Investor Presentation - Innovid To Become A Public Company

Watch the recording of the investor presentation. Innovid, a global leader in connected TV ad delivery and measurement, to become publicly listed at an implied $1.3 billion valuation via a merger with ION Acquisition Corp. 2 Ltd.
Highlights:
Innovid is going public via a merger with ION Acquisition Corp. 2 Ltd. (NYSE: IACB), a publicly traded special purpose acquisition company, or SPAC, with $253M in trust.
The transaction implies a pro forma valuation of approximately $1.3 billion for Innovid.
Innovid has also secured approximately $150 million of PIPE financing anchored by top-tier institutional investors including Fidelity Management and Research Company LLC, Baron Capital Group and others including funds affiliated with ION and Phoenix Insurance.
The company has spent the past decade focused on developing critical technology infrastructure for the creation, delivery, and measurement of TV ads across connected TV (CTV), mobile TV and desktop TV.
Existing investors including Goldman Sachs, Sequoia Capital, Newspring, Genesis Partners and Vintage will remain shareholders under the proposed structure.
Innovid plans to extend its technology edge through expanding integrations with leading CTV publishers across international markets, the launch of additional personalized CTV ad formats, and the introduction of progressive identity solutions with the goal of advancing the underlying technology infrastructure supporting the TV advertising ecosystem’s shift from linear to digital.
Innovid’s founders have been together since the company’s inception, over a decade ago, and continue to serve on the management team.
The transaction is expected to close in Q4 of 2021.