Herzog’s clients Max Stock and AMI Fund successfully completed the IPO of Max Stock
29 September 2020
We are excited to start the new year with a substantial IPO by our clients, Max Stock and AMI Fund, who successfully completed the IPO of Max Stock on the Tel Aviv Stock Exchange.
This global offering was marketed also to international investors through Jefferies, and earned high demand, which resulted in a valuation of approximately NIS 1.7 Billion.
This is the second offering of its type in Israel – an Israeli IPO with global book-building – after the Tel Aviv Stock Exchange IPO, in which we have also acted.
Thank you to the Herzog team led by partners, Ilanit Yogev, Efrat Tzur, and Ron Ben-Menachem, associates May Dahan Estrin, Elina Shechter and intern Roi Stauber who worked hard to bring the company to this important milestone.