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Ayalon Mutual Funds Acquires Significant Stake in Goto

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Ayalon Mutual Funds Acquires Significant Stake in Goto

Goto ( (IL:GOTO) ) just unveiled an update.

Ayalon Mutual Funds Ltd has become an interested party in Goto following a private offering, acquiring 650,000 ordinary shares at 400 agorot each, resulting in a holding of 8.31% of capital and voting power, with potential full dilution holdings of 13.63%. This development allows Ayalon to potentially influence Goto’s strategic decisions, enhancing its market position and impacting stakeholders, as these securities were allocated for Dolphin and Pasternak-Shoham funds managed by Ayalon.

More about Goto

Goto is a company whose securities are listed for trading on the Tel Aviv Stock Exchange. It was formerly known as Neratech Media Ltd and is headquartered at Lincoln 20, Tel Aviv-Jaffa, Israel.

YTD Price Performance: 16.99%

Average Trading Volume: 8,510

For detailed information about GOTO stock, go to TipRanks’ Stock Analysis page.

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