Jungo, a global supplier of driver and in-cabin sensing software, began trading on the Tel Aviv Stock Exchange (TASE) on July 28, 2021, under the ticker "JNGO," following a successful initial public offering.
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The company's share is expected to enter the stock exchange indices at the end of the trading day on Oct. 7, 2021, as part of the fast track for new companies: TA-Growth, TA-Tech-Elite, TA-Global-Bluetooth and TA-Technology.
Jungo was founded in 2013 and has developed a camera-based driver monitoring software solution, used in vehicles, to monitor and analyze the driver's level of distraction and drowsiness, using artificial intelligence and computer vision and deep learning.
"This is an exciting day for the company and we believe that by registering the shares for trading on the Tel Aviv Stock Exchange, we will be able to fulfill our vision," said Jungo Chairman Ophir Herbst.
