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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Dec. 13, 2:51 AM

This Slide: #38 of 100

Slide #38. Dynamite Blockchain Corp. — Kaspa Mining Limited

Acquirer: Dynamite Blockchain Corp.
Acquiree: Kaspa Mining Limited
Details: Dynamite Blockchain Corp. (the "Company" or "Dynamite") (CSE: BLOX)2 is pleased to announce that it has entered into a binding arm's length Securities Exchange Agreement (the "Acquisition"), dated December 2, 2024, to acquire 100% of the outstanding shares of Kaspa Mining Limited ("Target" or "Kaspa Mining"). This strategic acquisition is expected to significantly ramp up the Company's Kaspa-oriented capabilities. Kaspa Mining currently owns and operates twenty-five (25) high-performance Bitmain KS5 Pro Kaspa miners and the Acquisition is expected to also provide the Company with access to the Target's expansive Kaspa-focused capabilities and networks.

  Both companies are privately held or listed on a foreign exchange.
 

December 13, 2024  •  2:51 AM Eastern

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