Global Blockchain Faces Merger Termination and Stockholder Vote
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Global Blockchain Faces Merger Termination and Stockholder Vote

Global Blockchain Acquisition Corp. ( (GBBK) ) has shared an announcement.

Fourcore Capital, Inc. terminated its merger agreement with Global Blockchain Acquisition Corp. as of November 11, 2024. At a special meeting, over 90% of stockholders voted on key proposals, including extending the deadline for a business combination up to August 2025. The meeting concluded with approval of all proposals, maintaining redemption rights for public shares and setting contingencies for company dissolution if a business combination isn’t completed by the new deadline.

Find detailed analytics on GBBK stock on TipRanks’ Stock Analysis page.

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