Five years after a $82 million IPO, Jungo sells its business for just $300,000

Business July 21, 2026 03:34 PM

Israeli driver-monitoring startup will become a stock market shell after transferring its operations to controlling shareholder Ophir Herbst, while retaining roughly $9.8 million in cash.

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Five years after a $82 million IPO, Jungo sells its business for just $300,000

2 months ago

Five years after a $82 million IPO, Jungo sells its business for just $300,000

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