A longtime investment banker is accusing a New York law firm of malpractice after it allegedly froze his company's assets and restricted his ability to invest in a special purpose acquisition company he helped launch.
Moringa Acquisition: Fakten, Fakten, Fakten! () aktiencheck.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aktiencheck.de Daily Mail and Mail on Sunday newspapers.
Israeli SPAC Moringa raises $100m on Nasdaq
The special purpose acquisition company will now look for an Israeli tech company to merge into.
Israeli special purpose acquisition company (SPAC) Moringa Acquisition Corp. has $100 million on Nasdaq and will now seek an Israeli tech company to merge into.
Blank check company Moringa successfully issued 10,000,000 units at $10 per unit and will list on Nasdaq under the MACAU ticker. EarlyBirdCapital Inc. and Moelis & Company acted as joint book-running managers for the offering. They have been granted a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price.
RELATED ARTICLES
Moringa SPAC Prices $100M IPO themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.
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;