Israel’s Taboola Goes Public Via SPAC At $2.6B Valuation

Israeli content recommendation firm Taboola began trading on the Nasdaq late last month, following its merger with special purpose acquisition corporation (SPAC) ION Acquisition Corp. The company announced it has become a publicly listed company trading on Nasdaq under the new ticker symbol “TBLA.”

Taboola began trading at a valuation of some $2.6 billion.