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Israeli Billionaire Hires Black Cube to Spy on Former Partner Company Vale

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Nagomi Security raises $23 million Series A for proactive defense platform

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SPAC

20 stories about SPAC

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

How did Hub Security go from a $1.3 billion valuation to potential bankruptcy in six months

17.08.23|Almog Azar

The Israeli cyber company, which merged with a SPAC in February, began trading on Nasdaq at a value of $1.3 billion. However, since then, the founder was suspected of embezzlement and left, the stock plummeted, the coffers emptied, and the 2022 reports, which were submitted only this week, feature a note regarding the company's ability to continue as a going concern

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

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

Show me the money: Investors in Hub Security’s SPAC still haven't deposited the money

26.02.23|Almog Azar

The Israeli cyber company, which is supposed to merge with an American SPAC at a value of $1.28 billion, canceled Sunday's shareholders' meeting during which the change in the identity of the investors in the offering was set to be approved. The reason: the investors have not yet deposited the money

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

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

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

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

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

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

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

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

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

Pagaya focused on long-term goals despite dejecting opening day on Nasdaq

23.06.22|Sophie Shulman

The Israeli fintech company saw its shares plummet on its first day on Wall Street after completing its SPAC merger at an $8.5 billion valuation

מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר

Fintech unicorn Pagaya to complete SPAC merger despite turmoil

19.06.22|Sophie Shulman

The company, valued at $8.5 billion, is set to begin trading on Nasdaq later this week after shareholders of SPAC EJF Acquisition Corp. voted in favor of the combination

ערן שוסט מנכ"ל ומייסד משותף Splitty כנס פינטק 2019

Travel booking platform Holisto merging with SPAC at $405 million valuation

14.06.22|CTech

The Israeli startup’s online travel booking platform uses AI to analyze hotel rates and plans across multiple inventory sources to provide consumers with more personalized bookings