Moringa Acquisition Corp. (MACA) to Combine with Holisto in $520M Deal

Moringa (NASDAQ:MACA) has entered into a definitive agreement to combine with travel booking platform Holisto at an enterprise value of $520 million, or 34.8x its 2021 revenue. Rishon Le’Zion, Israel-based Holisto provides AI and machine-learning tools to connect travelers with accommodation and other travel options more efficiently through existing booking platforms. The combined company is
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