News Formal

Mining infrastructure firm Tomorrow Crypto files to go public via SPAC merger

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

ICYMI: Mining infrastructure firm Tomorrow Crypto files to go public via SPAC merger

Mining infrastructure firm Tomorrow Crypto has laid out a proposal to go public via a Special Purpose Acquisition Company merger with Nasdaq-listed Globalink Investment Inc.

The transaction values Tomorrow Crypto at approximately $310 million and is expected to close in the fourth quarter of 2022, subject to approvals by stockholders and regulators. "In addition, we believe that through our combined teams and expertise, Tomorrow Crypto can better position itself to become one of the world's leading professional crypto mining players and a significant supporter of the global blockchain ecosystem," he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Robinhood Crypto Fined $30 Million by New York RegulatorNew York's Department of Financial Services accused the company of 'Significant Anti-Money-Laundering, Cybersecurity, and Consumer Protection Violations.'
Source: Gizmodo - 🏆 556. / 51 Read more »

The crypto market crashed. They're still buying bitcoin.The utopian vision of a stable, decentralized but universally accepted alternate currency is a far cry from reality. Bitcoin’s price swings wildly, and its investors often treat it as a kind of risky stock. Read more ⤵️
Source: sfexaminer - 🏆 236. / 63 Read more »