Our client TERMINAL X completed its IPO on the Tel-Aviv Stock Exchange
5 August 2021
Our client, TERMINAL X, a subsidiary of Fox-Wiesel, completed its IPO on the Tel-Aviv Stock Exchange, in yet another record breaking transaction.
Terminal X is Israel’s leading online fashion retailer, engaging in the import, marketing, and sale of fashion and lifestyle products. The company raised NIS 281 million at a pre-money valuation of NIS 1.3 billion from Israeli and international investors.
This IPO is the fourth IPO in which our team was involved in the last two months, with an issuer pre-money valuation in excess of NIS 1.0 billion. It is also the third international IPO led by our team, all within a period of two months!
This unique and highly successful IPO was led by our partners, Nir Dash and Ron Ben-Menachem, our associates Yotam Kleiman, Mohammad Mawasi, Nahum Mittelman, and Fanny Elgrably, assisted by our stagaire, koral butbika. A big thank-you also to our friends at Cleary Gottlieb who assisted with this Offering.
For the article in TheMarker >> click here