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<ul><li>Two SoftBank-backed tech companies, Better (merging with AURC) and Grab (merger with AGC approved today), are about to receive a major capital infusion.</li><li>Better, announced it reworked its merger agreement to give the company access to $750M bridge financing now</li><li>Grab is set to close its SPAC merger tomorrow, giving the Southeast Asian “super-app” an estimated $4.5B in cash proceeds.</li></ul>

Two SoftBank-backed tech companies, Better (merging with AURC) and Grab (merger with AGC approved today), are about to receive a major capital infusion.Better, announced it reworked its merger agreement to give the company access to $750M bridge financing nowGrab is set to close its SPAC merger tomorrow, giving the Southeast Asian “super-app” an estimated $4.5B in cash proceeds.

2 SoftBank-backed companies getting an early Christmas present

<ul><li>ION Acquisition Corp 2, Ltd. (IACB) shareholders approved its merger with Innovid</li><li>Greenrose Acquisition Corp. (GNRS) completes its merger with Theraplant</li><li>TPG Pace Solutions Corp. (TPGS) announces that the merger with Vacasa is on track to close on 12/6 with all conditions being met</li></ul>

ION Acquisition Corp 2, Ltd. (IACB) shareholders approved its merger with InnovidGreenrose Acquisition Corp. (GNRS) completes its merger with TheraplantTPG Pace Solutions Corp. (TPGS) announces that the merger with Vacasa is on track to close on 12/6 with all conditions being met

Israel

Innovid Corp. operates as a CTV advertising and measurement platform company. The Company offers data-driven personalization, real-time decisioning, scaled ad serving, and accredited measurement streamlined solutions that optimize the value of investments across screens and devices.

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Innovid (CTV US)

2 SoftBank-backed companies getting an early Christmas present

Two SoftBank-backed tech companies, Better (merging with AURC) and Grab (merger with AGC approved today), are about to receive a major capital...

SPAC Track

The Nightcap from SPAC Track

ION Acquisition Corp 2, Ltd. (IACB) shareholders approved its merger with Innovid. Greenrose Acquisition Corp. (GNRS) completes its merger with...

SPAC Track

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