Pomvom Ltd. and Israel Acquisitions Corp. Announce Definitive Business Combination Agreement, Bringing the Leading Experiential Content Company to the Nasdaq
TEL-AVIV, Israel, Jan. 2, 2024 /PRNewswire/ -- Israel Acquisitions Corp. (NASDAQ: ISRL) (NASDAQ: ISRLU) (NASDAQ: ISRLW) ("ISRL") , a publicly-traded special purpose acquisition company, and Pomvom Ltd.(TASE: PMVM) ("Pomvom" or the "Company"), a technology company that develops experiential content to amusement parks and attractions globally, replacing operative physical solutions, today announced a definitive business combination agreement at a total equity value for Pomvom of $125 million USD (the "Business Combination Agreement").
- TEL-AVIV, Israel, Jan. 2, 2024 /PRNewswire/ -- Israel Acquisitions Corp. (NASDAQ: ISRL) (NASDAQ: ISRLU) (NASDAQ: ISRLW) ("ISRL") , a publicly-traded special purpose acquisition company, and Pomvom Ltd.(TASE: PMVM) ("Pomvom" or the "Company"), a technology company that develops experiential content to amusement parks and attractions globally, replacing operative physical solutions, today announced a definitive business combination agreement at a total equity value for Pomvom of $125 million USD (the "Business Combination Agreement").
- The combined company will trade on the Nasdaq and leverage Pomvom's leading technology augmented with the expertise of the ISRL team.
- Pomvom serves many of the largest theme park and attraction operators globally, including, parent companies Six Flags, Warner Bros., and Merlin Entertainment.
- Pomvom's launch of digital content across its partner sites is expected to leverage its new online platform and accelerate long-term growth.