Chardan analyst Brian Dobson initiated coverage of Gesher I Acquisition (GIAC) with a Buy rating and $13 price target. Freightos Limited, a freight booking and payment platform, and special purpose acquisition company Gesher I Acquisition Corp. entered in May 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, will have a pro forma enterprise value of approximately $435M.
Published first on TheFly
