Bitcoin Standard Treasury, Cantor Equity Partners Revise Merger Terms, Postpone July 10 Shareholder Vote
Bitcoin Standard Treasury Co. and Cantor Equity Partners have abandoned their original merger structure and are revising the terms of the business combination aimed at listing the Bitcoin-focused firm on a public exchange.
The companies also announced that a shareholder meeting originally scheduled for July 10 has been postponed indefinitely, leaving the timeline for the revised transaction open.
From the sources (3 posts)
@theblockcoTHE BLOCK: Cantor Equity Partners I and Adam Back's Bitcoin Standard Treasury Co. said they will not complete their proposed business combination under the originally agreed terms and are instead pursuing a revised transaction structure. T
@tftc21Adam Back's Bitcoin Standard Treasury Company (BSTR) and Cantor Equity Partners have agreed to revise their merger terms for a public listing.
@bitcoinnewscomNEW: Adam Back's The Bitcoin Standard Treasury Company to change the terms of its merger agreement with Cantor Equity Partners for a public offering.