NEW YORK, NY – June 28, 2021 - Taboola, a global leader in powering recommendations for the open web, helping people discover things they may like, today announced that Ion Acquisition Corp. 1, Ltd’s (“ION”)(NYSE: IACA) stockholders voted to approve the previously announced business combination. The vote took place during a special meeting today and final voting results are being filed by ION with the Securities and Exchange Commission on Form 8-K. The closing of the business combination is expected to take place on June 29. The transaction will generate approximately $526 million upon closing, given the very low redemptions by ION shareholders. Following the closing, the company's ordinary shares and warrants will begin trading on the Nasdaq Global Select Market (“Nasdaq”) beginning on June 30 under the ticker symbols “TBLA” and “TBLAW” respectively.
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