Bullish and Far Peak Acquisition Corp. announce update to business combination
News • Oct 31, 2022 • 1 min read
CAYMAN ISLANDS, NEW YORK — October 31, 2022 — Bullish, a technology company that operates the regulated cryptocurrency trading platform Bullish exchange, and Far Peak Acquisition Corporation (NYSE: FPAC), a special purpose acquisition company, announced the filing of an amendment to Bullish’s Registration Statement on Form F-4 with respect to their proposed business combination.
As previously announced on July 8, 2021, Far Peak and Bullish entered into a Business Combination Agreement (the “Agreement”) providing for a business combination in which Bullish would become publicly traded on the New York Stock Exchange. Far Peak and Bullish continue to work diligently in order to facilitate the completion of the business combination.
Subject to various approvals and conditions, including the approval by Far Peak’s shareholders, the business combination is anticipated to close in mid- to late- December 2022. Under the terms of the Agreement, the Outside Date is December 31, 2022. The Agreement will be terminated on December 31, 2022 if the proposed business combination has not been completed on or before this date.
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.