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ION Acquisition 3 Priced, NYSE: IACC

Third blank check company formed by ION Asset Management targeting an Israeli tech business (liquidated).

Industry: SPAC

Latest Trade: $10.04 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: +0.4%

Industry: SPAC

We are a newly incorporated blank check company incorporated as a Cayman Islands exempted company. While we may pursue an initial business combination opportunity in any industry or sector, we intend to focus on the rapidly growing universe of Israeli companies and entrepreneurs that apply technology and innovation to everyday lives. We will utilize the expertise and capabilities of our sponsor and its affiliates, our management team and our board of directors to support companies that can benefit from access to the U.S. public markets. Further, we intend to identify businesses with underexploited expansion opportunities in order to unlock long-term shareholder value in the future. Our sponsor is an affiliate of ION Asset Management, an Israel-based investment management group established in 2006. ION Asset Management’s investment teams have significant expertise, knowledge and experience managing equity funds focused on global and Israeli-related technology companies.
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IPO Data
IPO File Date 04/06/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.0
Deal Size ($mm) $220
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/29/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.0
Deal Size ($mm) $220
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
Goldman Sachs
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Company Data
Headquarters Herzliya, Israel
Founded 2021
Employees 3
Website www.ion-am.com

ION Acquisition 3 (IACC) Performance