Global Blockchain Acquisition Corp. Announces Redemption of Public Shares and Subsequent Dissolution
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Global Blockchain Acquisition Corp. announced it will cease operations on April 14, 2025, and redeem all outstanding public shares due to the failure to complete a business combination by April 12, 2025. The public shares will stop trading on April 13, 2025, and will be deemed canceled. The company plans to delist its securities from Nasdaq and terminate its registration with the SEC. Shareholders will receive a cash redemption amount based on the trust account balance, while warrants and rights will expire worthless.
Source: GlobeNewswire The copyright of this article belongs to the original author/organization.
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