ION Acquisition 3 registered with the SEC to offer 25 million units, each consisting of one Class A ordinary share and one-eighth of one redeemable warrant. A whole warrant is exercisable at $11.50.
The SPAC in the filing said it will target “Israeli companies and entrepreneurs that apply technology and innovation to everyday lives.”
ION 3 is led by Chairman Jonathan Kolber whose experience across the technology ecosystem includes executive roles at more than 80 public and private companies in Israel and North America.
The SPAC intends to apply for a NYSE listing under IACC.U. Read more.
