FTAC Emerald (NASDAQ:EMLD) has entered into a definitive agreement to combine with crypto fintech firm Fold at an enterprise value of $381 million. Phoenix, Arizona-based Fold provides digital banking services backed by a treasury of Bitcoin that includes FDIC-secured checking accounts as well Bitcoin trading and awards. The combined company is expected to trade on...
Trailblazer Merger I (NASDAQ:TBMC) has entered into a definitive agreement to combine with data intelligence firm Cyabra at an enterprise value of $70 million. Tel Aviv-based Cyabra provides tools to corporations and governments to identify fake accounts and combat social media disinformation. The combined company is expected to trade on the Nasdaq once the deal...
Chain Bridge I (NASDAQ:CBRG) has entered into a definitive agreement to combine with cannabinoid pharmaceuticals firm Phytanix Bio at a pre-deal valuation of $58 million. Santa Barbara, California-based Phytanix is working to develop bladder and seizure treatments using cannabis-based substances. The combined company is expected to trade on the Nasdaq under the symbol “PHYX” once...
Maquia Capital (NASDAQ:MAQC) has entered into a definitive agreement to combine with AI infrastructure firm Velocium at a valuation of $445 million. Miami-based Velocium is developing data center processors designed to be particularly efficient for use by AI applications and Web 3.0. The combined company is expected to trade on the Nasdaq under the symbol...
Aquaron (NASDAQ:AQU) has entered into a definitive agreement to combine with hydrogen technology firm HUTURE at an initial equity value of about $1 billion. Shanghai-based HUTURE has developed technology for hydrogen fuel cell-powered heavy trucks and the refilling stations that would supply them. The combined company is expected to trade on the Nasdaq once the...
AI Transportation (NASDAQ:AITR) has entered into a definitive agreement to combine with recycling firm American Metals at an equity value of $170 million. Fishers, Indiana-based American Metals is a subsidiary of American Resources (NASDAQ:AREC) focused on producing rare earth materials for use in batteries from recycled magnets and other recovered industrial metals. The combined company...
Arogo Capital (NASDAQ:AOGO) has entered into a definitive agreement to combine with cannabis firm Ayurcann (CSE:AYUR) at an enterprise value of $210 million. Ayurcann sells cannabis products primarily direct-to-consumer in Canada and is a leading brand in Ontario. The deal is expected to be completed in the second half of 2024. Transaction Overview Arogo has...
Goldenstone (NASDAQ:GDST) has entered into a definitive agreement to combine with hydrogen energy firm Infintium at an enterprise value of $130 million. Greer, South Carolina-based Infintium makes hydrogen fuel cell power packs for industrial fork lift clients. The combined company is expected to trade on the Nasdaq once the deal is completed in the first...
Coliseum (NASDAQ:MITA) has entered into a definitive agreement to combine with agtech firm Rain Generation Technology at an pre-money equity valuation of $45 million. Naples, Florida is working to commercialize technology that ionizes the air at select times to generate additional rainfall over a selected area. The combined company is expected to trade on the...
Ault Disruptive (NYSE:ADRT) has entered into a definitive agreement to combine with defense contractor Gresham Worldwide (OTC:GIGA) at an enterprise value of $83 million. Scottsdale, Arizona-based Gresham provides electronic components and communication equipment to the defense and healthcare sectors through a series of subsidiaries. The combined company is expected to trade on the NYSE American...