Freightos spac merger
WebBUSINESS COMBINATION AGREEMENT . This Business Combination Agreement, dated as of May 31, 2024 (this “Agreement”), is made and entered into by and among (i) Gesher I Acquisition Corp., a Cayman Islands exempted company limited by shares (“SPAC”), (ii) Freightos Limited, a Cayman Islands exempted company limited by shares (the … WebMay 31, 2024 · By Zvi Schreiber , CEO, Freightos May 31, 2024. Today we’re excited to announce that (drumroll…) Freightos is going public! The official announcement is here. This is an exciting milestone that accelerates our vision of a digital platform that modernizes international freight and improves global trade. First, some background.
Freightos spac merger
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WebJan 27, 2024 · Shares of Freightos (NASDAQ:CRGO) rose as much as 30% following the company’s successful completion of a special purpose acquisition company (SPAC) … WebJun 1, 2024 · Bloomberg. June 01, 2024 22:04 pm +08. - A + A. (June 1): Freightos Ltd, a digital platform for global freight-booking services, is set to go public through its tie-up with blank-cheque company Gesher I Acquisition Corp. As part of the transaction, Freightos has secured US$80 million in capital commitments to further scale the business and ...
WebApr 10, 2024 · Freightos (CRGO) Stock Soars 30% After SPAC Merger. Shares of Freightos (NASDAQ: CRGO) rose as much as 30% following the company's successful … WebMay 31, 2024 · Freightos’ digital freight booking and payment platform addresses the monumental challenges of the global supply chain ... a special purpose acquisition company, today announced they have entered into a definitive merger agreement that would result …
WebJun 1, 2024 · The business merger is expected to generate at least $80 million in gross proceeds and potentially up to $166 million depending on redemptions, which will be used to fund Freightos’ growth plan. The implied pro forma equity value of the combined company is expected to be at least approximately $500 million. Existing Freightos shareholders … WebJun 1, 2024 · IPOs FedEx-Backed Freightos Merges With Gesher SPAC at $435 million valuation. Freightos obtains $80 million in funding as part of a transaction with FedEx …
WebJan 27, 2024 · Illustration: Ali Larkin. Online freight booking platform Freightos Ltd. started trading shares publicly on Thursday through a merger with a special-purpose acquisition …
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