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Business Combination

All articles tagged with #business combination

Applied Digital Plans Cloud Spin-Out and EKSO Partnership for ChronoScale Launch

Originally Published 13 days ago — by Applied Digital Corporation (APLD)

Featured image for Applied Digital Plans Cloud Spin-Out and EKSO Partnership for ChronoScale Launch
Source: Applied Digital Corporation (APLD)

Applied Digital and EKSO announced a non-binding agreement to combine their cloud and exoskeleton businesses to form ChronoScale, a platform focused on high-performance GPU infrastructure for AI workloads, aiming to meet growing demand for specialized AI compute solutions. The transaction is expected to close in the first half of 2026, with Applied Digital owning about 97% of the new company.

Trump Media Group Raises $6.4 Billion for Crypto Investments and Acquisitions

Originally Published 4 months ago — by GlobeNewswire

Trump Media Group is partnering with Yorkville Acquisition Corp. and Crypto.com to create the CRO Strategy, a digital asset treasury focused on acquiring and managing CRO tokens of the Cronos ecosystem, backed by significant funding including $200 million in cash, a $5 billion credit line, and over 6 billion CRO tokens, aiming to establish a leading position in the digital asset market and integrate with the U.S. financial system.

Sonnet BioTherapeutics Announces $888 Million Merger to Launch HYPE Crypto Reserve

Originally Published 6 months ago — by GlobeNewswire

Featured image for Sonnet BioTherapeutics Announces $888 Million Merger to Launch HYPE Crypto Reserve
Source: GlobeNewswire

Sonnet BioTherapeutics plans a $888 million business combination to create a public cryptocurrency treasury company, Hyperliquid Strategies Inc., holding a significant reserve of HYPE tokens and cash to enhance its strategic position in digital assets, while continuing its biotech operations.

GrabAGun's Registration Statement Approved for Colombier II Merger

Originally Published 6 months ago — by Business Wire

Featured image for GrabAGun's Registration Statement Approved for Colombier II Merger
Source: Business Wire

GrabAGun announced that the SEC has declared effective its registration statement related to its proposed business combination with Colombier II, a key step towards its planned NYSE listing under the symbols PEW and PEWW, bringing it closer to completing the merger and expanding its market presence in the firearms retail industry.