SPAC

20 stories about SPAC
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
עפר גונן מנכ"ל כלל ביוטכנולוגיה

CBI plans to issue new SPAC to merge with Israeli life science company

18.03.21|Hezi Sternlicht
The Israeli biotech giant plans to raise $100 million on Nasdaq to acquire a company that’s involved in advanced healthcare solutions
Yoni Assia eToro

Is eToro really worth more than $10 billion?

17.03.21|Sophie Shulman
The Israeli fintech company, which officially announced its SPAC merger yesterday, generated gross revenues of $605 million in 2020 and believes it could reach $2.5 billion in 2025
יוני אסיא מנכ"ל ומייסד איטורו

eToro officially announces $10.4 billion SPAC merger with Betsy Cohen’s FinTech Acquisition

16.03.21|Meir Orbach
In 2020, eToro added over 5 million new registered users and generated gross revenues of $605 million, representing year-over-year growth of 147%