Taboola to list with $2.6bn valuation following ION Acquisition Corp merger
Taboola has entered into a merger agreement with special purpose acquisition company ION Acquisition Corp. that will see the content discovery and native ad platform begin trading publicly on the New York Stock Exchange (NYSE).
The platform has secured approximately $285 million in primary and secondary PIPE financing from institutional investors, and is set to be listed at an implied $2.6 billion valuation.
Taboola founder & CEO Adam Singolda
