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Stock impact report

Fourcore Becomes Sponsor of Global Blockchain Acquisition Corp. and Appoints Wealth Management CEO [Yahoo! Finance]

Global Blockchain Acquisition Corp. (GBBK) 
Company Research Source: Yahoo! Finance
Appoints Rob Sargent to CEO of wealth management business ATLANTA, November 18, 2024 BUSINESS WIRE )--Fourcore Capital ("Fourcore" or the "Company"), an emerging leader in AI-powered, global asset and wealth management, today announced that it has acquired the ownership interest of Global Blockchain Sponsor, LLC ("Global Blockchain") in Global Blockchain Acquisition Corp. (NASDAQ: GBBK). Through this transaction, Fourcore becomes the sponsor of the publicly listed investment vehicle. The leadership team and Board of GBBK will remain intact, and Allen "Al" Weiss will be appointed to the Fourcore Board of Directors as a part of this transaction. Additionally, Fourcore has appointed Robert "Rob" Sargent, Fourcore's Vice Chairman, to Chief Executive Officer ("CEO") of the Company's wealth management business. "This transaction demonstrates the collaborative partnership we have built with Global Blockchain over the past year," said Jordan Waring, Chairman of the Management Board and G Show less Read more
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