Far Peak Acquisition and Bullish, a cryptocurrency company, report that Bullish has submitted a confidential draft of a Registration Statement on Form F-4 to the SEC, outlining their merger agreement.
The business combination is subject to the registration statement being declared effective by the SEC and approval by Far Peak shareholders. Clearing those hurdles, the deal is expected to close in the fourth quarter.
Announced in July, terms call for proceeds of approximately $600 million (assuming no redemptions) and a $300 million PIPE. Read more.