Latest news with #NasdaqMarketsite
The Star
5 days ago
- Business
- The Star
ReserveOne, backed by crypto heavyweights, set to raise over $1 billion in Nasdaq listing
FILE PHOTO: People walk outside the Nasdaq Marketsite in New York City, U.S., April 3, 2025. REUTERS/Brendan McDermid/File Photo (Reuters) -ReserveOne, a new crypto venture with ties to industry veterans and a former U.S. commerce secretary, will list on the Nasdaq through a merger with blank-check firm M3-Brigade Acquisition V Corp and is expected to raise more than $1 billion. The company will manage a portfolio of cryptocurrencies including bitcoin, ethereum and Solana, while aligning its holdings with the U.S. strategic crypto reserve, it said on Tuesday. The deal, expected to close in the October-December quarter, is the latest in a series of efforts to wrap crypto assets into equity and make them more appealing for traditional investors. The exponential stock price growth of Michael Saylor's Strategy, which pivoted to a bitcoin-focused business model in 2020, has also popularized the playbook. While ReserveOne is joining a crowded space, its CEO Jaime Leverton said the company's investment strategy and leadership give it an edge. Leverton previously led crypto miner and computing provider Hut 8. "Our management team and anticipated board of directors bring a really unique pedigree and diversity of background between Wall Street and regulatory and crypto," Leverton told Reuters. Sebastian Bea, a former executive at asset managers BlackRock and Coinbase Asset Management , will serve as ReserveOne's president and head of investment. Its board will be chaired by stablecoin giant Tether's co-founder Reeve Collins and will include former Blackstone dealmaker Chinh Chu and Wilbur Ross, the Secretary of Commerce in the first Trump administration. "Wilbur was a skeptic. But over the last number of months, he's really opened up to this space," Leverton said. The company also plans to generate returns by offering some assets for lending and institutional staking — a practice where crypto is locked up in exchange for periodic payouts. and Kraken are among the investors in the blank-check deal, contributing up to $750 million through a combination of equity and convertible debt offering. Blank-check firms such as M3-Brigade are shell entities that raise capital through an IPO with the sole purpose of merging with a private company, which then becomes publicly traded. (Reporting by Niket Nishant in Bengaluru; Editing by Sahal Muhammed)
Associated Press
14-04-2025
- Business
- Associated Press
Intelligent Protection Management to Present at Centri Capital Conference
At Nasdaq Marketsite in New York City on April 22 JERICHO, NEW YORK / ACCESS Newswire / April 14, 2025 / Intelligent Protection Management Corp. ('IPM,' the 'Company,' 'we,' 'our' or 'us') (Nasdaq:IPM), a managed technology solutions provider focused on cybersecurity and cloud infrastructure, today announced their attendance and participation at the Centri Capital Conference at the Nasdaq Marketsite in New York City, New York on Tuesday, April 22, 2025 The conference will feature presentations from public and private companies across a variety of industry sectors. Jason Katz, Chairman and CEO of IPM, is scheduled to present at 10:00am ET and will be available for one-on-one meetings on Tuesday, April 22, to discuss IPM's managed technology solutions focused on cybersecurity and cloud infrastructure. For those interested in attending, please visit: ABOUT INTELLIGENT MANAGEMENT PROTECTION CORP. (Nasdaq: IPM) Intelligent Management Protection Corp. ('IPM') is a managed technology solutions provider focused on cybersecurity and cloud infrastructure. IPM provides dedicated server hosting, cloud hosting, data storage, managed security, backup and disaster recovery, and other related services, including consulting and implementing technology solutions for enterprise and commercial clients across the United States. Our other products include ManyCam. The Company has an over 20-year history of technology innovation and holds 8 patents. For more information, please visit: To be added to our news distribution list, please visit: FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements anticipated in such statements. Such forward-looking statements include, but are not limited to, statements concerning such things as the Company's plans, objectives, strategies, expectations, intentions and other statements that are not statements of historical fact, and may be identified by words such as 'aim,' 'anticipates,' 'believes,' 'building,' 'continue,' 'could,' 'drive,' 'estimates,' 'expects,' 'extent,' 'focus,' 'forecasts,' 'goal,' 'guidance,' 'intends,' 'may,' 'might,' 'outlook,' 'plan,' 'position,' 'probable,' 'progressing,' 'projects,' 'prudent,' 'seeks,' 'should,' 'steady,' 'target,' 'view,' 'will' or 'would' or the negative of these words and phrases or similar words or phrases. The following factors, among others, could cause actual results to differ materially from those set forth in the forward-looking statements: general business and economic conditions globally; industry trends; competition; changes in government and other regulation; changes in political and economic stability; disruptions in business operations due to reorganization activities; interest rate and currency fluctuations; the inability of the Company to realize successfully any anticipated synergy benefits of its acquisition of Newtek Technology Solutions, Inc.; the inability of the Company to integrate successfully the operations of Newtek Technology Solutions, Inc.; fluctuations and volatility in the Company's stock price; the ability of the Company to successfully execute strategic plans; the ability of the Company to maintain customer and partner relationships; and the timing and market acceptance of new service offerings. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission ('SEC'), including the Company's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's website at All forward-looking statements speak only as of the date on which they are made. The Company undertakes no obligation to update any forward-looking statement or statements to reflect events or circumstances after the date on which such statement was made, except to the extent required by applicable securities laws. Investor Contacts: [email protected] ClearThink [email protected] 917-658-7878 SOURCE: Intelligent Protection Management Corp. press release
