Key Takeaways
- Nakamoto plans to acquire BTC Inc following a completed and satisfactory audit.
- The acquisition will be structured as an all-stock deal, meaning Nakamoto will use its stock to buy BTC Inc instead of cash.
Nakamoto, chaired by David Bailey, is positioned to acquire BTC Inc once its audit is complete, with the deal structured as an all-stock transaction.
The Nakamoto board can exercise its option to acquire BTC Inc once the audit process concludes. The acquisition would be executed through an all-stock transaction structure, according to information released today.
Source: https://cryptobriefing.com/nakamoto-acquire-btc-inc-stock-audit/
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