Comment / On the wires: Freightos shrugs off SPAC worries, persists with 2022 listing

14/09/2022

Freightos has moved one step closer to listing on the Nasdaq as yesterday it submitted, along with its special purpose acquisition company (SPAC) Gesher, a draft registration statement on their merger.

Nasdaq-listed Gesher will take over Freightos, essentially giving it an IPO. “Submitting a draft prospectus and proxy statement marks another milestone on our path to completing our planned business combination with Freightos,” said Ezra Gardner, Gesher’s CEO.

Progress may come as a surprise to some, as the markets are currently uncertain, and ...