SafeRide: Traffilog and SafeRide Merge, Headed to SPAC IPO

Israeli autotech companies Traffilog and SafeRide which only just merged are working on their initial public offering IPO. They plan to go public through an SPAC merger, according to a report in Calcalist which set the value of the new company at $1 billion. The Traffilog and SafeRide merger was more of an acquisition of [...]