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-0.000965250965251116 -0.000965250965251116 -0.000965250965251116 -0.00193050193050206 -0.00193050193050206 -0.00504826254826261 -0.00579150579150584 -0.00482625482625489
Stock impact report

Blockfusion to list in New York via $450 million SPAC deal [Yahoo! Finance]

Blue Acquisition Corp. - Class A Ordinary Shares (BACC) 
Company Research Source: Yahoo! Finance
?firm Blue Acquisition Corp in a deal valued at $450 million, ?as investor appetite for the sector continues to surge. Special purpose acquisition companies have re-emerged this year after ?a prolonged lull, with prominent investors and financial firms once again embracing the vehicles as an alternative path to access public markets. A SPAC is a shell company that raises capital through an initial public offering and later merges with a private business, ?offering it a shortcut to ?the public markets without a conventional IPO. New York-headquartered Blockfusion, designs, builds and operates infrastructure for artificial intelligence , enterprise and ?colocation customers. Data center infrastructure companies are seeing heightened demand in 2025, fueled by the rapid growth of digital services, wider adoption of generative artificial intelligence and machine learning, technologies ?that consume massive computing resources. Construction spending on U.S. data centers climbed to Show less Read more
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