ION Acquisition Corp 2, Ltd. ("ION") (NYSE:IACB), a special purpose acquisition company, announced today that its shareholders voted to approve the previously announced business combination with Innovid Inc. ("Innovid" or the "Company"), a leading independent connected TV (CTV) advertising delivery and measurement platform, at its Extraordinary General Meeting held on November 29, 2021. Approximately 97.4% of the votes cast at the meeting voted to approve the transaction. The closing of the business combination is expected to take place on November 30. The transaction will generate approximately $251 million of proceeds upon closing, after giving effect to redemptions (of 19,585,174 shares

Revenue of $64.3 million is up 41% over last year, driven by 65% growth in revenue from CTV Adjusted EBITDA of $3.7 million surges 201% vs. one year ago, representing a 6% adjusted EBITDA margin Expected to start trading as Innovid, under the new ticker symbol "CTV" on December 1, 2021, after completing a merger with ION Acquisition Corp. 2 Ltd. NEW YORK, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Innovid, a leading independent connected TV (CTV) advertising delivery and measurement platform, reports results for the nine months ended September 30, 2021, as part of its planned merger with ION Acquisition Corp. 2 Ltd. ("ION") (NYSE:IACB). The combined company will operate under the Innovid name an

Special meeting of ION Acquisition Corp 2 Ltd.'s stockholders to approve the proposed business combination with Innovid, Inc. to be held on November 29, 2021 ION Acquisition Corp 2 Ltd. (NYSE:IACB, IACB and IACB WS))) ("ION"), a publicly-traded special purpose acquisition company, and Innovid, Inc. ("Innovid"), a leading independent connected TV (CTV) advertising delivery and measurement platform, announced today that the U.S. Securities and Exchange Commission ("SEC") has declared effective ION's Registration Statement on Form S-4 (the "Registration Statement"), as amended, which was filed in connection with ION's previously announced business combination (the "Business Combination") wi

NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Innovid, a leading independent connected TV (CTV) advertising delivery and measurement platform, and ION Acquisition Corp. 2 Ltd. ("ION") (NYSE:IACB), a special purpose acquisition company, today announced an additional $50 million private placement of common stock ("PIPE") from a group of existing PIPE investors adding to initial commitments on the same terms as the initial PIPE financing in their recently announced business combination transaction. This brings the aggregate amount of PIPE commitments to $200 million. The combined company will operate under the Innovid name and will trade on the NYSE under the CTV ticker symbol to align with In

NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Innovid, a leading independent ad delivery and measurement platform for connected TV, today announced that ION Acquisition Corp. 2 Ltd. (NYSE:IACB) ("ION") has filed with the U.S. Securities and Exchange Commission ("SEC") a registration statement on Form S-4 (the "Registration Statement"), which contains a preliminary proxy statement/prospectus, in connection with the previously announced proposed business combination with Innovid. The Registration Statement provides important information about ION, Innovid and the proposed business combination, but has not yet become effective and is subject to change. ION's Class A common stock is currently t

Total raised to be approximately $403 million including proceeds from ION Acquisition Corp 2 and a PIPE from Fidelity Management and Research Company LLC, Baron Capital Group, funds associated with ION, and others Innovid is going public via a merger with ION Acquisition Corp. 2 Ltd. (NYSE:IACB), a publicly traded special purpose acquisition company, or SPAC, with $253M in trust.The transaction implies a pro forma valuation of approximately $1.3 billion for InnovidInnovid has also secured approximately $150 million of PIPE financing anchored by top-tier institutional investors including Fidelity Management and Research Company LLC, Baron Capital Group and others including funds affiliat

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