Innovid Announces Filing of Registration Statement on Form S-4 in Connection With Its Proposed Business Combination with ION Acquisition Corp. 2 Ltd.
Innovid, a leading independent ad delivery and measurement platform for connected TV, announced that ION Acquisition Corp. 2 Ltdhas filed with the U.S. Securities and Exchange Commission a registration statement on Form S-4 (the “Registration Statement”), which contains a preliminary proxy statement/prospectus, in connection with the previously announced proposed business combination with Innovid. The Registration Statement provides important information about ION, Innovid and the proposed business combination, but has not yet become effective and is subject to change.
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ION’s Class A common stock is currently traded on NYSE under the symbol “IACB.” In connection with the closing of the transaction, subject to approval, Innovid’s common stock is expected to be publicly listed under the ticker symbol “CTV.” Completion of the transaction, which is expected in the fourth quarter of 2021, is subject to approval by ION’s shareholders, the Registration Statement being declared effective by the SEC, and other customary closing conditions.
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