Israel Acquisitions Corp. (ISRL), a publicly-traded special purpose acquisition company, and Pomvom Ltd. announced a definitive business combination agreement at a total equity value for Pomvom of $125 million. At the closing, Pomvom will be delisted from the Tel Aviv Stock Exchange and listed solely on the Nasdaq in the United States.
Pomvom is a technology company, which develops and provides experiential documentation solutions to the global amusement parks and attractions market, which replace the existing operative photographic solutions. The company has exclusive agreements with dozens of amusement parks in Europe, in the USA and in Japan.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.