TS Innovation Adds $8M Private Placement to Trust

Makara had planned to focus on natural resources, clean energy or energy storage sectors in the Americas, Europe or Asia. 

The deal has a $919 million estimated post-transaction equity value.

The SPAC is focused on high-growth technology companies that are domiciled in Israel, that carry out all or a substantial portion of their activities in Israel, or that have some other significant Israeli connection.