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Freightos stock edges up 5% after jumping as high as 205% in market debut

Newly public Freightos (CRGO) stock edged up 5% in late morning trading Friday after soaring as high as 205% following its market debut on Thursday. Read more here. ....

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Freightos to go public on NASDAQ via SPAC

Digital booking and payment platform Freightos Limited and special purpose acquisition company (SPAC) Gesher I Acquisition Corp. signed a definitive merger agreement for the company to be publicly listed on the NASDAQ under the symbol FROS. The entity will hold a pro forma enterprise value of roughly $435 million, according to today’s release. The combined ....

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FedEx-Backed Freightos to Go Public

Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp. ....

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Gesher I Acquisition Corp. Receives Additional Capital Commitment

Composite Analysis Group, Inc., an affiliate of Safer Logistics, LLC, to provide $10 million backstop commitmentNEW YORK and TEL AVIV, Israel, Apr. ....

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