Nexxen International Ltd.

Nexxen International Ltd. (TRMR) priced its initial public offering on Jun 21, 2021 at $19.00 per ADS, raising $128.6M, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $1.42B. RBC Capital Markets was lead-left underwriter, joined by Stifel, Citizens JMP and Needham and others. Naschitz Brandes Amir and Latham & Watkins advised the company and Goldfarb Gross Seligman and Skadden, Arps advised the underwriters.

Nexxen International Ltd. offers an end-to-end software platform for digital advertising. Advertisers use it to reach target audiences and publishers use it to maximize yield on ad inventory, with particular expertise in video and connected TV ads.

Status

IPO

Ticker

TRMR

Exchange

Nasdaq Global Market

Priced

Jun 21, 2021

IPO price

$19.00 per ADS

Raised

$128.6M

Market cap at IPO price

$1.42B

First filed

May 25, 2021

Underwriters

RBC Capital Markets, Stifel, Citizens JMP, Needham and Raymond James

Company counsel

Naschitz Brandes Amir and Latham & Watkins

Underwriters' counsel

Goldfarb Gross Seligman and Skadden, Arps

Sector

Technology

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.