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GT Tel Aviv Represents Israeli Cyren in Registered Direct Offering
Congratulations to our longstanding client Cyren (NASDAQ:CYRN), who recently announced the closing of a $13.8 million registered direct offering. Cyren is an Israeli cloud-based, Internet Security Technology company that operates worldwide. Leading this transaction is Tel Aviv Managing Shareholder Joey Shabot, with US based Securities shareholders Katherine Beck and Laurie Green, as well
Tel Aviv Client Goes Public in $1.4 Billion SPAC Deal
Congratulations to our client Innoviz Technologies on going public. As recently reported by various media outlets, Innoviz Technologies, an Israeli technology and perception company, is going public through a $1.4 billion special purpose acquisition corporation (SPAC) deal with Collective Growth Corporation, and will be listed on NASDAQ under the ticker symbol INVZ.
Over US $8 Billion Raised by Israeli Companies in 2020 on Public Markets
Israeli business Journal Globes recently reported 2020 to be a record-breaking year for Israeli companies raising capital on the New York and Tel Aviv Stock Exchanges.
Since the beginning of the year, Israeli companies have raised NIS 30 billion (US $8.3 billion) in both locations, with NIS 10 billion (US $2.8 billion) raised on stock
New NYSE Rule Requires Foreign Private Issuers to File Semi-Annual Unaudited Financial Information
The New York Stock Exchange (NYSE) announced the adoption of a rule change (the Rule Change) to its Listed Company Manual (the Manual) that would affect listed foreign private issuers (FPIs).1 In adopting the Rule Change, the NYSE has narrowed the gap in reporting requirements that currently exists between NYSE-listed FPIs and NYSE-listed domestic