[ad_1] <br><div data-test-id="content-container"><p><figure class="getty-figure" data-type="getty-image"> <picture> <img src="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1367175536/image_1367175536.jpg?io=getty-c-w750" alt="SPAC - Special Purpose Acquisition Company -- text on stock market and money background" data-id="1367175536" data-type="getty-image" width="1536px" height="1456px" srcset="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1367175536/image_1367175536.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1367175536/image_1367175536.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1367175536/image_1367175536.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1367175536/image_1367175536.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1367175536/image_1367175536.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1367175536/image_1367175536.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1367175536/image_1367175536.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1367175536/image_1367175536.jpg?io=getty-c-w240 240w" sizes="(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px"/> </picture> <figcaption class="caption" data-type="getty-image"><p class="item-credits">zimmytws/iStock by way of Getty Pictures</p></figcaption> </figure></p> <p>SPAC Blockchain Moon Acquisition Corp. (<span class="ticker-hover-wrapper">NASDAQ:<a target="_blank" href="https://seekingalpha.com/symbol/BMAQ" title="Blockchain Moon Acquisition Corp." rel="noopener">BMAQ</a></span>) has determined to not liquidate and can as an alternative proceed to hunt a enterprise mixture within the wake of its failed merger with Norwegian Net 3 firm DLTx ASA (<a target="_blank" href="https://seekingalpha.com/symbol/DLTXF" title="DLTx ASA" class="paywall-full-content invisible" rel="noopener">OTC:DLTXF</a><span class="paywall-full-content invisible">). </span></p> <p class="paywall-full-content invisible">BMAQ mentioned Friday <a target="_blank" href="https://seekingalpha.com/filing/7341947" rel="noopener">in a filing</a> that its sponsor had modified its thoughts and determined to contribute extra funds to Blockchain's belief account to maintain it afloat whereas the SPAC searches for a brand new goal. On Thursday, BMAQ mentioned it had terminated its cope with DLTx and would liquidate.</p> <p class="paywall-full-content invisible">BMAQ introduced in October that it <a target="_blank" href="https://seekingalpha.com/news/3892001-spac-blockchain-moon-to-merge-with-web-3-infrastructure-developer-dltx-asa" rel="noopener">intended to acquire the bulk of DLTx's assets</a>, together with these associated to Net 3 infrastructure. The deal valued the mixed firm at round $163M, with shares anticipated to commerce on Nasdaq.</p> <p class="paywall-full-content invisible">The SPAC held its IPO in October 2021, <a target="_blank" href="https://seekingalpha.com/filing/6082332?hasComeFromMpArticle=false" rel="noopener">raising $100M.</a> </p> </div> <br>[ad_2] <br><a href="https://seekingalpha.com/news/3948669-spac-blockchain-moon-opts-not-to-liquidate-after-failed-dltx-merger?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aindices%7Csection_asset%3Alatest_news%7Cline%3A1">Source link </a>
SPAC Blockchain Moon opts against liquidating in wake of failed DLTx merger
[ad_1] zimmytws/iStock by way of Getty Pictures SPAC Blockchain Moon Acquisition Corp. (NASDAQ:BMAQ) has determined to not liquidate and can as an alternative proceed to hunt a enterprise mixture within the wake of its failed merger with Norwegian Net 3 firm DLTx ASA (OTC:DLTXF). BMAQ mentioned Friday in a filing that its sponsor had modified its thoughts and determined to contribute extra funds to Blockchain's belief account to maintain it afloat whereas the SPAC searches for a brand new goal. On Thursday, BMAQ mentioned it had terminated its cope with DLTx and would liquidate. BMAQ introduce