ironSource Ltd. (NYSE:IS) entered into an agreement to acquire Tapjoy, Inc. for approximately $400 million on October 14, 2021. The aggregate purchase price of approximately $400 million subject to customary purchase price adjustments at closing, financed with cash from the balance sheet. The closing of the Transaction is subject to the receipt of regulatory approvals and satisfaction of other customary closing conditions.

The Transaction is expected to close either in the fourth quarter of 2021 or the first quarter of 2022.