Crypto ATM Company Bitcoin Depot Bags SPAC Deal Worth $885 Million, Here’s Wh...
Bitcoin Depot, a fintech company which is the largest operator of cryptocurrency ATMs have decided to list itself on the Nasdaq index on Wall Street. According to Bitcoin Depot, this public listing shall occur with the help of a merger through a special purpose acquisition company (SPAC) GSR II Meteora Acquisition Group (GRSM). The deal […]
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The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition deal with GSR II Meteora (GSRM) will make Bitcoin Depot a publicly-traded company listed on Nasdaq.
Bitcoin Depot Reveals SPAC Deal With GSRM, Post-Transaction BTM Secures Equity Value of $885 Million
On Thursday, the U.S.-based crypto ATM operator Bitcoin Depot announced that the company will soon be a publicly-listed firm after merging with the blank check company GSR II....
One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023. Bitcoin Depot, a major cryptocurrency ATM provider in the United States, is planning to go public through a merger with a special-purpose acquisition company (SPAC).Atlanta-based Bitcoin Depot has reached a definitive agreement to merge with the SPAC GSR II Meteora (GSRM) in an $885 million deal to go public, the firm officially announced on Thursday.The business combination would result in Bitcoin Depot becoming a publicly listed company as the combined....
Bitcoin Depot is set to list on the Nasdaq under ticker symbol ‘BTM’ by Q1 2023 through an $855 million SPAC deal.
The Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and noted that the company expects to close the deal in Q4 with a valuation of $4.5 billion. Circle Announces SPAC Deal With Plans to Go Public The payments technology company Circle founded by Sean Neville and Jeremy Allaire in 2013 plans to go public soon. The company headquartered in Boston, Massachusetts has operated numerous services during the last eight years and more recently it launched the usd coin....
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE) after merging with the company Adit Edtech.
Griid to Go Public in a Merger With Adit Edtech Acquisition Corp
Griid Infrastructure currently operates three U.S.-based mining facilities and aims to have 734 megawatts (MW) operational by 2023. On Tuesday, the company announced it entered a....