Skylock, a company that develops systems for intercepting skimmers, is preparing for an IPO on the Tel Aviv Stock Exchange at a value of NIS 400-500 million.
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Skylock’s systems are designed to disrupt the glider’s operation or take it completely out of action. The company has enjoyed a significant increase in its sales in recent times.
Skylock will try to take advantage of the tide in the IPO market. Last year was a record year in the IPO market with 25 issues, and now there are many dozens of issues, with 5 companies issuing since the beginning of the year.
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