SPAC

20 stories about SPAC
צביקה נטר אינוביד אינוויד Innovid

Innovid in negotiations for SPAC merger at $1.2 billion valuation

03.05.21|Golan Hazani
ION Acquisition, which used its first SPAC to merge with Taboola, is believed to be interested in merging with the Israeli-founded video advertising company as well with its second SPAC
מנהלי ION מימין: יונתן קולבר ו גלעד שני

ION Acquisition eyeing merger with another Israeli tech giant after listing its third SPAC

02.05.21|Golan Hazani
The company, led by co-CEOs Gilad Shany and Avrom Gilbert, and Chairman Jonathan Kolber, plans to raise $220 million as it seeks to “focus on the rapidly growing universe of Israeli companies and entrepreneurs that apply technology and innovation to our everyday lives"
דפנה ניסנבאום מייסדת ו מנכלית משותפת TIPA

Cleantech company Tipa considering SPAC merger at over $500 million valuation

28.04.21|Meir Orbach
The Israeli company, which develops compostable flexible packaging, raised funds at a $120 million valuation just four months ago
בועה בורסה מניות עליות שערים וול סטריט

The capital markets are sobering up from the great SPAC binge

22.04.21|Sophie Shulman
The SPAC index has fallen 11% since the start of the year; many SPAC shares have crashed and short positions on them have multiplied; Is Israel’s SPAC gold rush coming to an end?
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר

Israeli fintech startup Pagaya eyeing Wall Street at $8 billion valuation

22.04.21|Golan Hazani
Through the first three months of the year, Pagaya registered revenue reflecting $300 million annually, and a profit of $100 million for the year
אורן בר און 28.4.20

Covid-19 led to the Israeli tech sector’s rapid maturation

19.04.21|Oren Bar-On
A good mix of tech specialization and more patient board rooms is seeing Israel transition out of its startup nation phase
מוסף עצמאות איור כתבת יוניקורנים

7 reasons why Israel has become an assembly line for tech unicorns

17.04.21|Sophie Shulman
The stars aligned perfectly for the local tech sector over the past year, sparking a baby boom of billion-dollar companies
בן וולקוב אוטונומו

Your company raises billions via a SPAC - now what?

13.04.21|James Spiro
Three months after Otonomo became a Unicorn company via a SPAC, CEO Ben Volkow joined CTech to share some insights and lessons
מיליונר מיליונרים כסף דולר דולרים עשיר עשירים

Israeli tech employees cash in over $2 billion in Q1 secondary deals

13.04.21|Sophie Shulman
According to several recently signed mergers between Israeli tech companies and SPAC firms traded on U.S. markets, an additional sum of $2.7 billion is soon set to reach the accounts of a group of Israeli employees and entrepreneurs
גדעון בן צבי קרן ארטיסטאגורה Aristagora

Israeli chipmaker Valens heading to billion-dollar SPAC

12.04.21|Golan Hazani
The Hod Hasharon-headquartered company is in advanced talks to go public in the U.S. and has hired Bank of America to lead the offering
מנכ"ל סלברייט יוסי כרמיל

Cellebrite to go public through a SPAC merger at a $2.4 billion valuation

08.04.21|Sophie Shulman
The Israeli digital intelligence company is set to merge with Nasdaq listed TWC Tech Holdings Corp II
מימין:   ד״ר דוד סידרנסקי עידו צאירי ד״ר יובל קבילי   קרן השקעות Israel Biotech Fund

Israel Biotech Fund ready to expand portfolio after closing $112 million second fund

05.04.21|Meir Orbach
The fund will focus on the investment and formation of Israeli biotech and pharma companies developing drugs at different stages of development and for various indications
נאסד"ק וול סטריט

Is Israeli tech companies’ Wall Street heyday coming to an end?

04.04.21|Sophie Shulman
Investors are no longer flocking to everything that smells of tech; some companies may have to alter their IPO plans
מימין אלון חורי ו ניסים טפירו מייסדי נקסט אינשורנס

“People called it a bubble when Next Insurance raised at a $1 billion valuation too”

01.04.21|Sophie Shulman
The company's founders talk about their fresh $4 billion valuation, their aversion to SPACs, and the decision not to chase profitability
ועידת ברלין 2019 חמי פרס 2

Pitango and Chemi Peres launching $230 million SPAC

29.03.21|Meir Orbach
The new special acquisition company, backed by VC funds Pitango, Amplify, and Sphera, has been named Israel Amplify Program and is targeting a merger with a technology company in Israel
חברי הנהלת איירון סורס

IronSource quietly launches spin-off Rise shortly before $11 billion SPAC merger

24.03.21|Meir Orbach
Rise provides solutions to help maximize digital assets, create business growth and scale audience
חללי עבודה wework ניו יורק

WeWork discloses $3.2 billion loss in 2020 as it seeks SPAC deal

23.03.21|Reuters
The company’s losses narrowed from $3.5 billion in 2019 and it plans to go public at a valuation of $9 billion including debt
חברי הנהלת איירון סורס

IronSource shareholders and employees on their way to a $1.5 billion payday

21.03.21|Sophie Shulman
The company will raise $2.3 billion at an $11 billion valuation through a SPAC merger with Thoma Bravo
מימין גיל דויטש ו רוני בירם

Tel Aviv Stock Exchange gearing up for its first SPAC offering

21.03.21|Golan Hazani
The founders of the Excellence Nessuah investment house are in advanced negotiations with the Israel Securities Authority to make Israel the second country after the U.S. to enable Special Purpose Acquisition Companies
Arbe founders

4D radar developer Arbe Robotics headed to Nasdaq via SPAC merger

18.03.21|Udi Etsion
The Israeli autotech innovator is set to merge with Industrial Tech Acquisitions at a valuation of $723 million