In 2020-2021, the wave of technical subscriptions in 2020-2021 brought to dozens of companies on the Tel Aviv (TESE) with large dreams, most of which are investors. in case Quicklizard (Tase: QLRD), although a slow start, the story has a positive end. Riverwood Capital in the United States of the United States for the Quicklizard shares for 186 million NIS, which reflects a 30 % premium on the market price yesterday. Upon completion of the deal, taking into account the organizational conditions, the Israeli company will become a fully subsidized company for Riverwood and will cause deletion from Tase.
Related articles
QUICKLIZARD Pricing Company, 60 % growth reports
It is located in Petah Tikva, Quicklizard, led by the founder and CEO of Pini Mandel, develops pricing programs that analyze information from a variety of sources using an engine with artificial intelligence capabilities. This allows manufacturers and retailers to automate and improve the pricing system through all marketing and distribution channels.
Those who bought the company’s shares in public subscription four years ago are more or even less. In the aftermath of the sale report, Quicklizard shares rose about 20 % today, completing an annual leap of about 50 % to the maximum market of 143 million NIS, which was close to the treatment price. Since May 2023, the arrow jumped by 250 %, amid the enthusiasm of the investor for the artificial intelligence field in which he works.
Quicklizard raised 45.5 million NA in public subscription in February 2021 and decreased sharply after healing during the past year. In the first six months of 2024, the company reached revenues of 13.6 million NA, an increase of 40 % over the corresponding period of 2023 and a net loss of 5.6 million New, after a net loss of 10.7 million New in 2023.
Posted by Globes, Israel Business News – En.globes.co.il – on February 5, 2025.
© Globes Publisher Itonut (1983) Ltd. , 2025.