ARIZ

BitFuFu Completes Business Combination with Arisz Acquisition Corp

Retrieved on: 
Thursday, February 29, 2024

NEW YORK and SINGAPORE, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Finfront Holding Company, a fast-growing digital asset mining service and world-leading cloud-mining service provider ("BitFuFu" or the "Company"), and Arisz Acquisition Corp.(“ARIZ”), a publicly-traded special purpose acquisition company, today announced that they have completed their previously announced business combination (the “Business Combination”).

Key Points: 
  • NEW YORK and SINGAPORE, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Finfront Holding Company, a fast-growing digital asset mining service and world-leading cloud-mining service provider ("BitFuFu" or the "Company"), and Arisz Acquisition Corp.(“ARIZ”), a publicly-traded special purpose acquisition company, today announced that they have completed their previously announced business combination (the “Business Combination”).
  • The listed company following the Business Combination is BitFuFu Inc., and its Class A ordinary shares and warrants will commence trading on the Nasdaq Stock Market under the ticker symbols “FUFU” and “FUFUW”,  starting March 1, 2024.
  • In connection with the Business Combination,  BitFuFu obtained US$74 million in private investment in public equity ("PIPE") financing commitments from existing shareholders and strategic partners, including Bitmain and AntPool.
  • Echo Hindle-Yang, Chairwoman and CEO of Arisz Acquisition Corp. commented, "BitFuFu has been at the forefront in a rapidly growing and evolving industry, and we are proud to bring this company to the public markets through this successful business combination.

Arisz Acquisition Corp. Closes Its Business Combination with BitFuFu (Finfront Holding Company)

Retrieved on: 
Thursday, February 29, 2024

New York, NY, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Arisz Acquisition Corp. (NASDAQ: ARIZ) (the “Arisz”), a publicly traded special purpose acquisition company, announced the completion of its business combination (the “business combination”) with BitFuFu (Finfront Holding Company) (“BitFuFu”). BitFuFu is a fast-growing company in the digital asset mining industry and is dedicated to fostering a secure, compliant, and transparent blockchain infrastructure by providing a variety of stable and intelligent digital asset mining solutions.  

Key Points: 
  • Trading Under New Ticker Symbol “FUFU” Expected to Begin Friday, March 1, 2024
    New York, NY, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Arisz Acquisition Corp. (NASDAQ: ARIZ) (the “Arisz”), a publicly traded special purpose acquisition company, announced the completion of its business combination (the “business combination”) with BitFuFu (Finfront Holding Company) (“BitFuFu”).
  • The shareholders of Arisz Acquisition Corp. approved the transaction at a special meeting  of shareholders on February 28, 2024, and the transaction was also approved by BitFuFu’s shareholders.
  • The listed company following the Business Combination is BitFuFu Inc., and its Class A ordinary shares and warrants is expected to commence trading on the Nasdaq Stock Market under the ticker symbols “FUFU” and “FUFUW,” starting March 1, 2024.
  • The proceeds from this transaction will fuel the expansion of our offerings, which encompasses cloud-mining, self-mining, and miner hosting.

Arisz Acquisition Corp. Announces Extension of Deadline to Complete Business Combination

Retrieved on: 
Friday, February 16, 2024

The Extension is the first of up to nine (9) one-month extensions permitted under the February 5, 2024 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.

Key Points: 
  • The Extension is the first of up to nine (9) one-month extensions permitted under the February 5, 2024 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.
  • The Extension provides Arisz with additional time to complete its proposed business combination with Finfront Holding Company (“BitFuFu”).
  • Statements that are not historical facts, including statements about the pending transactions described above, and the parties’ perspectives and expectations, are forward-looking statements.
  • Stockholders will also be able to obtain a copy of the Registration Statement and proxy statement without charge from Arisz.

Arisz Acquisition Corp. Announces Extension of Deadline to Complete Business Combination

Retrieved on: 
Thursday, January 18, 2024

The Extension is the last of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.

Key Points: 
  • The Extension is the last of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.
  • The Extension provides Arisz with additional time to complete its proposed business combination with Finfront Holding Company (“BitFuFu”).
  • Statements that are not historical facts, including statements about the pending transactions described above, and the parties’ perspectives and expectations, are forward-looking statements.
  • Stockholders will also be able to obtain a copy of the Registration Statement and proxy statement without charge from Arisz.

