Investment Platform OurCrowd in Negotiations for $1B SPAC Merger: Report

Jerusalem-based investment platform OurCrowd is in negotiations with a SPAC traded on the Nasdaq at a valuation of over $1 billion, Calcalist reports. OurCrowd, founded by Jon Medved in 2013, is negotiating with several SPACs but talks with one of the blank-check companies are believed to be at a more advanced stage than others and a deal may be reached next month or October. Read more.

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