GSR V Acquisition Corp. completed its initial public offering (IPO), raising $230 million by selling 23 million units at $10 each, including full exercise of the underwriters' over-allotment option. Each unit includes one Class A ordinary share and one-seventh of a right to receive an additional share upon a future business combination. The units began trading on Nasdaq under the ticker GSRVU, with shares and rights expected to trade separately later. The company aims to use the proceeds to pursue mergers or acquisitions with high-growth potential businesses, leveraging public market access to accelerate growth.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
