Sivota is a shell that wants to acquire Israel-based technology businesses, although it will assess companies in other countries. The important person in the set-up is Ziv Ben-Barouch, who has decades of experience in assessing and investing in technology companies, most recently through Pereg Ventures.
This is a tiny company and will have to raise much more cash if it finds a deal. Even due diligence on technology companies can be costly. It could take a while to find a suitable target. The prospectus states that investors will not be asked whether the company should continue or be wound ...
