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New Deal


Announced

Linqto to go public via a SPAC merger with Blockchain Coinvestors Acquisition I in a $700m deal.

Financials

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Transaction Value£552m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Reverse Takeover

Pending

United States

FinTech

Single Bidder

Private

Merger

digital investment platform

Acquisition

Domestic

De-SPAC

Friendly

Majority

Synopsis

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Linqto, a developer of an investment platform to identify, evaluate, invest, and trade securities in unicorn companies, agreed to go public via a SPAC merger with Blockchain Coinvestors Acquisition I, a special purpose acquisition company, in a $700m deal. "This merger represents a significant milestone in Linqto's journey towards growth and innovation in the private investing space. We are excited about the opportunities it brings to further enhance our platform and provide even greater value to our investors. Our focus remains steadfast on driving growth and expanding opportunities in the private markets," Joe Endoso, Linqto CEO.

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