Welcome to our dedicated page for Global Blockchain Acquisition news (Ticker: GBBKU), a resource for investors and traders seeking the latest updates and insights on Global Blockchain Acquisition stock.
Global Blockchain Acquisition Corp (GBBKU) drives innovation through strategic acquisitions in blockchain technology. This page delivers essential updates about the company's partnerships, financial developments, and sector-disrupting projects.
Access curated press releases covering acquisition announcements, earnings reports, and blockchain product launches. Investors gain critical insights into GBBKU's expansion across finance, healthcare, and supply chain sectors through verified operational updates.
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Global Blockchain Acquisition Corp. (NASDAQ: GBBKU) has announced that on June 16, 2022, its units will cease trading, with its common stock, rights, and redeemable warrants trading separately on the Nasdaq Global Market under the symbols GBBK, GBBKR, and GBBKW. Each unit consists of one common stock share, one right for one-tenth share, and one warrant priced at $11.50 per share. This separation is automatic and requires no action from unit holders. The Company is a blank check firm seeking to merge or acquire businesses in the blockchain sector.
Global Blockchain Acquisition Corp. (NASDAQ: GBBKU) announced the pricing of its initial public offering (IPO) of 15 million units at $10 each, set to begin trading on May 10, 2022. Each unit includes a share of common stock, a right for one-tenth of a share upon a business combination, and a warrant to purchase a share at $11.50. I-Bankers Securities, Inc. serves as the lead manager, with a 30-day option for underwriters to buy an additional 2.25 million units. The offering's close is anticipated by May 12, 2022, subject to standard conditions.