ironSource Ltd - Ordinary Shares - Class A

:TBA   3:59:57 PM EDT
11.56
-0.14 (-1.20%)
Mergers / Acquisitions

Ironsource Announces Combination With Thoma Bravo Advantage At A Value Of About $11.1 Bln

Published: 03/21/2021 20:30 GMT
(TBA) - Ironsource Announces Combination With Thoma Bravo Advantage to Create a Publicly-traded Business Platform for the App Economy.
Ironsource Will Combine With Thoma Bravo Advantage at an Implied Pro Forma Equity Value of Approximately $11.1 Billion.
Transaction is Expected to Provide Up to $2.3 Billion in Cash Proceeds.
Thoma Bravo -deal Values Ironsource at Pro Forma Equity Value of $11.1 Billion and is Supported by a $1.3 Billion Oversubscribed Class A Ordinary Share Pipe.