Innovid goes public via $1.3bn merger

Connected TV ad delivery and measurement platform Innovid has entered into a definitive merger agreement with ION Acquisition Corp 2, a special purpose acquisition company. The combined company will operate under the Innovid name and will trade on a US national exchange. The transaction is expected to close in Q4 of 2021, subject to approval by the shareholders of ION, and satisfaction of other customary closing conditions.

Source: Innovid goes public via $1.3bn merger