Welcome to our dedicated page for Gesher I Acquisition news (Ticker: GIACU), a resource for investors and traders seeking the latest updates and insights on Gesher I Acquisition stock.
Gesher I Acquisition Corp. (GIACU) news and press releases are centralized on this dedicated hub for investors tracking this special purpose acquisition company. Access verified updates about merger targets, SEC filings, and management developments related to this SPAC's pursuit of a business combination.
This resource provides essential updates including proposed merger details, shareholder meeting announcements, and regulatory disclosures. Users will find chronological records of Form 8-K filings, proxy statements, and investor communications as GIACU progresses toward identifying an acquisition target.
Key updates focus on merger candidate evaluations, trust account management, and timeline milestones. All content maintains strict adherence to SEC disclosure requirements and financial reporting standards. Bookmark this page for streamlined access to primary source materials and official corporate announcements as this SPAC moves through its acquisition lifecycle.
WebCargo by Freightos, a leading booking and payment platform for the international freight industry, announces a new partnership with Singapore Airlines. This collaboration will provide users with an end-to-end booking experience and expand reach in the Asia-Pacific region. The platform saw a significant increase in digital bookings from Asia origins, showing a growing trend towards digitalization. Singapore Airlines' cargo capacity on WebCargo will give users access to more destinations in Asia, enhancing the booking experience for freight forwarders.
Freightos (Nasdaq: CRGO), a key player in the international freight industry, is set to release its financial results for the fiscal year 2022 on March 13, 2023. Management will hold a webcast and conference call at 8:30am ET to discuss these results, followed by the filing of the annual report on form 20-F by March 31, 2023. The company operates a vendor-neutral platform enhancing shipping efficiency, connecting thousands of importers and exporters with logistics providers globally.
For more information, visit freightos.com/investors.
Freightos Limited reported a significant surge in transactions on its platform, with 211,000 transactions in Q4 2022, a remarkable 117% increase year-over-year.
The total freight transactions for 2022 reached 668,000, representing a 154% growth from 2021. Despite a contraction in the global freight market, Freightos achieved $611 million in Gross Booking Value (GBV), doubling its value from the previous year. The company anticipates becoming NASDAQ: CRGO by the end of January 2023 as it moves forward with its business combination with Gesher I Acquisition Corp.
Gesher I Acquisition Corp. announced the successful closure of the sale of an additional 1,500,000 units at $10.00 each, yielding total gross proceeds of $15,000,000. This sale is part of the overall allotment option related to the company’s initial public offering, which raised $115,000,000 altogether. The units are now trading on Nasdaq under the ticker symbol GIACU. Each unit includes one ordinary share and a half warrant, with the ordinary share set to trade under GIAC.
