Pomvom to list on Nasdaq after SPAC merger; valuation USD125m
Pomvom, an Israeli company, which develops experiential content to amusement parks and attractions globally, is merging with the SPAC, Israel Acquisitions Corp, which was set up by Izhar Shay last year.
Goldfarb, Gross, Seligman advised Pomvom, with the team comprising Amir Tzafrir, Aaron M. Lampert, Gur Nabel, Yaron Sever, Revital Shprung-Levy, Shuki Gottlieb and Esther Tayar.
Eyal Peled, partner in Greenberg Traurig’s New York office also advised, with assistance from Miami Co-Chair of the Global Corporate Practice Alan Annex, New York Shareholder Adam Namoury, Fort Lauderdale Shareholder Grant Levine, and New York Associates Catalina Rodriguez Trout and Eunice Park.
Naschitz Brandes Amir supported Israel Acquisitions Corp on the deal, which was led by Head of International Capital Markets, Tuvia Geffen, partners Asher Assis, Asi Moravchick, Roi Turgheman, and Keshet Sirota-Leviner, together with associates Sharon Gold, Tal Slabbaert, Michal Gomel, LL.M, Shai Cohen, and Hadar Mauda.
Pomvom serves many of the largest theme park and attraction operators globally, including parent companies Six Flags, Warner Bros., and Merlin Entertainment. Strategic long-term agreements signed in 2023 with Warner Bros. and Six Flags are expected to increase the number of partner sites for Pomvom to 47 sites by the end of 2024 — a 23% increase from its current 38 sites.
