ION Acquisition Corp 1 Ltd.

Merged
CIK: 1821018•Ticker: IACA•Merged Ticker: TBLA
Successfully merged with Taboola.com Ltd. • Now trading as TBLA

SPAC Overview

$266M
IPO Size
$259M
Trust (as of 2021-03-31)
Completed
Current Status
2020
IPO Year

Timeline Progress

About

ION Acquisition Corp 1 Ltd. is a blank-check company seeking a business combination with an Israeli company, with a primary focus on technology and innovation businesses. It plans to use its management team's investment and operating expertise to help companies access U.S. public markets and support their growth.

Investment Focus

Technology

Geographic Focus

Israel

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
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SPAC Team

Sponsors

Underwriters

Extended Team Information

The team includes veterans of Israel's technology community, led by Chairman Jonathan Kolber, CEO Gilad Shany, President and COO Avrom Gilbert, and CFO Anthony Reich. Their experience spans investing, company building and operations; the independent director nominees add significant technology, finance and M&A experience.

Stock Performance

TBLA
Trading Symbol
First Trade
June 30, 2021
$11.04
At Merger
July 6, 2021
$10.09
-9%
6 Months Post-Merger
January 4, 2022
$7.28
-28%
1 Year Post-Merger
July 5, 2022
$2.70
-73%
2 Years Post-Merger
July 3, 2023
$3.18
-68%
Current Price
October 2, 2026
$3.23
-71%

Key Information

IPO Date
October 5, 2020
PIPE
$135M
State of Incorporation
E9
SIC
6770
Completion Date
June 30, 2021
Merger Target
Taboola.com Ltd.
SPAC Ticker
IACA
Merged Ticker
TBLA