Israel Acquisitions Corp. Announces Business Combination with Gadfin Ltd.

Baird Medical and ExcelFin Acquisition Corp Complete Business Combination

October 1, 2024

Medical Devices

Baird Medical Investment Holdings Limited, a Guangzhou-based developer and manufacturer of microwave ablation medical devices, has completed its business combination with ExcelFin Acquisition Corp., a Nasdaq-listed SPAC. The combined public company (PubCo) will trade on Nasdaq under the ticker BDMD; founders and co-sponsor Grand Fortune Capital subscribed to a $4.9 million convertible preferred investment in the company.

Cepton Technologies Completes Business Combination with Growth Capital Acquisition Corp.

February 10, 2022

Automotive

Cepton Technologies and Growth Capital Acquisition Corp. completed their previously announced business combination, with the combined company renamed Cepton, Inc. The deal takes Cepton public (Nasdaq: CPTN / CPTNW) to provide capital and support scaling of its lidar solutions for automotive ADAS, smart cities and industrial applications.

7GC & Co. Holdings Inc. Completes Business Combination with Banzai International

December 15, 2023

Cloud & SaaS

7GC & Co. Holdings Inc. (a Nasdaq-listed SPAC) completed a business combination with Banzai International, Inc., and Banzai began trading its Class A common stock and warrants on Nasdaq under the tickers BNZI and BNZIW on December 15, 2023. The transaction provides Banzai with public market access to accelerate its strategy of consolidating the fragmented marketing-technology (MarTech) SaaS market.

Decarbonization Plus Acquisition Corporation II Completes Business Combination with Tritium

January 13, 2022

Energy

Tritium DCFC Limited completed a previously announced business combination with Decarbonization Plus Acquisition Corporation II (DCRN), taking Tritium public via a SPAC transaction. The deal provides Tritium with capital to expand global manufacturing, grow sales and service operations, and further develop its DC fast-charging hardware and software offerings.

Honeywell Acquires SCADAfence

July 10, 2023

Cybersecurity

Honeywell has agreed to acquire SCADAfence, an Israel-based provider of operational-technology (OT) and IoT cybersecurity solutions, to expand its Honeywell Forge Cybersecurity+ suite. The deal will integrate SCADAfence's asset-discovery, threat-detection and governance capabilities into Honeywell's OT cybersecurity offerings and is expected to close in the second half of 2023, subject to customary approvals.

Israir Subsidiary Acquires Additional Stakes in Bird Aviation

June 21, 2024

Aerospace & Defense

Tel Aviv-based Israir (through its subsidiary Israir Aviation and Tourism) agreed to buy a 25% stake in Cyprus-based MRO provider Bird Aviation from Bird Aerosystems for €2.75 million, and plans to acquire a further 12.5% for ~€1.375 million with a put option to purchase the remaining 12.5% two years after. The staged transaction increases Israir's ownership of the Larnaca-headquartered maintenance specialist and is intended to support fleet development plans, finance capacity and expanded MRO capabilities at Bird Aviation's Larnaca base.