공시 • Apr 16
Global Blockchain Acquisition Corp.(NasdaqCM:GBBK) dropped from NASDAQ Composite Index Global Blockchain Acquisition Corp has been dropped from the NASDAQ Composite Index. Board Change • Mar 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director David Ruttenberg is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Mar 04
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director David Ruttenberg is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Feb 18
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director David Ruttenberg is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Feb 15
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director David Ruttenberg is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Nov 16
Global Blockchain Acquisition Corp. announced delayed 10-Q filing On 11/15/2024, Global Blockchain Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Board Change • Nov 15
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director David Ruttenberg is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Aug 16
Global Blockchain Acquisition Corp. announced delayed 10-Q filing On 08/15/2024, Global Blockchain Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Board Change • Aug 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director David Ruttenberg is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • May 18
Global Blockchain Acquisition Corp. announced delayed 10-Q filing On 05/16/2024, Global Blockchain Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • May 12
Global Blockchain Acquisition Receives Non-Compliance Letter Regarding Nasdaq Listing Rule 5450(a)(2) On May 7, 2024, Global Blockchain Acquisition Corporation received a letter from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it is not in compliance with Nasdaq Listing Rule 5450(a)(2), which requires the Company to maintain at least 400 total holders for continued listing on the Nasdaq Global Market. The Total Shareholders Notice stated that the Company has until June 21, 2024 to provide Nasdaq with a plan to regain compliance. If the plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from the date of the Total Shareholders Notice to evidence compliance. If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Total Shareholders Notice has no immediate effect on the listing of the Company’s securities, and the Company’s securities continue to trade on the Nasdaq Global Market. The Company intends to provide Nasdaq, on or prior to June 21, 2024, with the Company’s plan to meet the requirements under Nasdaq Listing Rule 5450(a)(2), and will evaluate available options to regain compliance. However, there can be no assurance that the Company will be able to regain compliance under Nasdaq Listing Rule 5450(a)(2), or will otherwise be in compliance with other Nasdaq listing criteria. 공시 • Apr 28
Global Blockchain Acquisition Corp., Annual General Meeting, May 07, 2024 Global Blockchain Acquisition Corp., Annual General Meeting, May 07, 2024, at 11:00 US Eastern Standard Time. Agenda: To elect the following seven director nominees to the Board of Directors to serve for a one-year term ending at the 2024 Annual Meeting of Stockholders or until their successor is duly elected and qualified David Metcalf , David Ruttenberg ,Paul C. Jeffries, Max Hooper,Katya Fisher, Allen Weiss, Chris Ensey ; to Ratification of the Appointment of Independent Auditors to ratify the appointment of Withum Smith+Brown, PC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024; to approve an amendment to the Investment Management Trust Agreement, dated May 9, 2022, by and between the Company and Continental Stock Transfer& Company, pursuant to an amendment in the form set forth in Annex B of the accompanying proxy statement, to authorize the Extension and its implementation by the Company; and to consider other matters if any. 공시 • Apr 03
Global Blockchain Acquisition Corp. announced delayed annual 10-K filing On 04/02/2024, Global Blockchain Acquisition Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Board Change • Feb 15
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director David Ruttenberg is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Nov 17
Global Blockchain Acquisition Corp. announced delayed 10-Q filing On 11/15/2023, Global Blockchain Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • Aug 19
Cardea Capital Advisors, LLC entered into a definitive agreement to acquire Global Blockchain Acquisition Corp. (NasdaqGM:GBBK) in a reverse merger transaction. Cardea Capital Advisors, LLC entered into a definitive agreement to acquire Global Blockchain Acquisition Corp. (NasdaqGM:GBBK) in a reverse merger transaction on August 17, 2023. The transaction consideration will be paid in newly issued shares of common stock of GBBK valued based on an aggregate implied a pro-forma enterprise valuation for Cardea of approximately $175 million. Under the terms of the agreement, a wholly-owned subsidiary of GBBK will merge with and into Cardea, with Cardea surviving, and Cardea will become a wholly-owned subsidiary of GBBK. Upon completion of the transaction, GBBK will be renamed “Cardea Capital Holdings, Inc.” and will be listed on The Nasdaq Stock Market. Neil Fillary, President and International Chief Executive Officer of Cardea and the team will join GBKK.The closing of the transaction is subject to approval by Cardea’s stockholders and GBBK’s stockholders, and is subject to other customary closing conditions, including but not limited to GBBK’s receipt of a fairness opinion supporting the implied pro-forma enterprise valuation of Cardea. The boards of directors of GBBK and Cardea both unanimously approved the proposed business combination. The transaction is expected to close by the end of the first quarter of 2024. ArentFox Schiff LLP is serving as legal advisor to GBBK. Ellenoff Grossman & Schole LLP is serving as U.S. legal counsel to Cardea. New Risk • Aug 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$74.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (US$74.9m market cap). 공시 • May 17
Global Blockchain Acquisition Corp. announced delayed 10-Q filing On 05/16/2023, Global Blockchain Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • Jun 25
Global Blockchain Acquisition Corp. announced delayed 10-Q filing On 06/24/2022, Global Blockchain Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 