Bitcoin Rewards App Fold to Become Publicly Traded Company Through Merger
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 […]
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 […]
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.This post was originally published on this site
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 […]
Crypto-focused SPAC raises $115M in Nasdaq IPO
The Aura FAT SPAC was listed on Nasdaq and ended its IPO with $115 million in funds after finishing an over-allotment round.This post was originally published on this site
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 […]
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. This post was originally published on this site