GlobalBlock announces proposed reverse takeover (RTO) by CHAINERGY, a company developing sustainably powered artificial intelligence data centers
Acquiring Company
GlobalBlock Europe UAB
Acquired Company
CHAINERGY
United KingdomFinanceEnergyArtificial IntelligenceMachine LearningDescription
GlobalBlock Digital Asset Trading Limited has entered into a binding letter of intent with CHAINERGY to complete a proposed reverse takeover transaction. Upon completion, the combined entity will carry on the business of CHAINERGY, focusing on sustainably powered modular data centers for Artificial Intelligence processing. The transaction is expected to lead to the creation of a new listed company on the TSX Venture Exchange.
Quick answer
GlobalBlock Europe UAB is acquiring CHAINERGY, announced January 6, 2025.
- How much did GlobalBlock Europe UAB pay for CHAINERGY?
- The deal value was not disclosed.
- What does GlobalBlock Europe UAB do?
- GlobalBlock is a cryptocurrency brokerage and wealth management firm focused on high net worth individuals.
- Where are GlobalBlock Europe UAB and CHAINERGY based?
- CHAINERGY is based in United Kingdom.
- Who are the decision-makers at GlobalBlock Europe UAB?
- Fundz holds 1 contact at GlobalBlock Europe UAB. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at GlobalBlock Europe UAB, and when
When GlobalBlock Europe UAB changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired CHAINERGY?
CHAINERGY was acquired by GlobalBlock Europe UAB. The deal was reported on January 6, 2025. GlobalBlock is a cryptocurrency brokerage and wealth management firm focused on high net worth individuals. GlobalBlock Europe UAB is privately held and operates in Finance.
When did GlobalBlock Europe UAB acquire CHAINERGY?
GlobalBlock Europe UAB's acquisition of CHAINERGY was reported on January 6, 2025. GlobalBlock Digital Asset Trading Limited has entered into a binding letter of intent with CHAINERGY to complete a proposed reverse takeover transaction. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CHAINERGY do?
Founded in 2022, CHAINERGY is a UK-based company leading the energy transition and digital infrastructure revolution. It specializes in sustainably powered modular data centers focused on meeting the rising demand for Artificial Intelligence processing. It is privately held, operating in Energy, and is based in United Kingdom.
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