Israeli Wix Raises USD 1 Billion
Categories: Capital Markets, Tax
Wix.com, the Israeli platform enabling users worldwide to build and manage websites, has raised USD 1 billion through an oversubscribed convertible notes offering.
The capital injection significantly enhances Wix’s cash reserves, giving the company greater flexibility to pursue strategic initiatives and future growth opportunities.
Investor demand for the notes exceeded expectations, reflecting strong confidence in Wix’s long-term outlook and its ability to leverage global capital markets.
Meitar and Latham & Watkins advised Wix.
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