ISRAEL

摘要

Shares in Israeli sportswear chain RETAILORS made their trading debut in Tel Aviv last Wednesday, rising 11.4％ on the first day and another 2.3％ last Thursday. The shares closed last Thursday at NIS59.84, up 14％ from IPO pricing of NIS52.50. Wednesday's close was NIS58.49. The company priced its NIS569.5m (US$173m) IPO the previous week at the top of the NIS44-NIS52.50 range. UBS was bookrunner. Retailors is the second Israeli company to list this month following payments company Nayax, whose shares listed on May 13 after raising NIS666.75m. Shares in Nayax closed on Thursday at NIS10.20, 2.9％ below IPO pricing. Despite the latest geopolitical upheavals in the Middle East, Israeli tech companies are showing no reticence in pushing ahead with US IPOs. Work management software firm MONDAY.COM and "digital adoption" platform WALKME, both of which are based in Tel Aviv, filed publicly in the past week for Nasdaq IPOs that could price in June. Monday.com is a low-code/no-code software firm that counts venture capital firm Insight Partners as its biggest shareholder.