Crypto ATM Operator Bitcoin Depot Debuts on Nasdaq Following SPAC Merger
The company plans to look for acquisition opportunities in the "highly fragmented" market, CEO Brandon Mintz said. Original Source
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SPAC
Japanese Crypto Exchange Coincheck’s Nasdaq Listing Via SPAC Could Be Delayed Again
Trading platform eToro, for example, had proposed a merger with FinTech Acquisition Corp. V in March 2021, which was valued at $10.4 billion at the time. However, the deal was terminated last July after the two firms could not agree on closing conditions. Source
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Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal – Bitcoin News
According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special purpose acquisition company
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eToro raises $250M after terminating SPAC deal
Trading platform eToro has secured $250 million in funding at a $3.5 billion valuation, the company announced on March 21. The Israel-based firm raised capital for the first time since 2018 after failing to go public last year through a special purpose acquisition company (SPAC) merger. Participants in the round include
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Cloud mining firm BitFuFu postpones merger with SPAC until May
Cloud mining firm Bitfufu, one of Bitmain's crypto firms, is delaying for the second time its plans to go public via a special-purpose acquisition company (SPAC), according to a statement on Feb. 7. The company announced its plans to go public in January 2022 through a merger with the SPAC company
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Cloud Mining Firm BitFuFu to Delay SPAC IPO as Appetite for Crypto Stocks Languishes
The firm, part of Bitmain's family of companies, announced it would go public in January 2022 by merging with Arisz Acquisition Corp. (ARIZ). But it has now twice exercised its right to push the merger back by three months, with May 22, 2023, being the new deadline for the completion
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SEC Derailed Circle’s Plans to Go Public via SPAC Deal: Report
“The business combination could not be consummated before the expiration of the transaction agreement because the SEC had not yet declared our S-4 registration ‘effective’,” the group said. An S-4 registration is a registration document that companies have to file with the SEC seeking permission to offer new shares, the
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Ethereum Builder ConsenSys and AMD SPAC Plows on Despite 95% of Shares Being Redeemed
“As markets got tough last year, deals took longer to get done and SPACs started nearing the end of their lives,” said Alan Annex, co-chair of law firm Greenberg Traurig’s global corporate practice. “The requirement in the charter, designed to protect the shareholders’ money, says you can't extend the life
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Peter Thiel-backed Crypto Exchange Bullish Calls of SPAC Deal with Far Peak
Bullish recently announced it is no longer moving forward with its SPAC agenda due to the deal’s deadline arrival. The Peter Thiel-backed crypto exchange, Bullish, has terminated the SPAC deal meant to take the company public. In a statement issued yesterday, Bullish explained that it reached a mutual agreement with Far
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Peter Thiel-Backed Crypto Exchange Bullish Calls Off SPAC Deal
"Our quest to become a public company is taking longer than expected, but we respect the SEC’s ongoing work to lay new digital asset frameworks and clarify industry-specific disclosure and accounting complexities," said Bullish Chairman and CEO Brendan Blumer in a statement, referring to the Securities and Exchange Commission. Original Source
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