Herzog represented fintech company Nayax in its IPO on the Tel Aviv Stock Exchange. The Nayax IPO is the largest ever technology IPO by both deal size and market cap on the Tel Aviv Stock Exchange, and is the second largest TASE IPO in the last 10 years. Founded in 2005, Nayax is a global […]
Author: Idan Nishlis
Israeli company Syqe Medical, a developer of a medical cannabis inhaler, has received nod from the Canadian health authorities that will allow the company to market its metered-dose inhaler to patients in Canada. This is the first approval given by an international regulatory authority to market a precisely dosed cannabis inhaler as a medical product, […]
Israel’s securities regulator sets out terms for Tel Aviv SPACs The terms aim to protect investors, ISA says; among the new rules: sponsors must raise minimum of NIS 400 million (USD 123 million) mainly from institutional investors. SPACs, also called “blank check” companies, are a form of a shell company set up by an entrepreneur, […]
Canadian payment technology company Nuvei Corporation (TSX: NVEI has entered into a definitive agreement to acquire Israeli crypto start-up startup Simplex for USD 250 million cash. According to IVC, the company has raised USD 18 million, mainly from private investors. This is the company’s second Israeli acquisition after buying online payment processing company SafeCharge from […]
Wix, the Israeli firm that has developed a do-it-yourself platform to create websites, is to buy Tel Aviv-based startup Rise.ai, a developer of gift-card and store-credit software that allows e-commerce firms to re-engage with their customers. Tadmor Levy represented Rise.ai in its acquisition by Wix.com. The team comprised Elie Sprung, Yarden Navry, Boaz Feinberg and […]
Taylor Wessing in partnership with British Embassy Israel, have announced that they are to launch new joint venture – The VC Club. The Club is comprised of over 30 member VCs from the UK and Israel and will discover new innovation trends and access high-quality start-up deal flow by building strong relationships, sharing business intelligence […]
Israeli startups raised USD 2.2 billion in April 2021, according to press releases from the companies and their investors. This was the second successive month in which Israeli startups raised more than USD 2 Billion, after raising a record USD 2.8 billion in March. Israeli tech companies raised USD 5.4 billion in the first three […]
Valmont Industries, Inc., a U.S. maker of irrigation and infrastructure equipment, announced its agreement to buy Israel’s Prospera Technologies, a maker of artificial intelligence-based sensors and cameras for monitoring crops, for USD 300 million. The merging of the firms will create the “largest global, vertically-integrated artificial intelligence (AI) company in agriculture,” the companies said in […]
Agmon & Co. Rosenberg Hacohen & Co. is representing Delek Drilling in a complex and unprecedented reorganization process. The new company, NewMed Energy will be dual-listed on the TASE and LSE, allowing the company to expand its global activity and reach. Leading this process are Advs. Shirel Guttman-Amira, Ran Shalom, Dan Hacohen, Ze’ev Gutreich, Liraz […]
Israeli-US universal data storage solutions company VAST Data has announced the completion of a USD 83 million Series D financing round at a company valuation of USD 3.7 Billion. The company has more than tripled its valuation since raising USD 100 million (also represented by H-F & Co.) in April 2020 at a company valuation […]
