Report: Safe-T To Issue $13M TASE IPO

August 5, 2015 | According to a “Calcalist” report, the Israeli information security company Safe-T is set to issue an IPO on the Tel Aviv Stock Exchange. Safe-T reportedly hopes to raise NIS 50 million (approx. $13 million) at a company value of NIS 200 million ($52.3 million). If the IPO goes through, it could mean the beginning of Israeli technology companies issuing offerings on their home stock exchange, rather than the ever-growing trend of issuing on NASDAQ. Safe-T was founded in 2007 by Amir Mizhar.