CoinShares to List on Nasdaq through Merger with Special Purpose Acquisition Company

Digital asset management firm CoinShares has announced a strategic merger with Vine Hill Capital Investment Corp, a special purpose acquisition company listed on the Nasdaq Stock Market. This move will allow CoinShares to transition its common stock listing from the Nasdaq Stockholm Exchange to the U.S. Nasdaq Stock Market. 5 million shares of CoinShares’ common stock will be issued in a private placement at $10.04 per share, raising an estimated $50 million for the company.