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Liminatus Pharma Inc. Evaluates Formation of Digital Asset Investment Vehicle Targeting Up To $500 Million in Capital Strategies
Globenewswire· 2025-07-25 12:31
Core Insights - Liminatus Pharma, Inc. has initiated a strategic internal review to explore the potential formation of a dedicated digital asset investment vehicle [1][2] - The prospective subsidiary aims to diversify the company's long-term treasury strategy and will operate independently from its core clinical pipeline [2] - If approved, the company anticipates targeting up to $500 million in potential capital formation through various financing tools [3] Company Overview - Liminatus Pharma is a preclinical-stage biopharmaceutical company focused on developing targeted cancer immunotherapies [6] - The company is advancing a pipeline of novel therapies that target cancer antigens and tumor-specific immune responses [6] - Liminatus is committed to responsible innovation in capital strategy to support its long-term scientific and operational objectives [6] Current Status - No capital has been raised or committed, and no agreements or partnerships have been established at this stage [4] - The internal review is subject to final Board approval, regulatory compliance, and prevailing market conditions [4][5] - The company is working with legal, financial, and regulatory advisors to determine the optimal structure and compliance framework for the proposed initiative [5]
WonderFi Securityholders Approve Acquisition by Robinhood; Earnout Rights Holders Approve Amendments to Earnout Rights Indenture
Newsfile· 2025-07-17 21:00
Core Viewpoint - WonderFi Technologies Inc. has received approval from its shareholders and brokers warrant holders for the acquisition by Wrangler Holdings Inc., a subsidiary of Robinhood Markets, Inc. [1][2] Group 1: Acquisition Details - The special resolution for the acquisition was approved by 96.28% of the votes cast by shareholders and 96.3% of the votes cast by brokers warrant holders [2] - Shareholders will receive C$0.36 per share as consideration, while brokers warrant holders will receive a cash amount based on the Black-Scholes value of their warrants [3] - A total of 321,024,400 votes were cast, representing approximately 48.36% of all issued and outstanding shares [2] Group 2: Next Steps and Timeline - WonderFi will seek a final order from the Supreme Court of British Columbia to approve the arrangement, with a hearing expected around July 21, 2025 [4] - The acquisition is anticipated to close in the second half of 2025, contingent on the satisfaction of all conditions in the arrangement agreement [4] Group 3: Earnout Rights Holders - Earnout rights holders have approved an extraordinary resolution to amend the earnout rights indenture, with 98.04% approval [5][6] - The last interim earnout payment period will be from July 1, 2025, to the earlier of the business day before the arrangement's effective date or November 14, 2025, with an aggregate earnout payment of $199,396 to be distributed [7][8] Group 4: Company Overview - WonderFi is a leader in centralized and decentralized financial services, managing over $1.7 billion in client assets [9] - The company aims to provide diversified investment exposure across the global digital asset ecosystem and owns market-leading brands such as Bitbuy and Coinsquare [10]
CoinShares Announces Amendment to Financial Calendar
GlobeNewswire News Room· 2025-07-15 07:00
Core Viewpoint - CoinShares International Limited has amended its financial calendar, specifically the release date for its Q2 earnings report, to allow for an interim review by auditors [2][3]. Company Overview - CoinShares is a global investment firm specializing in digital assets, providing a range of financial services including investment management, trading, and securities [4]. - The company has been focused on cryptocurrency since 2013 and is headquartered in Jersey, with additional offices in France, Sweden, Switzerland, the UK, and the US [4]. - CoinShares is regulated by various financial authorities, including the Jersey Financial Services Commission and the US Securities and Exchange Commission [4]. - The company is publicly listed on Nasdaq Stockholm under the ticker CS and on OTCQX under the ticker CNSRF [4].
Metalpha Technology Holding Limited Lists on Frankfurt Stock Exchange
Prnewswire· 2025-05-20 13:00
Core Viewpoint - Metalpha Technology Holding Limited has announced the availability of its shares for trading on the Frankfurt Stock Exchange, enhancing its visibility and accessibility for European investors while maintaining its primary listing on the Nasdaq Stock Market [1][2]. Company Overview - Metalpha Technology Holding Limited is a leading digital asset wealth management company that provides digital asset-focused wealth management services through a full-service, institutional-grade platform [3]. - The company aims to become a leader in digital asset-based wealth management, emphasizing innovation and transparency in its offerings [3]. Market Impact - The listing on the Frankfurt Stock Exchange is expected to facilitate investor access across European and international markets, aligning with the growing global interest in digital asset investments [2].