iWeb Inc, OTC Markets QB, IWBB, announced it will acquire Tingo Mobile Plc from Tingo International Holdings, Inc, in a deal valuing the Tingo Mobile Plc at $3 7 Billion USD
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Fragrant Prosperity Holdings Ltd (LSE:FPP) | RNS | Fragrant Prosperity - Update on Intended Acquisition
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Israeli SPAC Moringa files to raise $100m for tech merger
According to its prospectus, the company will focus on mid-size Israel-related technology companies.
Israeli special purpose acquisition company (SPAC) Moringa Acquisition Corp. has filed to raise $100 million on Nasdaq for the acquisition of an Israeli tech company. The underwriters are EarlyBirdCapital and Moelis & Co.
Moringa is led by chairman and CEO Ilan Levin, a former senior executive at 3D printing firm Stratasys (Nasdaq: SSYS), and vice chairman Craig Marshak, who previously was managing director and global co-head of the Nomura Technology Investment Growth Fund, alongside CFO Gil Maman, who previously served in senior positions at Stratsys and SimilarWeb;