Roxe Holding in talks for listing on Nasdaq via $3.6B SPAC deal

Roxe Holding in talks for listing on Nasdaq via $3.6B SPAC deal


Goldenstone Acquisition Ltd, a special-purpose acquisition firm (SPAC), has announced plans to go public with blockchain-based payments firm Roxe Holding Inc.

As per the Wednesday announcement, the SPAC has agreed to a $3.6 billion merger with the global blockchain payments firm, which will see Roxe listed on the Nasdaq under the ticker ROXE. Roxe is a global payments company that offers both business-to-business and consumer payments services, with a focus on blockchain technology.

According to a Reuters report, citing insider sources, no current stockholders of Roxe are planning to sell their stake after the merger. On Tuesday, Roxe stated that certain shareholders may qualify for earnouts if the listed share price is reached.

Blockchain Payments Firm Roxe to Go Public in $3.6B Merger. #SPAC deal will see #Roxe

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