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Home›Crypto›Market Structure›Cantor SPAC and Adam Back renegotiate planned Bitcoin…

Cantor SPAC and Adam Back renegotiate planned Bitcoin treasury merger terms

The parties scrapped the original merger terms and are seeking a revised structure aligned with current market conditions.

Reported · Written up by our desk · Market Structure

Bitcoin Magazine reports that Cantor-backed SPAC CEPO and Adam Back’s Bitcoin Standard Treasury Company scrapped the original merger terms.

The outlets says they will negotiate a revised structure intended to better reflect current market conditions.

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Sources

CointelegraphAdam Back’s Bitcoin treasury company seeks new terms with Cantor for SPAC merger

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