Gesher I Acquisition Corp

Gesher I Acquisition Corp. is a blank check company, which was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on February 23, 2021 and is headquartered in Tel Aviv, Israel.

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Freightos Ltd. engages in the operation of a booking and payment platform for international freight. It operates through the Platform and Solutions segments. The Platform segment provides digitalized price quoting, booking, and payments. The Solutions segment offers software tools and data to help industry participants automate their pricing, sales, and procurement processes. The company was founded by Zvi Schreiber in January 2012 and is headquartered in Jerusalem, Israel.

JERUSALEM , Jan. 12, 2023 /PRNewswire/ -- Freightos Limited today announced that transactions on its platform more than doubled in the fourth quarter of 2022 compared to the same quarter in the prior year. A record 211 thousand transactions were booked on the platform in Q4 2022, up from 97 thousand in Q4 2021 and 22 thousand in Q4 2020.

Freightos Reports Record 2022 Transactions and Gross Bookings Value

JERUSALEM , Nov. 14, 2022 /PRNewswire/ -- Freightos Limited, a leading global freight booking and payment platform, today released its results for the third quarter of 2022, including record gross booking value (GBV) and transactions, by posting an update on its website. Please visit freightos.com/investors to view the update.

Freightos Announces Record Transactions and Gross Booking Value for Third Quarter of 2022

JERUSALEM , Sept. 13, 2022 /PRNewswire/ -- Gesher I Acquisition Corp. (NASDAQ: GIAC, "Gesher") a publicly-traded special purpose acquisition company, and Freightos Limited ("Freightos" or the "Company"), today announced the confidential submission to the U.S. Securities and Exchange Commission ("SEC") of a draft registration statement on Form F-4 (the "Registration Statement") relating to their previously announced proposed business combination.

Freightos Limited and Gesher I Acquisition Corp. Announce Confidential Submission of F-4 Registration Statement for Proposed Business Combination

Gross Booking Value ("GBV"): $155 million – up 137% year-over-year (159% in constant currency). 1 Revenue: $5.2 million 2  – up 30% year-over-year (35% in constant currency).

Freightos Announces Record Results Across All Metrics for Second Quarter of 2022

Freightos' digital freight booking and payment platform addresses the monumental challenges of the global supply chain Freightos' platform already has significant traction and has attracted well over 10,000 importers/exporters, 3,500 freight forwarders, and 200 carriers, enabling hundreds of thousands of international freight bookings annually Rapid growth with 213% CAGR in gross booking value ("GBV") between 2019 Q1 and 2022 Q1 and over 60% Gross Margins Digitalization of global freight is now being rapidly adopted with an estimated total addressable market of US$1.8 trillion in GBV by 2025 Gesher I Acquisition Corporation's investment in Freightos will take the company public with an implied pro forma enterprise value of approximately $435 million Transaction distinguished by strong capital commitments from high-quality, long-term investors, which exceed business cash requirements and deal minimum cash requirements – no additional PIPE required JERUSALEM , May 31, 2022 /PRNewswire/ -- Freightos Limited, a leading global freight booking and payment platform ("Freightos" or the "Company"), and Gesher I Acquisition Corp. (NASDAQ: GIAC, "Gesher"), a special purpose acquisition company, today announced they have entered into a definitive merger agreement that would result in Freightos being publicly listed on the NASDAQ under the ticker symbol "FROS". The combined entity, to be known as Freightos, with offices around the world, will have a pro forma enterprise value of approximately $435 million.

Freightos, a Leading Booking and Payment Platform Digitalizing Global Freight, to Raise Growth Capital and Become Public via Business Combination with Gesher I Acquisition Corp.

Composite Analysis Group, Inc., an affiliate of Safer Logistics, LLC, to provide $10 million backstop commitment NEW YORK and TEL AVIV, Israel , April 19, 2022 /PRNewswire/ -- Gesher I Acquisition Corp. ("Gesher" or the "Company") (NASDAQ: GIAC) announced today that Composite Analysis Group, Inc. ("Composite"), an affiliate of Safer Logistics, LLC, has agreed to provide Gesher $10,000,000 of committed capital (the "Backstop Commitment") to backstop redemptions by shareholders of Gesher in connection with Gesher's initial business combination if certain minimum cash conditions are not met. This is the second backstop commitment Gesher has obtained.

Gesher I Acquisition Corp. Receives Additional Capital Commitment

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