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With a record for a non US election-year free cash flow, far exceeding recent projections, and a strong advertising market and sales execution in its local and .

Web Recommendation Company Taboola to go Public via Ion Acquisition Corp 1 SPAC

Web Recommendation Company Taboola to go Public via Ion Acquisition Corp. 1 SPAC Posted on 01/25/2021 Taboola entered into a definitive merger agreement with ION Acquisition Corp. 1 Ltd. (NYSE: IACA), a special purpose acquisition company. The combined company will operate under the Taboola name and will trade on the NYSE under the new symbol “TBLA”. The transaction is expected to close in Q2 of 2021. Taboola was founded in 2007 by Adam Singolda, the company’s CEO since inception. The company enables digital property owners to harness the value of recommendations, and offers advertisers a way to effectively access users in the open web. Taboola surfaces recommendations wherever people spend time outside of the walled gardens, across websites and within offerings from device manufacturers, mobile apps, and games, enabling advertisers to be recommended side-by-side with editorial content, driving significant value.

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