Gesher I Acquisition Corp. focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. The company was incorporated in 2021 and is based in Tel Aviv, Israel.
IPO Year: 2021
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/27/2022 | $13.00 | Buy | Chardan Capital Markets |
JERUSALEM, Jan. 12, 2023 /PRNewswire/ -- Freightos Limited today announced that transactions on its platform more than doubled in the fourth quarter of 2022 compared to the same quarter in the prior year. A record 211 thousand transactions were booked on the platform in Q4 2022, up from 97 thousand in Q4 2021 and 22 thousand in Q4 2020. This brought the total freight transactions booked across the platform in 2022 to 668 thousand, exceeding internal targets for both quarterly and annual targets and representing a 154% growth compared to 2021. This growth was supported by an increase in both demand - users booking across the platform - and supply - carriers offering their services on the plat
JERUSALEM, Nov. 14, 2022 /PRNewswire/ -- Freightos Limited, a leading global freight booking and payment platform, today released its results for the third quarter of 2022, including record gross booking value (GBV) and transactions, by posting an update on its website. Please visit freightos.com/investors to view the update. As previously announced, Freightos has entered into a definitive business combination agreement with Gesher I Acquisition Corp. (NASDAQ:GIAC), a special purpose acquisition company, that is expected to result in Freightos becoming publicly listed on Nasd
JERUSALEM, Sept. 13, 2022 /PRNewswire/ -- Gesher I Acquisition Corp. (NASDAQ:GIAC, ", Gesher", ))) a publicly-traded special purpose acquisition company, and Freightos Limited ("Freightos" or the "Company"), today announced the confidential submission to the U.S. Securities and Exchange Commission ("SEC") of a draft registration statement on Form F-4 (the "Registration Statement") relating to their previously announced proposed business combination. "Submitting a draft prospectus and proxy statement marks another milestone on our path to completing our planned business combina
Gross Booking Value ("GBV"): $155 million – up 137% year-over-year (159% in constant currency).1Revenue: $5.2 million2 – up 30% year-over-year (35% in constant currency).Number of Platform Transactions: 150k – up 163% year-over-year.JERUSALEM, Aug. 9, 2022 /PRNewswire/ -- Freightos Limited, a leading global freight booking and payment platform, today announced its results for the second quarter of 2022. Freightos' CEO Zvi Schreiber said: "Freightos continues to demonstrate strong, predictable growth that exceeded targets, despite macroeconomic volatility that impacted consumer
LATAM Cargo goes live as the first South American carrier, offering real-time booking to over 3,500 forwarders on WebCargo by Freightos HONG KONG, June 17, 2022 /PRNewswire/ -- Over the past three years, air cargo has undergone a digital revolution, driving more reliable, accurate, and accessible supply chains. This is particularly important in South America, which exports approximately $1 trillion of goods annually. Digital Air Cargo is expanding to South America with LATAM Cargo, the largest South American carrier, offering real-time pricing and booking for forwarders on Web
Freightos' digital freight booking and payment platform addresses the monumental challenges of the global supply chainFreightos' platform already has significant traction and has attracted well over 10,000 importers/exporters, 3,500 freight forwarders, and 200 carriers, enabling hundreds of thousands of international freight bookings annuallyRapid growth with 213% CAGR in gross booking value ("GBV") between 2019 Q1 and 2022 Q1 and over 60% Gross MarginsDigitalization of global freight is now being rapidly adopted with an estimated total addressable market of US$1.8 trillion in GBV by 2025Gesher I Acquisition Corporation's investment in Freightos will take the company public with an implied p
Composite Analysis Group, Inc., an affiliate of Safer Logistics, LLC, to provide $10 million backstop commitmentNEW YORK and TEL AVIV, Israel, April 19, 2022 /PRNewswire/ -- Gesher I Acquisition Corp. ("Gesher" or the "Company") (NASDAQ:GIAC) announced today that Composite Analysis Group, Inc. ("Composite"), an affiliate of Safer Logistics, LLC, has agreed to provide Gesher $10,000,000 of committed capital (the "Backstop Commitment") to backstop redemptions by shareholders of Gesher in connection with Gesher's initial business combination if certain minimum cash conditions are not met. This is the second backstop commitment Gesher has obtained.
