Gesher I Acquisition and M&G (Japan Equity Fund, which is managed by M&G Investment Management Limited, entered into an amended forward purchase agreement for 4 million units priced at $10 each.
“M&G’s additional commitments to Gesher reflect not only a target rich investment environment, but also our confidence in both the Gesher management team and its long-term investment philosophy,” said Carl Vine, Portfolio Manager at M&G.
Gesher I raised $100 million in an IPO last October. The SPAC intends to focus on target businesses located in Israel, particularly those conducting business internationally in Asia, Europe or North America. Read more.
