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Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise
6.7.2022
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...
eToro to terminate $10B SPAC merger in mutual agreement with acquisition firm
5.7.2022
The firm is reportedly seeking a new funding round that would infuse with more cash at a 50% lower valuation than one year ago
Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals
5.4.2022
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...
Bitcoin mining company PrimeBlock to go public via $1.25B SPAC merger
1.4.2022
The company forecasts it will generate up to $98 million in annual revenue
Bitcoin Miner PrimeBlock Plans to go Public With $1.25B SPAC Merger
1.4.2022
The deal is expected to close in the second half of this year
eToro Might Push SPAC Merger Deadline, Again
14.12.2021
The latest report by Calcalist states that eToro might push its SPAC merger deadline once again. The broker previously announced closing the deal at Q3 end but failed to do so. The Israel-based firm has confirmed its merger with FinTech Acquisition Corporation. However, the deal does not appear...
$3.3B Bitcoin mining company Griid to list on NYSE via SPAC deal
30.11.2021
The company projects it can mine up to 25,000 BTC per year by 2024
Bitcoin miner to go public on Nasdaq after $4B SPAC merger
18.11.2021
The newly merged corporation will retain its ticker symbol BSGA on the Nasdaq stock exchange. Jihan Wu will continue to lead the combined organization
Crypto-friendly trading platform eToro to go public via $10B SPAC merger
16.3.2021
Social trading platform eToro could become the next fintech player to pursue a public listing in the United States by merging with a blank check firm
Bitfury's US Bitcoin mining subsidiary to go public via $2B SPAC merger
5.3.2021
Bitcoin mining firms, even the newly-established ones, seem to be increasingly pursuing public listings
SoFi to Go Public Through SPAC Merger at $8.6B Valuation
7.1.2021
The lending fintech agreed to merge with SPAC Social Capital Hedosophia