Fintech firm Pagaya said seeking SPAC merger at $8 billion valuation
Offices of Pagaya in Tel Aviv (YouTube screenshot) Israeli fintech firm Pagaya Investments, a maker of data-driven investment software, is seeking to list shares on Wall Street via a merger with a special purpose acquisition company (SPAC) at a $8 billion valuation, Calcalist reported on Thursday. The company is in parallel examining a possible initial public offering of shares, the financial website said, without saying from where it got the information. Pagaya is in talks with several SPACs regarding a merger, led by investment bank JP Morgan. The board of directors of the fintech firm has ...
Source: timesofisrael.com