Cathedra Bitcoin Inc (TSE:CBIT) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Cathedra Bitcoin Inc. shareholders have overwhelmingly approved a merger with Kungsleden, Inc., along with other key proposals during the Annual General and Special Meeting. The company, which is a diversified bitcoin mining firm, anticipates finalizing the merger soon, contingent on satisfying regulatory approvals, including the TSX Venture Exchange. Shareholders also voted in favor of appointing auditors, setting the number of directors, and approving changes to the company’s articles and incentive plans.
For further insights into TSE:CBIT stock, check out TipRanks’ Stock Analysis page.