Moringa Acquisition Corp. (MACAU) Prices $100M IPO


Feb 16, 2021 INTEL by Nicholas Alan Clayton
Moringa Acquisition Corp. announced the pricing of its $100 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “MACAU,” Wednesday, February 17.
The new company aims to combine with an Israel-based tech business with disruptive technology and a competitive industry position. Moringa is led by Chairman and CEO Ilan Levin, Vice Chairman Craig Marshak and CFO Gil Maman.
Total SPAC deal count for 2021 year-to-date is now 146 with $44.6 billion in gross proceeds raised. This offering is expected to