Search results for "INC"
2026-03-19
11:31

Digital Asset Management Platform Abra to Go Public via SPAC at $750 Million Valuation

Abra Financial Holdings has reached a merger agreement with New Providence Acquisition Corp. III and will go public through a SPAC transaction, with an expected listing on Nasdaq under the ticker symbol "ABRX". The combined company will be valued at $750 million, with an anticipated cash injection of $300 million, focusing on the digital asset wealth management market.
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10:29

Wallet Provider Exodus Announces Net Loss of $11.4 Million in 2025

Exodus Movement, Inc. reported a net loss of $11.4 million in 2025, despite recording a net profit of $113 million in 2024 with record revenue of $121.6 million. The loss was driven by a net loss on digital assets of $18.9 million and a significant increase in operating expenses. Fourth quarter revenue declined to $29.5 million, with net losses widening to $53.2 million.
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