Canceled SPAC Deal Leads To PrimeBlock’s CEO’s Exit
In the past few months, SPAC deals have been getting canceled because the market has been bad. Two people with knowledge of the situation say that the CEO of crypto miner PrimeBlock has left the company after it canceled a merger with 10X Capital Venture Acquisition Corp. II (VCXA) that would have made it a […]
SPAC Raises $115 Million In Nasdaq IPO
After an over-allotment round, the Aura FAT SPAC listed on Nasdaq and ended its IPO with $115 million in funds. Aura FAT Projects Acquisition Corp. (AFARU), a Nasdaq-listed special purpose acquisition company (SPAC), has raised $115 million in its IPO, with a focus on crypto industry assets. According to an April 19 announcement from the […]
PrimeBlock Bitcoin mining firm plans to go public with $1.25B SPAC deal
Bitcoin mining company PrimeBlock has merged with 10X Capital Venture Acquisition Corp II and is now valued at $1.323 billion, the firm is set to go public after the $1.25B SPAC merger. PrimeBlock, a Bitcoin (BTC) mining firm, said on Friday that it is merging with 10X Capital Venture Acquisition Corp II , a special […]