Cantor SPAC And Adam Back’s Bitcoin Treasury Renegotiate Merger Terms, Vow New Structure

The post Sadot Group crashed 72%, halted five times today after short-seller report appeared on BitcoinEthereumNews.com. Nasdaq halted trading in Sadot Group (SDOT) five times this morning as its shares collapsed as much as 72% from yesterday’s close. The plunge followed a report from short-seller Fugazi Research, which declared that the company has “no meaningful fundamental value and is unsuitable for investment.” The Nasdaq-listed agri-food company, once a burger chain known as Muscle Maker Grill, still has large financial obligations and evidently collapsing investor confidence. By late morning in New York, the stock changed hands near $14, down about 65% from Tuesday’s $40.00 close. It briefly traded down to an intraday low of $11.01, or 72% below its 4pm price yesterday. Each plunge tripped Nasdaq’s trading breakers, designed to maintain orderly market pricing. As the volatile and relatively small company has swung wildly over the past few weeks, Nasdaq’s limit-up and limit-down

The post BSTR and Cantor Equity Partners call off original SPAC terms, delay BSTR listing again appeared on BitcoinEthereumNews.com. Adam Back’s Bitcoin Standard Treasury Company (BSTR) and Cantor Equity Partners I (NASDAQ: CEPO) have scrapped the terms of their year-old merger on Wednesday and postponed a shareholder vote indefinitely, restarting negotiations on how the Bitcoin treasury firm goes public. Cantor Equity Partners I (CEPO) has said its BSTR deal will not close on the terms set in the business combination agreement dated July 16, 2025. Both sides are now discussing a new structure for the merger and amended terms meant to “better reflect current market conditions.” The reset effectively kills the private placement financing, which was set to raise $1.5 billion, attached to the original merger. A vote that never came to life CEPO had initially planned its shareholder meeting for the 10th of July at 10 a.m. Eastern. But has now canceled the meeting. The company has asked sha

The indefinite postponement of the merger raises concerns about investor confidence and the viability of large-scale Bitcoin treasury strategies. The post BSTR Holdings and Cantor Fitzgerald scrap original de-SPAC merger terms, postpone shareholder vote indefinitely appeared first on Crypto Briefing.

The Bitcoin Standard Treasury Company and Cantor Equity Partners I announced that they were looking into amending the terms of a 2025 merger deal that “better reflected market conditions.”

SK Hynix's massive NASDAQ listing could accelerate global AI infrastructure growth, impacting tech sectors reliant on advanced memory chips. The post SK Hynix plans $28B NASDAQ listing, second-largest share sale ever appeared first on Crypto Briefing.

The post Wall Street analyst sets Nvidia stock price for 12 months appeared on BitcoinEthereumNews.com. Vivek Arya, a Wall Street analyst at Bank of America Corp. (NYSE: BAC), has maintained a bullish outlook for Nvidia Corp. (NASDAQ: NVDA), as investors wonder why Nvidia stock is down as of July 8. Arya reiterated a Buy rating for Nvidia stock on July 7 in a note to clients. He further set his 12-month price target for NVDA shares at $350, implying a potential rally of about 77.4%, as the company’s stock traded at about $197.30 at press time. The analyst argued that the recent Nvidia stock pullback aligns with historical weak seasonal patterns. Nonetheless, Arya anticipates the company’s stock market to rebound in the near term, fueled by rising global cloud demand amid growth in AI (Artificial Intelligence) infrastructure. Specifically, Arya’s bullish Nvidia stock forecast for 2026 and beyond is bolstered by the ongoing tokenization of real-world assets (RWA) and the adoption of AI a

The post Business Combination Postponement Halts Cantor-Back Deal appeared on BitcoinEthereumNews.com. A high-profile business combination in the crypto sector has hit an unexpected wall. Cantor Equity Partners I and Bitcoin Standard Treasury Co., the company associated with prominent Bitcoin advocate Adam Back, have confirmed they will not complete their proposed business combination under the originally agreed terms — and the shareholder meeting set for July 10 has been indefinitely postponed. Key takeaways Cantor Equity Partners I and Bitcoin Standard Treasury Co. will not proceed with their business combination under the original terms. Both parties are now pursuing a revised transaction structure, though no details have been disclosed. The shareholder meeting originally scheduled for July 10 has been postponed indefinitely. Adam Back, a well-known figure in the Bitcoin community, is associated with Bitcoin Standard Treasury Co. Postponement of the July 10 Shareholder Meeting The s

Adam Backs Bitcoin Standard Treasury Company and Cantor Equity Partners are revising their SPAC merger after abandoning the original deal terms. The post Cantor and Adam Back reset merger plan for Bitcoin treasury company appeared first on Crypto Briefing.