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Published Jun 30, 2023 06:00PM ET Updated Jul 01, 2023 07:00AM ET
© Reuters.
Bitcoin Depot, one of the largest cryptocurrency ATM firms in the United States, has announced the closing of a merger deal allowing the company to go public.
In a June 30 announcement, fintech firm GSR II Meteora Acquisition Corporation said its stockholders had approved the merger for the firm to act as a special purpose acquisition company for Bitcoin Depot. The deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot on the Nasdaq starting July 3.
Crypto ATM firm Bitcoin Depot will go public on Nasdaq starting July 3
