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Global Blockchain Acquisition Corp (GBBKU) is a company focused on acquiring and managing blockchain technology companies. With a mission to revolutionize industries through innovative blockchain solutions, GBBKU is at the forefront of the digital transformation. The company's core business involves identifying promising blockchain startups, investing in their growth, and providing strategic guidance to maximize their potential. GBBKU's recent achievements include successful acquisitions of cutting-edge blockchain firms and partnerships with industry leaders to drive blockchain adoption. Currently, GBBKU is working on developing disruptive blockchain products that have the potential to reshape various sectors, including finance, supply chain, healthcare, and more. Financially, the company is well-positioned for growth, backed by a solid revenue stream and a strong balance sheet. Stay updated with GBBKU's latest news and developments for insights into the future of blockchain technology.
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.
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