GETT Merging with Rosecliff Acquisition in $1B Deal

Rosecliff Acquisition I and GT Gettaxi Limited ( dba Gett), have entered into a definitive business combination agreement that vlaues the combined enterprise at $1 billion. GETT is a corporate Ground Transportation Management (GTM) platform.

Ir approved, upon closing the combined company will trade on the Nasdaq under GETT.

The transaction would provide up to $253 million in gross proceeds from Rosecliff’s trust account, assuming no redemptions, with an additional $30 million in gross proceeds from a fully committed PIPE from Rosecliff’s sponsors and existing Gett shareholders.

The deal is expected to close in the first half of 2022. Read more.

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