Holisto to go public via a SPAC merger with Moringa Acquisition in a $405m.

Holisto, an online travel booking platform, agreed to go public via a SPAC merger with Moringa Acquisition, a blank cheque company, in a $405m. “From the outset we were inspired by the opportunity to disrupt the large, fragmented and complex travel booking market, using advanced big data and AI technologies that enable incremental cost savings and simplicity through the ability to combine offerings from multiple sources. Our combination with Moringa and access to public markets will allow Holisto to continue to aggressively leverage our technology by scaling our platform and infrastructure and expand our customer acquisition and brand awareness," Eran Shust, Holisto Co-Founder and CEO.