News / Freightos set to list on Nasdaq, following merger with a SPAC

© Daniel Kaesler |

Just a week after The Loadstar exposed Freightos’s industry investors, the company has announced it is to go public on Nasdaq, via a special purpose acquisition company (SPAC), in the second half of the year.

The SPAC, Gesher 1 Acquisition Corp, was listed on Nasdaq in October.

In addition to the merger with Gesher, which allows Freightos to list without going through the book-building stage, the combined entity has raised some $80m in capital commitments, with an additional $10m from Qatar Airways, ...