Investment platform Linqto to go public via $700 million SPAC deal

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First-ever speedcubing competition in P.E.I. draws large crowd | SaltWire #rubikscube #charlottetown - Investment platform Linqto has agreed to go public through a merger with special purpose acquisition company Blockchain Coinvestors Acquisition in a deal valued at $700 million, the companies said on Tuesday.

Linqto is the latest company to decide to go public with a blank-check firm, a route that has largely fallen out of favor following intense scrutiny from the U.S. Securities and Exchange Commission.

 

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