TL;DR Breakdown Japanese exchange Coincheck to list on Nasdaq following a $1.25 billion SPAC merger. Coincheck’s $530 million digital money heist prompted more stringent regulatory monitoring among cr...
Tag: merger
Ethereum Merger Testnet Error Fixed – Trustnodes
The first public merger to full Proof of Stake on the new ethereum testnet network did not go without a hitch. There was a problem with endians, those being “the order or sequence of bytes of a word o...
Oasis, Whiting Near All-Stock Merger
Oasis Petroleum Inc. and Whiting Petroleum Corp. are close to a deal to merge, according to people familiar with the matter. The all-stock tie-up between the rival North Dakota shale drillers could be...
Circle Doubles Valuation to $9B with New Reverse Merger Terms
Circle, the issuer of stablecoin USDC, has doubled its valuation to $9 billion after it renegotiated and inked a fresh reverse merger deal with Concord Acquisition Corp, a blank-check acquisition comp...
Circle Revises Merger Terms With Concord, Doubles In Valuation To $9 Billion
Circle, the financial technology firm behind the USDC stablecoin, has revised its merger agreement with Concord, a special purpose acquisition company (SPAC). According to the revised merger agreement...
Circle’s valuation doubles to $9B following revised merger agreement with Concord
USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp, a special purpose acquisition company (SPAC) f...
Monster Beverage And Constellation Brands Merger Could Shake Up The Beverage Landscape
When it was announced last month that Monster Beverage was acquiring the CANarchy Craft Collective for $330 million, most thought that that meant that their possible merger with Constellation Brands w...
What a Monster, Constellation Merger Might Mean and Why Coca-Cola Could Be Key
Text size Monster Beverage display, Indianapolis, IN, November, 2020. Jonathan Weiss/Dreamstime.com Monster Beverage stock climbed early Tuesday as investors weighed up a possible merger between the e...
Crypto Merger Deals Skyrocketed 5,000% in 2021
Crypto mergers and acquisitions (M&A) soared from $1.1 billion in value in 2020 to $55 billion, representing a massive surge of 4,846%, according to a report by PwC. The average size of an M&A...
Here’s what the Spirit and Frontier airlines merger means for travelers
Spirit Airlines and Frontier Airlines expanded aggressively over the last decade offering travelers no-frills service in exchange for ultra-low airfares. Their executives vow to keep it that way, even...
Apifiny Announces Plans to Go Public via Merger with Abri SPAC I
On January 27, Apifiny, a global digital asset trading network based in New York, announced plans to go public by merging with a special purpose acquisition Acquisition Acquisition means acquiring...
Bitmain-Backed Crypto Mining Company Reaches $1.5 Billion SPAC Merger To Go Public
Leo Lu, founder and CEO of BitFuFu. Courtesey of BitFuFu Cryptocurrency mining services company BitFuFu, backed by industry giant Bitmain, is slated to go public in the United States by merging with a...
Largest North American Bitcoin miner to start trading at NASDAQ after SPAC merger
The largest Bitcoin miner in North America, Core Scientific Inc, is set to go public. Investors have approved a $4.3 billion merger with a Special Purpose Acquisition Company (SPAC). The Texas-based B...
North America’s Largest Bitcoin Miner Goes Public With a SPAC Merger (Report)
Investors of Core Scientific Inc. (a leading US bitcoin mining company) have reportedly approved a plan to get listed on Nasdaq. The firm started trading under the symbol CORZ. Nasdaq’s Newest Member ...
Core Scientific Debuts on the Nasdaq after It Completed SPAC Merger
On January 20, Core Scientific, a popular blockchain and Artificial Intelligence hosting, transaction processing, and application development company, announced that it has officially gone public. The...
Satellite TV Can’t Be Saved With a DirecTV-Dish Merger
Text size In some parts of the country where cable access is limited, Dish and DirecTV remain the only way to get pay-TV subscriptions. Daniel Acker/Bloomberg For 20 years now, Dish Network and rival ...
DISH Network stock jumps after report of DirecTV merger talks
DISH Network (DISH) stock opened 3% higher on Wednesday amid a report that the satellite TV company is in talks with competitor DirecTV. The satellite television providers have been in talks on and o...
TTWO Stock: Take-Two To Buy Zynga In Video Game Merger
Video game publisher Take-Two Interactive Software (TTWO) on Monday announced plans to buy Zynga (ZNGA) in a cash-and-stock deal worth $12.7 billion. Zynga stock soared on the news but TTWO stock tumb...