Israel Acquisitions, Pomvom terminate business combination agreement

Israel Acquisitions and Pomvom, an Israeli technology company developing and providing experiential content to amusement parks and attractions globally, have signed a mutual termination and release agreement to terminate the Business Combination Agreement and additional related agreements, due to the change in global market conditions. The parties also mutually agreed to waive any claim or demand on the part of any of the parties against the other parties, except in relation to a violation of the Termination Agreement or a violation of the confidentiality obligations stipulated in the Merger Agreement.