Israeli firm files for $220 million SPAC on Wall Street, days after Taboola deal

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(The Times of Israel)

ION Asset Management sets up new company aimed at taking another Israeli tech company public in US after closing $2.6 billion agreement earlier this week

An Israeli special purpose acquisition company, or SPAC, filed Tuesday to raise $220 million in an initial public offering on the New York Stock Exchange with the aim of taking an Israeli tech company public in the future.

ION Acquisition Corp 2, formed by Israel’s ION Asset Management, filed for its IPO days after its parent company’s first SPAC merged with Israel’s Taboola at a valuation of $2.6 billion.

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