Bakkt, the cryptocurrency platform majority owned by Intercontinental Exchange, is in advanced talks to go public through a merger with VPC Impact Acquisition Holdings, according to people with knowledge of the matter, Bloomberg reports. The transaction is said to value the combination at $2 billion. Read more.
Related Posts
AgiiPlus Combining with Goldenbridge Acquisition in $578M Deal
If approved, upon closing the combined company is expected to remain Nasdaq-listed under new ticker symbol AGII.
Taxi Fleet Operator zTrip® Merging with Spree Acquisition 1 in $251M Deal
The deal has a $50 million minimum cash condition. Spree raised $175 million in a December 2021 IPO.
Restaurant Tech Company Presto to Merge with Ventoux CCM Acquisition in $1B Deal
The transaction will be funded by $172.5 million from the Ventoux trust account, assuming no redemptions, and a $70 million PIPE.
Alberton Plans Investor Pitch to Sell Securities for SolarMax Acquisition
SolarMax has made six extension loans to the SPAC totalling $402,696, according to the filing, and will make two more, which will be repaid by issuing securities from the SPAC's sponsor.