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Taboola signs deal to go public on NYSE via a SPAC at $2.5-3 billion valuation – CTech

Four months after the planned merger with Outbrain fell through, the Israeli content recommendation platform is heading to Wall Street

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Digital advertising platform Taboola is on its way to the New York Stock Exchange, with a person familiar with the move telling Calcalist under the condition of anonymity that it has signed a deal to merge with ION Asset Managments special-purpose acquisition company (SPAC). ION Acquisition Corp 1 Ltd. raised $259 million in its initial public offering on NYSE in October with the goal of “meeting with Israeli tech and innovation driven companies to find a suitable partner for a merger,” according…

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