The Transaction is expected to establish New Hut as a large scale, publicly traded Bitcoin miner focused on economical mining, highly diversified revenue streams, and industry-leading best practices in ESG. Pursuant to the Business Combination Agreement, shareholders of Hut 8 will receive, for each Hut 8 share, 0.2 of a share of New Hut common stock (the “Hut Consideration”), which will effectively result in a consolidation of the Hut 8 shares on a 5 to 1 basis. Stockholders of USBTC will receive, for each share of USBTC capital stock, 0.6716 of a share of New Hut common stock
Mondee Acquires Leading Brazilian B2B Travel Company, Orinter, Strengthening Its Global Position As A Modern Marketplace Comprising Travel Content And Experiences In The Global Gig Economy; Acquisition Valued At Approximately $40M
Mondee Holdings, Inc. (NASDAQ:MOND) ("Mondee" or the "Company"), a technology-driven, next-generation marketplace that enables growth in a $1 trillion segment of the travel market,