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Newly public Freightos (CRGO) stock edged up 5% in late morning trading Friday after soaring as high as 205% following its market debut on Thursday. Read more here.
Digital booking and payment platform Freightos Limited and special purpose acquisition company (SPAC) Gesher I Acquisition Corp. signed a definitive merger agreement for the company to be publicly listed on the NASDAQ under the symbol FROS. The entity will hold a pro forma enterprise value of roughly $435 million, according to today’s release. The combined
Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.
Composite Analysis Group, Inc., an affiliate of Safer Logistics, LLC, to provide $10 million backstop commitmentNEW YORK and TEL AVIV, Israel, Apr...