M&G to purchase 4 million forward purchase units at a price of $10.00 per unit for an aggregate price of $40 millionM&G has agreed to provide a backstop commitment of up to $10 millionM&G agrees not to exercise redemption rightsNEW YORK and TEL AVIV, Israel, March 28, 2022 /PRNewswire/ -- Gesher I Acquisition Corp. ("Gesher" or the "Company") (NASDAQ:GIAC) and M&G (ACS) Japan Equity Fund, an entity managed by M&G Investment Management Limited ("M&G"), entered into an amended and restated forward purchase agreement (the "Amended Forward Purchase Agreement"). The Amended Forward Purchase Agreement amends and restates the forward purchase agreement the Company and M&G had entered into in connec
SC 13G/A - Gesher I Acquisition Corp. (0001853314) (Subject)
SC 13G/A - Gesher I Acquisition Corp. (0001853314) (Subject)
SC 13G - Gesher I Acquisition Corp. (0001853314) (Subject)
SC 13G/A - Gesher I Acquisition Corp. (0001853314) (Subject)
SC 13G/A - Gesher I Acquisition Corp. (0001853314) (Subject)
SC 13G/A - Gesher I Acquisition Corp. (0001853314) (Subject)
SC 13G/A - Gesher I Acquisition Corp. (0001853314) (Subject)
SC 13G/A - Gesher I Acquisition Corp. (0001853314) (Subject)
SC 13G/A - Gesher I Acquisition Corp. (0001853314) (Subject)
SC 13G - Gesher I Acquisition Corp. (0001853314) (Subject)
JERUSALEM, Jan. 12, 2023 /PRNewswire/ -- Freightos Limited today announced that transactions on its platform more than doubled in the fourth quarter of 2022 compared to the same quarter in the prior year. A record 211 thousand transactions were booked on the platform in Q4 2022, up from 97 thousand in Q4 2021 and 22 thousand in Q4 2020. This brought the total freight transactions booked across the platform in 2022 to 668 thousand, exceeding internal targets for both quarterly and annual targets and representing a 154% growth compared to 2021. This growth was supported by an increase in both demand - users booking across the platform - and supply - carriers offering their services on the plat
Gross Booking Value ("GBV"): $155 million – up 137% year-over-year (159% in constant currency).1Revenue: $5.2 million2 – up 30% year-over-year (35% in constant currency).Number of Platform Transactions: 150k – up 163% year-over-year.JERUSALEM, Aug. 9, 2022 /PRNewswire/ -- Freightos Limited, a leading global freight booking and payment platform, today announced its results for the second quarter of 2022. Freightos' CEO Zvi Schreiber said: "Freightos continues to demonstrate strong, predictable growth that exceeded targets, despite macroeconomic volatility that impacted consumer
Freightos' digital freight booking and payment platform addresses the monumental challenges of the global supply chainFreightos' platform already has significant traction and has attracted well over 10,000 importers/exporters, 3,500 freight forwarders, and 200 carriers, enabling hundreds of thousands of international freight bookings annuallyRapid growth with 213% CAGR in gross booking value ("GBV") between 2019 Q1 and 2022 Q1 and over 60% Gross MarginsDigitalization of global freight is now being rapidly adopted with an estimated total addressable market of US$1.8 trillion in GBV by 2025Gesher I Acquisition Corporation's investment in Freightos will take the company public with an implied p
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25-NSE - Gesher I Acquisition Corp. (0001853314) (Subject)
8-K - Gesher I Acquisition Corp. (0001853314) (Filer)
8-K - Gesher I Acquisition Corp. (0001853314) (Filer)
8-K - Gesher I Acquisition Corp. (0001853314) (Filer)
10-K - Gesher I Acquisition Corp. (0001853314) (Filer)
DEFM14A - Gesher I Acquisition Corp. (0001853314) (Filer)
10-Q/A - Gesher I Acquisition Corp. (0001853314) (Filer)
8-K - Gesher I Acquisition Corp. (0001853314) (Filer)
8-K - Gesher I Acquisition Corp. (0001853314) (Filer)
Chardan Capital Markets initiated coverage of Gesher I Acquisition Corp. with a rating of Buy and set a new price target of $13.00