Crypto Wealth Platform Abra to Go Public via SPAC Deal Abra, a cryptocurrency wealth platform, has announced plans to go public through a merger with a special purpose acquisition company (SPAC). A SPAC deal involves a shell company acquiring a private company and then merging to take it public without having to undergo the rigorous…
Abra Financial Holdings, the San Francisco-based digital asset wealth management platform, said Monday it will go public through a business combination with New Providence Acquisition Corp. III, a special purpose acquisition company listed on Nasdaq under the symbol NPACU. The combined company is expected to list on Nasdaq under the symbol ABRX, the company said…
NuScale Power (NYSE: SMR)a developer of small modular reactors (SMR), went public through a 2022 merger with a special purpose acquisition company (SPAC). Its shares opened at $10.70, rose to an all-time high of $53.43 last October, but now trade at around $14. NuScale is a divisive investment because it hasn’t sold any reactors yet….
