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Bitcoin ATM Company To Go Public
Bitcoin Depot, the largest Bitcoin ATM company in the world with more than 7,000 locations, has announced it will go pubic on the Nasdaq via a SPAC deal with GSR II Meteora Acquisition (NASDAQ:GSRM).
The deal puts roughly a $883M~ USD valuation on Bitcoin Depot, which has done over $600M in transactions in the past year.
Bitcoin Depot is looking to make use of the new funding to expand into new locations, specifically into New York.
- Kits Eyecare (TSX:KITS), founded by notable Vancouver entrepreneur Roger Hardy, has received approval from the TSX to buy back 5% of the company’s shares
- Third Harmonic Biotech, a startup focused on allergies and inflammatory diseases, will go public via an IPO on the Nasdaq, after recently raising $105M in their Series B.
- Canadian crypto marketplace WonderFi (TSX:WNDR) will pursue a Nasdaq listing, just a few short months after becoming publicly traded in Canada on the Toronto Stock Exchange.
- Mobilicom, an Israel-based cybersecurity company for drones and robotics, has announced they will go public on the Nasdaq in an $11.8M IPO.
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