Freightos SPAC: Should You Invest?

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