SPAC – DIGIT INFO

Bitcoin Rewards App Fold to Become Publicly Traded Company Through Merger

DIGIT — Wed, 24 Jul 2024 20:34:26 +0000

Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to close in the fourth quarter of 2024, will see Fold listed on Nasdaq under a new ticker symbol. Fold to Go Public Through Merger with […]

Go to Source

Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal

DIGIT — Thu, 13 Apr 2023 09:45:01 +0000

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 […]

Go to Source

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

DIGIT — Thu, 26 Jan 2023 02:02:54 +0000

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.

Go to Source

USDC issuer Circle terminates SPAC merger with Concord

DIGIT — Mon, 05 Dec 2022 14:30:35 +0000

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

Go to Source

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

DIGIT — Thu, 01 Dec 2022 19:30:00 +0000

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

Go to Source

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

DIGIT — Mon, 01 Aug 2022 16:20:47 +0000

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

Go to Source

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

DIGIT — Wed, 06 Jul 2022 17:02:44 +0000

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 […]

Go to Source

Crypto focused SPAC raises $115M in Nasdaq IPO

DIGIT — Wed, 20 Apr 2022 06:19:45 +0000

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

Go to Source

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

DIGIT — Tue, 05 Apr 2022 10:30:01 +0000

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 […]

Go to Source

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

DIGIT — Fri, 01 Apr 2022 19:34:38 +0000

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

Go to Source