Jan 25 (Reuters) - Arisz Acquisition Corp ARIZ.O :
* BITMAIN-BACKED BITFUFU (FINFRONT HOLDING COMPANY), A WORLD-LEADING DIGITAL ASSETS CLOUD MINING SERVICE PROVIDER, ENTERED INTO A DEFINITIVE MERGER AGREEMENT WITH ARISZ ACQUISITION CORP.
* BITFUFU - TRANSACTION VALUES COMPANY AT A PRO FORMA ENTERPRISE VALUE OF APPROXIMATELY $1.5 BILLION
* BITFUFU - ENTERED INTO DEAL WITH ARISZ ACQUISITION CORP RESULTING IN CO BECOMING PUBLICLY LISTED ON NASDAQ UNDER ANTICIPATED TICKER SYMBOL "FUFU"
* BITFUFU - TRANSACTION INCLUDES A $70 MILLION FULLY COMMITTED PIPE FINANCING AT $10.00/SHARE, LED BY BITMAIN AND ANTPOOL
* BITFUFU - CO'S MANAGEMENT TEAM, LED BY ITS FOUNDER LEO LU, WILL CONTINUE TO RUN COMPANY AFTER TRANSACTION
Source text for Eikon: ID:nGNX719yfv Further company coverage: ARIZ.O