ION Acquisition Corp. 2 Ltd. (IACB) Upsizes PIPE for Innovid Deal

ION Acquisition Corp. 2 Ltd. (IACB) Upsizes PIPE for Innovid Deal

ION 2 (NYSE:IACB) announced this morning it has secured an additional $50 million in funding for a total PIPE size of $200 million to finance its combination with smart TV tech firm Innovid. It has become increasingly popular in recent weeks for SPACs to de-risk their completion votes by backstopping shares and expanding PIPEs to
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