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New Deal


Announced

Roxe Holding and Goldenstone Acquisition terminated a $3.6bn merger.

Financials

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Transaction Value£3,155m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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De-SPAC

payment network

Acquisition

Reverse Takeover

Private

United States

Friendly

Payments / Commerce

Domestic

Single Bidder

blockchain payment

Majority

Merger

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Synopsis

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Roxe Holding, a payment network that uses blockchain to make money smarter, and Goldenstone Acquisition, a SPAC, terminated a $3.6bn merger. “We are thrilled to be working with Goldenstone to bring Roxe onto NASDAQ, which we believe will accelerate our growth and that of the groundbreaking payments ecosystem that Roxe makes possible. We believe that through our combined teams and expertise, Roxe will empower users to streamline payments, financial transactions and value exchange across the globe," Josh Li, Roxe Chief Business Officer. On September 30, 2022, Roxe Holding and Goldenstone Acquisition terminated a $3.6bn merger.

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