Thoma Bravo Advantage and business app platform ironSource completed their merger, with the combined company approved for trading on the NYSE under IS starting today.
The transaction included $2.15 billion in cash proceeds, including an oversubscribed PIPE of $1.3 billion and funds from the SPAC’s trust account. With the conclusion of the business combination, ironSource received approximately $660 million of cash proceeds.
The ironSource platform helps developers launch, scale and monetize their apps. Read more.
