GODM shares re-traded on the main list after the merger with Mia Dynamics | Mia Dynamics shareholders became controlling shareholders in GDM | The merger included the completion of a significant round of recruitment that will allow the group to expand its professional teams and act to penetrate new markets | Reuven Kaplan, former CEO of Psagot, has been appointed to the company’s board of directors
Shi Klein 12.06.2022
Out of Conservation: Go Di Am Investments is back on the main list on the Tel Aviv Stock Exchange after completing the merger with electric vehicle developer Mia Dynamics. GoDM Investments Ltd. has completed the merger with electric vehicle developer Mia Dynamics in a way that Mia Dynamics shareholders have become the controlling shareholders in GoDM. Following the merger, GODM’s board of directors is expected to change and receive significant reinforcement, among other things, with the appointment of Mr. Reuven Kaplan, former CEO of Psagot.
The merger included the completion of a significant round of recruitment that will allow the group to expand its professional teams and act to penetrate new markets.
The company stated that “The merger of Mia Dynamics’ activities marks a new era in which the company joins a small group of global companies that are leading the revolution in the field of electric transportation. The completion of the capital raising and the transition to trading on the main list constitute a significant milestone that will allow the company to continue penetrating new markets and achieving business goals. ”