Lower than a yr after its IPO on the Tel Aviv Inventory Alternate (TASE), Israeli driver security firm SaverOne is contemplating a Nasdaq providing, or no less than itemizing its shares on Wall Avenue.
SaverOne has developed a system that it says represents a singular answer to the issue of distraction when driving from use of cellular telephones. The system takes over the driving force’s phone and prevents use of harmful purposes.
Since SaverOne’s IPO in June 2020, the corporate’s share worth has risen 80%, giving the corporate as market cap of NIS 200 million.
SaverOne mentioned, “As a consequence of enquiries that the corporate has acquired from American buyers about investing within the firm’s shares and relating to itemizing shares on Nasdaq, and since the corporate is increasing its actions abroad, the copany’s board has determined to arrange a committee to look at features of an providing and or itemizing on Nasdaq.”
SaverOne ended 2020 with NIS 316,000 income, up from NIS 85,000 in 2019. The corporate reported a web lack of NIS 13.6 million, after reporting a web lack of NIS 9.4 million in 2019.
SaverOne’s CEO is Ori Gilboa, and VP Enterprise Growth and Director of Worldwide Operations is Gil Sheratzky.
Printed by Globes, Israel enterprise information – en.globes.co.il – on March 24, 2021
© Copyright of Globes Writer Itonut (1983) Ltd. 2021