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Taboola (ION Acquisition 1) Priced, NYSE: TBLA

Blank check company formed by ION Asset Management to acquire an Israeli business (completed 6/29/2021).

Industry: SPAC

First Day Return: +4.6%

We are a newly incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. Our sponsor is an affiliate of ION Asset Management Ltd (“ION Asset”), an Israel-based investment management group established in 2006. ION Asset’s management team has significant expertise, knowledge and experience, and currently manages assets worth approximately $1.5 billion, including managed accounts, hedge funds and private equity portfolios. ION Asset’s management teams invest in public and private companies using a bottom-up stock selection approach to pursue attractively priced companies with long-term revenue and earnings growth prospects. ION Asset’s management and investment teams have demonstrated a strong track record of historical performance.
IPO Data
IPO Date 10/01/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $225
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Herzliya, Israel
Founded 2020
Employees at IPO 3
Website www.ion-am.com

Taboola (ION Acquisition 1) (TBLA) Performance

Created with Highcharts 10.3.2Chart context menuTBLA vs. IPO Index (IPOUSA)Oct '20Oct…Jan '21Apr '21Jul '21Oct '21Jan '22Apr '22Jul '22Oct '22Jan '23Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25Apr '25-50%0%+ 50%-100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index