| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| SK Steven Katznelson Radcliffe Capital Management LP | 278,039 | $77,850.92 | $77,072.41 | -$778.51 | -1% |
Bulldog Investors Bulldog Investors LLP | 37,500 | $11,137.5 | $10,395 | -$742.5 | -6.67% |
Jeffrey C. Smith Starboard Value LP | 149,999 | $44,550 | $41,579.72 | -$2,970.28 | -6.67% |
| BO Brian Oliveira Clear Street Group Inc. | 88,566 | $24,798.83 | $24,550.5 | -$248.33 | -1% |
| AAS ABC Arbitrage SA ABC Arbitrage SA | 20,000 | $5,940 | $5,380 | -$560 | -9.43% |
| - Industry | - Sector | Mr. Ryan Gentry CEO | NASDAQ (NMS) Exchange | - ISIN |
| United States Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Bitcoin Infrastructure Acquisition Corp Ltd. Warrant operates as a redeemable equity warrant that is part of a special purpose acquisition company (SPAC) structure. This warrant was issued during the company’s initial public offering (IPO) and is closely linked to its units, which include one Class A ordinary share along with one-half of a warrant. Holders of the whole warrants are entitled to purchase one Class A ordinary share at an exercise price of $11.50 per share, with provisions for adjustments. These warrants start being exercisable 30 days post the SPAC completing its initial business combination—a transaction that may involve a merger, share exchange, or asset acquisition targeted at businesses in the ever-evolving digital asset arena, focusing specifically on Web3 technologies, financial services infrastructure, and blockchain models. The expiration of these warrants is set for the fifth anniversary following the business combination or earlier, contingent upon either redemption or liquidation events. Notably, fractional warrants are not issued during the unit separation process, requiring holders to possess at least two units to validly exercise their warrants. Trading for the warrants commenced separately on December 17, 2025, after the IPO of units was priced at $10.00 each, marking an innovative financial instrument that offers leveraged exposure to the anticipated growth trajectories of bitcoin infrastructure and related sectors following the SPAC's merger activities, emphasizing the company's commitment to enhancing the digitization of financial processes.
These shares form the foundational equity component of the SPAC’s offering, giving shareholders ownership in the merged entity after the business combination is complete. Class A shareholders typically have voting rights and can participate in the company's future growth through appreciation of the share value.
The warrants offer investors a right to purchase additional shares at a predetermined price of $11.50 per share. This product enhances potential returns, as they provide leverage — if the company's value increases beyond the exercise price, investors may realize significant gains without needing to invest the full price of additional shares directly.
The SPAC structure allows for an expedited public offering process, which benefits both investors looking to capitalize on emerging companies in the digital asset space and the target companies seeking a faster route to public markets. The SPAC effectively acts as a bridge to bring private companies public.
Within the context of facilitating mergers, the SPAC provides advisory services to potential target companies. These services encompass identifying suitable acquisition targets within the digital asset infrastructure, Web3 technologies, and financial services domains, ensuring alignment with the SPAC’s strategic objectives.
The SPAC focuses on acquiring or merging with firms innovating in blockchain-driven models. This not only offers potential growth opportunities but also positions investors to participate in a transformative technology addressing various sectors, including finance, supply chain, and more.