Bitmain-Backed Crypto Miner Bitfufu Finally Goes Public In SPAC Deal [Forbes]
Arisz Acquisition Corp. - Unit (ARIZU)
Company Research
Source: Forbes
Leo Lu, founder and CEO of Bitfufu. B itfufu , a Singapore-based crypto mining platform, is set to start trading on the Nasdaq on Friday after finalizing its long-delayed deal to merge with blank-check company Arisz Acquisition Corp. Bitfufu had first attempted to go public in January 2022 through a merger with the same special purpose acquisition company formed by U.S. advisory firm MSQ Ventures. The 2022 agreement at the time valued Bitfufu at $1.5 billion, but the deal was postponed repeatedly due to volatility in the crypto markets. Over the past year, however, the market has bounced back strongly from the scandals that engulfed the crypto sector in 2022, when high-profile players like Sam Bankman-Fried and Changpeng Zhao were found guilty of white-collar crimes and bankruptcies cascaded across the industry. Bitcoin, the world's largest cryptocurrency, has recently surpassed $61,000, closing in on its all-time high of almost $69,000. Analysts say bitcoin's rally is bein
Show less
Read more
Impact Snapshot
Event Time:
ARIZU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ARIZU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ARIZU alerts
High impacting Arisz Acquisition Corp. - Unit news events
Weekly update
A roundup of the hottest topics
ARIZU
News
- Arisz Acquisition Shares Rise After BitFuFu Business Combination Closes [MarketWatch]MarketWatch
- BitFuFu Completes Business Combination with Arisz Acquisition Corp [Yahoo! Finance]Yahoo! Finance
- Arisz Acquisition Corp. Closes Its Business Combination with BitFuFu (Finfront Holding Company)GlobeNewswire
- Arisz Acquisition Corp. Announces Extension of Deadline to Complete Business CombinationGlobeNewswire