BLOCKCHAIN COINVESTORS ACQUISITION CORP. I ANNOUNCES TERMINATION OF BUSINESS COMBINATION AGREEMENT WITH LINQTO, INC.
Blockchain Coinvestors Acquisition Corp. I - Class A Ordinary Shares (BCSA)
Company Research
Source: PR Newswire
GRAND CAYMAN, Cayman Islands, Sept. 30, 2024 /PRNewswire/ -- Blockchain Coinvestors Acquisition Corp. I (Nasdaq: BCSA) ("BCSA"), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced that its business combination agreement with Linqto, Inc. ("Linqto") has been terminated.As previously announced, on April 9, 2024, Blockchain Coinvestors Acquisition Corp. I, a Cayman Islands exempted company ("BCSA"), entered into a Business Combination Agreement (the "Business Combination Agreement"), by and among BCSA, Linqto and BCSA Merger Sub I, Inc.On September 26, 2024, Linqto delivered to BCSA a notice of termination of the Business Combination Agreement pursuant to Section 7.2(a) thereof, effective the same day.In connection with the termination of the Business Combination Agreement and pursuant to Section 7.2(b) thereof, Linqto agreed to pay BCSA a termination fee of $5.0 million promptly but in no event later than 30 days following t
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BCSA
Sec Filings
- 11/12/24 - Form 25-NSE
- 10/31/24 - Form 8-K
- 9/30/24 - Form 8-K
- BCSA's page on the SEC website