
Tech entrepreneur Benny Landa and entrepreneur David (Dodi) Weissman share a SPAC float in New York. Gefen Landa Acquistion Corp plans to raise $ 250 million. The bid is led by Bank of America Securities and Guggenheim Securities. The company will be listed on the Nasdaq Stock Exchange under the symbol GFLDU. A SPAC (Special Purpose Acquisition Company) is a company that collects funds from the public without having any activity, with the aim of acquiring an existing company within a specified period of up to two years. Gefen Landa Acquisition Corp. plans to find an Israeli technology company to take over, joining several other SPACs recently created for the same purpose by Jonathan Kolber, Ilan Levin and Danny Yamin. RELATED ARTICLES Penny Landa is the president of Landa Labs, and a creator of the digital printing industry. He founded the Israeli company Indigo, which was sold to HP. Weissman is Chairman, Controlling Shareholder, and Founder of the Gefen Fuel Company, Sonol Israel Ltd. Posted by Globes, Israel business news – en.globes.co.il – on March 9, 2021 © Copyright Globes Publisher Itonut (1983) Ltd. 2021
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