Announced
Completed
Financials
Tags
bitcoin mining
Cross Border
Majority
United Kingdom
Production Technology Equipment
De-SPAC
Merger
Private
Acquisition
Reverse Takeover
Single Bidder
Friendly
Completed
Synopsis
SAITECH, an energy saving bitcoin mining operator, went public via a SPAC merger with TradeUP Global, a special purposes acquisition company, in a $228m deal. “Today marks an important milestone for SAI. I want to start off by thanking everyone who played a part in making SAI become a global leader in the Bitcoin mining industry and a listed company on Nasdaq,” Arthur Lee, SAITECH Founder and CEO.
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