergers were approved by their respective SPACs
צביקה נטר אינוביד אינוויד Innovid

Innovid announces $1.3 billion SPAC merger with ION Acquisition

24.06.21|Golan Hazani
The Israeli company is set to raise approximately $403 million including proceeds from ION Acquisition Corp 2 and $150 million in PIPE financing
חברי הנהלת איירון סורס

230 new millionaires to be born thanks to ironSource SPAC merger

22.06.21|Golan Hazani
The Israeli company’s merger with a Thoma Bravo-backed SPAC next week at an $11 billion valuation will provide life-altering fortune to hundreds of its employees
יוני אסיא מנכ"ל ומייסד איטורו

eToro adds 3.1 million users in the first quarter of 2021

03.06.21|CTech
Israeli fintech company also doubled the number of trades executed on the platform year-on-year ahead of its upcoming SPAC merger at $9.6 billion valuation
גדעון בן צבי קרן ארטיסטאגורה Aristagora

Automotive chipmaker Valens secures billion-dollar SPAC

25.05.21|Golan Hazani
The Hod Hasharon-headquartered company has reached an agreement with PTK Acquisition Corp. to go public on NYSE
מימין הממונה על התחרות במשרד המשפטים האמריקאי ריצרד פאוורס ומייסד ומנכ"ל טאבולה אדם סינגולדה

Taboola under U.S. Department of Justice investigation for HR activities

03.05.21|Golan Hazani
The digital advertising platform revealed in an SEC filing that it became aware last month that the Antitrust Division of the U.S. DOJ is conducting a criminal investigation related to its hiring actions