Aperture AC To Acquire Bitcoin Miner And Compute Provider Atlantic HPC Group For $150M In Stock, Issuing 15M Shares At $10 Per APUR Share
Upon closing of the transaction, subject to approval by Aperture’s shareholders and Atlantic’s stockholders and other customary closing conditions, the combined company intends to be traded on Nasdaq under the ticker
Aperture AC is buying Atlantic HPC Group by giving them 15 million shares of Aperture stock worth $150 million total. When companies join together like this, watch if the combined business becomes stronger or if too many new shares make each old share worth less.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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