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$HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of Gryphon Digital Mining, Inc. (NASDAQ: GRYP)
GlobeNewswire News Room· 2025-07-02 21:48
Core Viewpoint - The article discusses the investigation by Monteverde & Associates PC into Gryphon Digital Mining, Inc. regarding its reverse merger with American Bitcoin Corp, which will result in American Bitcoin shareholders owning approximately 98% of Gryphon post-transaction, raising questions about the fairness of the deal [1]. Group 1: Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has recovered millions for shareholders [1]. - The firm is located in the Empire State Building, New York City, and specializes in class action securities litigation [2]. Group 2: Transaction Details - The reverse merger will lead to American Bitcoin shareholders holding about 98% of Gryphon, while existing Gryphon shareholders will only retain 2% of ownership after the merger [1]. - The article raises concerns about whether this distribution of ownership is fair to existing Gryphon shareholders [1].
Inspirato and Buyerlink Announce Definitive Agreement to Combine Companies, Forming One Planet Platforms
Globenewswire· 2025-06-26 13:00
Core Viewpoint - Inspirato and Buyerlink are merging through a reverse merger, valuing Buyerlink at approximately $326 million, aiming to create a leading platform for online marketplaces across various sectors, with projected revenues of around $350 million and adjusted EBITDA of approximately $30 million by 2025 [1][7]. Strategic Rationale - The merger aims to transform Inspirato from a luxury hospitality brand into a technology-driven luxury travel marketplace, enhancing member services and expanding luxury travel experiences [2]. - By integrating Buyerlink's capabilities, the combined entity will focus on maximizing value for members and tapping into new segments of the global luxury travel market [2]. Company Profiles - Inspirato is a luxury vacation club and property technology company, providing curated vacation options and custom travel experiences [14]. - Buyerlink is a leading marketing technology platform specializing in online marketplaces across high-value verticals, particularly in automotive and home services [15]. Transaction Details - The merger will consist of 90% common stock and 10% preferred stock, with preferred stock carrying a 7% accrued dividend [8]. - The average closing price of Inspirato's common stock prior to the agreement was $3.61 per share [8]. Governance and Leadership - One Planet Group will become the majority shareholder of the new entity, which will be named One Planet Platforms, with Payam Zamani serving as Chairman and CEO [9]. - Inspirato will continue to operate as a premier luxury travel company within the combined entity [9]. Approval Process - A Special Committee of Inspirato's Board of Directors conducted a thorough review and unanimously recommended the merger, which was subsequently approved by the full Board [11].