NPAC
$10.25+0.00 (+0.00%)
New Providence Acquisition Corp.
Recent News
Crypto Firm Abra to Go Public on Nasdaq in $750 Million SPAC Deal
Crypto wealth manager Abra is going public at a $750 million valuation—but regulators have repeatedly taken issue with how it does business.
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 ac...
Crypto company Abra to go public in blank-check merger
Crypto wealth management platform Abra plans to go public through a merger with blank-check firm New Providence Acquisition Corp III, amid renewed investor interest in digital asset companies, Abra said on Monday. After the transaction closes, the combined company will operate as Abra Financial Holdings, Inc., and anticipates listing on the Nasdaq exchange. Here are some details: * The transaction is based on a $750 million pre-moneyequity value of Abra * Existing Abra investors, including Pantera Capital andAdams Street, will roll 100% of their interests into thecombined company * "This is just the next logical step for us," said BillBarhydt, founder and CEO of Abra, in an interview.
NexGen Energy’s Rook I Project Emerges as a Key Source in the Next Uranium Supply Wave
MMCAP International increased its stake in NexGen Energy during the fourth quarter, deepening exposure to the company’s Rook I uranium project in Canada. As governments extend reactor lifespans and reconsider nuclear expansion, attention is turning to future uranium supply and how quickly projects like Rook I can begin production.
With 63% ownership, New Providence Acquisition Corp. III (NASDAQ:NPAC) boasts of strong institutional backing
Key Insights Institutions' substantial holdings in New Providence Acquisition III implies that they have significant...