Bitcoin Asset Manager Parataxis to Go Public in $400M SPAC Deal Backed by SilverBox

Description

Digital asset manager Parataxis Holdings is officially going public through a SPAC deal with SilverBox Corp IV, confirming earlier plans to list, it announced in a press release on Wednesday. The new entity will be called Parataxis Holdings Inc. and aims to trade under the ticker “PRTX” on the New York Stock Exchange (NYSE). At a $10 share price, the deal values the combined company at $400 million, with the potential to double that figure if Parataxis exercises the right to raise an additional ...