Savoreat’s Initial Public Offering

Horn & Co. represented Savoreat on the deal.

SavorEat, which produces meat-like products made of plants, has raised NIS 42.6 million (approximately $12.8 million) in the first-ever foodtech Initial Public Offering (IPO) on the Tel Aviv Stock Exchange (TASE).

The offering, led by Psagot Provident Funds, attracted leading Israeli institutional investors, including Mor Gemel and Meitav Dash.

Leumi Partners served as underwriter in the offering.

The Horn & Co. team was led by Yuval Horn (Picture), Keren Kanir, Roy Ribon and Alon Shafrir.

Involved fees earner: Yuval Horn – Horn & Co. Law; Keren Kanir – Horn & Co. Law; Roy Ribon – Horn & Co. Law; Alon Shafrir – Horn & Co. Law;

Law Firms: Horn & Co. Law;

Clients: SavorEat;

Author: Michael Patrini.