Blockchain Payment Company Roxe to Debut in Stock Market Via $3.6B SPAC Deal

Blank check company Goldenstone Acquisition Ltd said late on Tuesday that it has entered into a deal with blockchain-based payments company Roxe Holding Inc to take it public for a combined enterprise value of about $3.6 billion.

Roxe stockholders will roll 100% of their equity into the combined company and certain stockholders are entitled to an earnout for additional shares in the combined entity if certain stock price targets are met, Goldenstone said in a statement.

[Via]

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