Keter1 Acquisition notified the SEC that it is withdrawing an offering of 25 million units initially registered in March 2021.
The SPAC in its S-1 filing said it planned to focus on technology companies in Israel, launched by Israeli founders, and/or with significant operations in Israel, or significant Israeli investors.
Keter1 is led by CEO and Chairman Oren Dobronsky, a serial entrepreneur and among the most recognized pioneers of the Internet industry in Israel. Dobronsky in 1999 co-founded Hotbar.com, the first company to commercialize a browser toolbar.
The SPAC had planned to list on the Nasdaq with Citigroup and Creddit Suisse servings as joint book-running managers. Read more.
