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Shared mobility company GoTo Global is going public through a shell company merger


Shared mobility company GoTo Global is going public through a shell company merger

February 10, 2022 at 8:26 AM

GoTo Global, an Israeli mobility company that offers shared micromobility and car-sharing services in Spain, Israel, Malta and Germany, is going public on the Tel Aviv Stock Exchange (TASE) through a merger with shell company Nera Tech Media. The merger is expected to close in early April, which will initially give GoTo access to the $12 million Nera Tech holds in cash assets, money GoTo will use to expand its footprint in Germany, according to the company’s CEO Gil Laser.

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