Freightos SPAC: Should You Invest?
2 years ago
6
The #Freightos #spac will have a pro forma enterprise value of approximately $435 million and could generate up to $166 million, although realized cash could be a quarter of that amount depending on the extent of Gersher’s pre-merger redemptions. The deal is small by SPAC standards.
The Jerusalem-based freight technology startup also disclosed that its existing investors include Qatar Airways, the world’s largest cargo airline; FedEx (NYSE: FDX); the cargo division of International Airlines Group (British Airways, Iberia, Aer Lingus, Vueling, Level); and LATAM Airlines Group in South America.
TIMESTAMPS:
00:00 INTRODUCTION
03:35 STATS
07:21 COMPETITORS
09:42 MEME FACTOR
11:23 BULL VS BEAR
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