SPAC – DIGIT INFO

Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal

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 (SPAC) deal with Blue Safari […]

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Circle denies blaming SEC for shuttered $9B plan to go public

A Jan. 25 report from the Financial Times which was widely shared characterized Circle as having “blamed” the SEC for its “jettisoned” public listing plan.

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USDC issuer Circle terminates SPAC merger with Concord

The deal previously valued Circle at $4.5 billion in July 2021 before an upwards revision to $9 billion in February 2022.

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Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth

The firm’s revenue increased by 25.25% to $497.2 million in the first nine months of 2022.

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Blockchain cloud infrastructure company W3BCloud to go public via $1.25B SPAC

The firm, whose data centers are located in the United States, generated $40 million in sales last year.

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Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise

The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with Fintech Acquisition Corp. Etoro says the company plans to raise funds privately now and aims to raise $800 […]

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Crypto focused SPAC raises $115M in Nasdaq IPO

The Aura FAT SPAC listed on Nasdaq and ended its IPO with $115 million in funds after finishing an over-allotment round.

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Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals

The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq. Primeblock Reveals SPAC Merger With Plans to Be Listed on Nasdaq in the Second […]

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Bitcoin mining company PrimeBlock to go public via $1.25B SPAC merger

The company forecasts it will generate up to $98 million in annual revenue.

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Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle

Ark Invest’s latest foray into the crypto sector focuses on stablecoin issuer Circle, which announced plans to merge with SPAC Concord Acquisition Corp.

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