SPAC Merger Puts Innovid’s Value At $1.3 Billion

Ad server Innovid is going public via a special purpose acquisition corporation (SPAC), a move aimed at driving the company’s plans for global expansion. Following approval by the Securities and Exchange Commision, the merger with ION Acquisition Corp. 2 would put Innovid’s total value at $ 1.3 billion. Plus, it allows Innovid to raise $ 403 million.… Continue reading »

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