The rollercoaster of the world’s capital markets has been widely reported over the past year. In Israel, even after the political chaos surrounding judicial reform, July was oddly crowned the best month on the Tel Aviv Stock Exchange in the past year: The Tel Aviv 35 Index climbed almost 7%, while the Tel Aviv 125 Index […]
Author: Idan Nishlis
Adv. Yosef (Seffy) Zinger has been confirmed as the next chairperson of the Israel Securities Authority. Zinger is currently a partner in the Corporate and Securities Department of law firm Herzog Fox & Neeman. Read more in Globes.
The dream of the Israeli tech companies that held IPOs on Wall Street turned into a nightmare when the bubble burst at the end of 2021. But now companies like Lemonade (NYSE: LMND), Camtek (Nasdaq: CAMT), Unity-ironSource (Nasdaq: U) and JFrog (Nasdaq: FROG) are bouncing back, riding the wave of this year’s strong gains on […]
Coro has successfully acquired start-up, Privatise, in a significant acquisition which concludes Coro’s amazing growth with USD155 million total funding raised in the last 12 months. Herzog acted for Coro, with the transaction led by partners Yoni Frider and Raz Ofer, together with support from associates Rei Even-Chen and David Ardila.
The Tel Aviv Stock Exchange (TASE) is establishing a department that will offer various solutions in the worlds of digital assets, and thanks to the transaction, it will be able to use Fireblocks ‘s technological infrastructure to provide the services and become a leader in the field in Israel. Meitar advised TASE, led by Jonathan […]
Israeli aerospace company ParaZero Technologies Ltd. has completed its USD 7.8 million IPO. ParaZero is focused on drone safety systems and is engaged in the business of designing, developing, and providing autonomous parachute safety systems for commercial drones, also known as unmanned aerial systems. Greenberg Traurig acted for the company in its IPO on the […]
The publicly traded clinical-stage oncology company, Ayala Pharmaceuticals has merged with Biosight Ltd., a privately-held pharmaceutical company developing innovative therapeutics for hematological malignancies and disorders. Following the all-stock transaction, the combined company will operate under the name Ayala Pharmaceuticals, Inc., and will continue to trade on the OTCQX under Ayala’s current ticker symbol (“ADXS”). Horn […]
Esther Luzzatto of the Luzzatto Group is to head Council for Advancement of Women in Science & Technology, a governmental body that coordinates efforts to promote and increase the involvement of women in science and technology-related professions. Read more in Jerusalem Post.
Israel’s largest solar energy company, SolarEdge, has signed a joint venture with Ajlan & Bros Holding (AHB) to adopt solar energy in Riyadh. The joint venture will support the deployment of smart renewable energy solutions in Saudi Arabia and aligns with the Saudi Vision 2030 initiative, aiming to reduce the country’s dependence on oil by […]
The Knesset last week approved a law dubbed “Angels Law,” which grants some tax benefits to investors in Israeli hi-tech companies, as well as incentives for acquiring or merging with startups if the intellectual property is registered in Israel and they have operations in the country. The government said that the purpose of the law […]
