An American based Dogecoin mining company has a new ambition: going public on the Nasdaq.
What’s happening:
- Dogecoin mining company Z Squared has entered into a merger agreement with Coeptis Therapeutics (NASDAQ: COEP) to become a publicly traded company
Why it matters:
- Z Squared is aiming to become the largest publicly traded Dogecoin mining company in the world with more than over 9,000 rigs
Going deeper:
- Following the merger Coeptis Therapeutics has publicly stated they will spin out their existing pharmaceutical business and all other existing assets
- Dogecoin has continued to find adoption within the traditional public markets, with asset management company 21Shares just recently making waves by forming an exclusive partnership with House of Doge and the Dogecoin Foundation to launch a new Exchange Traded Product on the SIX Swiss Exchange
The fine print:
- The merger between Z Squared and Coeptis Therapeutics will ultimately still require regulatory approval from the United States Securities and Exchange Commission prior to being able to officially close and financial terms of the transaction have not yet been disclosed
