Forbes July 23, 2024
Disinformation security firm Cyabra announced today it plans to list on NASDAQ through a business combination with Trailblazer Merger Corporation (NASDAQ: TBMC), a special purpose acquisition company. The transaction values Cyabra at a total enterprise value of $70 million at signing. Upon the closing of the transaction, which is expected by the end of Q4 2024, the combined company will operate as Cyabra.
With almost to three billion people participating in elections over the next two years, the widespread use of misinformation and disinformation and the proliferation of tools to disseminate it, the legitimacy of a number of newly elected governments is likely to be questioned and undermined. Given this precarious global information environment, the World Economic Forum’s 2024 Global...