SPAC News From The Last Seven Days
The Last Week’s Deals Cantor Equity Partners II, Inc. (NASDAQ:CEPT) has announced it is to acquire Securitize, a platform for tokenizing real-world assets. The deal reflects an enterprise value of $1.4bn. It includes a $225mm PIPE from investors including Arche, Borderless Capital, and Hanwha Investment & Securities. The expected close date for the transaction is in H1 […]
Strategy launches STRE preferred shares to fund new Bitcoin purchases
Less than a week after releasing its quarterly results, Strategy (NASDAQ:MSTR) launched Stream (STRE), a perpetual preferred stock denominated in euros. Each share will be issued at €100 (US$115), with an annual dividend of 10%, paid quarterly, aimed at institutional investors in the European Economic Area. STRE will be listed on Euro MTF Luxembourg and cleared by Euroclear and […]
