Bullish and Far Peak Acquisition Corp. announce extension of outside date for business combination
News • May 9, 2022 • 1 min read
CAYMAN ISLANDS — May 9, 2022 — Bullish, a technology company that operates the regulated cryptocurrency Bullish exchange, and Far Peak Acquisition Corporation (NYSE: FPAC), a special purpose acquisition company, today announced that they have agreed to extend the outside termination date under their Business Combination Agreement from May 9, 2022, to July 8, 2022 in order to facilitate the completion of the business combination. No other changes were made to the Agreement.
As previously announced on July 8, 2021, Far Peak and Bullish entered into the Agreement providing for a business combination in which Bullish would become publicly traded on the New York Stock Exchange. Subject to various approvals and conditions, including the approval by Far Peak’s shareholders, the business combination is expected to close in late second or early third quarter of 2022.
Bullish is focused on developing products and services for the digital assets sector, and its flagship product, Bullish exchange, has rewired the traditional exchange to benefit asset holders, enable traders and increase market integrity. Supported by the group’s treasury, Bullish’s new breed of exchange combines deep liquidity, automated market making and industry-leading security to increase the accessibility of digital assets for traders. Bullish exchange is operated by Bullish (GI) Limited and is regulated by the Gibraltar Financial Services Commission (GFSC) (DLT license: FSC1038FSA). For more information, please visit investor.bullish.com or bullish.com and follow Twitter and LinkedIn.