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Announced

Pomvom to go public via merger with Israel Acquisitions in a $125m deal.

Synopsis

Pomvom, a technology company that develops experiential content to amusement parks and attractions globally, agreed to go public via merger with Israel Acquisitions, a publicly-traded special purpose acquisition company, in a $125m deal. "The business combination agreement signifies a momentous step forward, aligning with the vision set when we took our SPAC public last year. We believe Pomvom's unique combination of technology, product innovation, and creative content design positions the company to capitalize on multiple growth opportunities in the Immersive Location-based entertainment experiences industry, both in the US and worldwide. Collaborating together, we expect Pomvom to become a strategic partner of the largest amusement parks, attractions, and entertainment groups globally in coming years," Izhar Shay, ISRL Chairman.

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