Arisz Acquisition Corp. Announces Extension of Deadline to Complete Business Combination

Retrieved on: 
Tuesday, December 19, 2023

The Extension is the eighth of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.

Key Points: 
  • The Extension is the eighth of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.
  • The Extension provides Arisz with additional time to complete its proposed business combination with Finfront Holding Company (“BitFuFu”).
  • Statements that are not historical facts, including statements about the pending transactions described above, and the parties’ perspectives and expectations, are forward-looking statements.
  • Stockholders will also be able to obtain a copy of the Registration Statement and proxy statement without charge from Arisz.

Arisz Acquisition Corp. Announces Extension of Deadline to Complete Business Combination

Retrieved on: 
Tuesday, November 21, 2023

New York, NY, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Arisz Acquisition Corp. (NASDAQ: ARIZ (“Arisz” or the “Company”), a special purpose acquisition company, announced today that Arisz Investments LLC, the Company's initial public offering sponsor, has timely deposited into the Company's trust account (the “Trust Account”) , an aggregate of $120,000, in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from November 22, 2023 to December 22, 2023 (the “Extension”). The Extension is the seventh of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp. The Extension provides Arisz with additional time to complete its proposed business combination with Finfront Holding Company (“BitFuFu”).

Key Points: 
  • The Extension is the seventh of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.
  • The Extension provides Arisz with additional time to complete its proposed business combination with Finfront Holding Company (“BitFuFu”).
  • Interest on such demand deposit account is variable and therefore such rate of interest may decrease or increase significantly.
  • Stockholders will also be able to obtain a copy of the Registration Statement and proxy statement without charge from Arisz.

Arisz Acquisition Corp. Announces Extension of Deadline to Complete Business Combination

Retrieved on: 
Friday, October 20, 2023

The Extension is the sixth of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.

Key Points: 
  • The Extension is the sixth of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.
  • The Extension provides Arisz with additional time to complete its proposed business combination with Finfront Holding Company (“BitFuFu”).
  • Statements that are not historical facts, including statements about the pending transactions described above, and the parties’ perspectives and expectations, are forward-looking statements.
  • Stockholders will also be able to obtain a copy of the Registration Statement and proxy statement without charge from Arisz.

Arisz Acquisition Corp. Announces Extension of Deadline to Complete Business Combination

Retrieved on: 
Friday, September 15, 2023

The Extension is the fifth of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.

Key Points: 
  • The Extension is the fifth of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.
  • The Extension provides Arisz with additional time to complete its proposed business combination with Finfront Holding Company (“BitFuFu”).
  • Statements that are not historical facts, including statements about the pending transactions described above, and the parties’ perspectives and expectations, are forward-looking statements.
  • Stockholders will also be able to obtain a copy of the Registration Statement and proxy statement without charge from Arisz.

Arisz Acquisition Corp. Announces Extension of Deadline to Complete Business Combination

Retrieved on: 
Monday, August 21, 2023

The Extension is the fourth of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.

Key Points: 
  • The Extension is the fourth of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.
  • The Extension provides Arisz with additional time to complete its proposed business combination with Finfront Holding Company (“BitFuFu”).
  • Statements that are not historical facts, including statements about the pending transactions described above, and the parties’ perspectives and expectations, are forward-looking statements.
  • Stockholders will also be able to obtain a copy of the Registration Statement and proxy statement without charge from Arisz.

Arisz Acquisition Corp. Announces Extension of Deadline to Complete Business Combination

Retrieved on: 
Thursday, July 20, 2023

The Extension is the third of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.

Key Points: 
  • The Extension is the third of up to nine (9) one-month extensions permitted under the May 12, 2023 amendment to the Amended and Restated Certificate of Incorporation of Arisz Acquisition Corp.
  • The Extension provides Arisz with additional time to complete its proposed business combination with Finfront Holding Company (“BitFuFu”).
  • Statements that are not historical facts, including statements about the pending transactions described above, and the parties’ perspectives and expectations, are forward-looking statements.
  • Stockholders will also be able to obtain a copy of the Registration Statement and proxy statement without charge from Arisz.