Worldwide Blockchain Acquisition Corp. Reports Pricing of $150,000,000 Initial Public Offering | National

Global Blockchain Acquisition Corp. Announces Pricing of $150,000,000 Initial Public Offering | National

Orlando, Florida, May 09, 2022 (GLOBE NEWSWIRE) – – Global Blockchain Acquisition Corp. (NASDAQ: GBBKU) (the “Company”) reported today that it valued its first sale of stock of 15,000,000 units at a cost to people in general of $10.00 per unit. The units are supposed to initiate exchanging on May 10, 2022 on The Nasdaq Global Market under the image “GBBKU.”

Each unit comprises of one portion of normal stock, one right, and one redeemable warrant. Each right qualifies the holder for get one-10th (1/10) of one portion of normal stock upon the culmination of an underlying business mix. Each warrant qualifies the holder for buy one portion of normal stock at a cost of $11.50 per share. When the protections involving the units start separate exchanging, the normal stock, privileges and warrants are supposed to be exchanged on the Nasdaq Global Market under the images “GBBK,” “GBBKR” and “GBBKW,” respectively.

I-Bankers Securities, Inc. is going about as the sole book-running chief of the contribution and Dawson James Securities, Inc. is going about as co-chief of the contribution. The financiers have been conceded a 30-day choice to buy up to 2,250,000 extra units presented by the Company to cover over-portions, if any. The contribution is supposed to close approximately May 12, 2022, dependent upon standard shutting conditions.

The offering is being made simply through an outline. When accessible, duplicates of the plan connected with this offering might be acquired from I-Bankers Securities, Inc. at 1208 Shady Lane N, Keller, Texas 76248.

A enlistment explanation connecting with the protections was proclaimed powerful by the Securities and Exchange Commission (“SEC”) on May 9, 2022. This public statement will not comprise a proposal to sell or the requesting of a proposal to purchase any protections, nor will there be any offer of these protections in any state or ward in which such deal, sales or deal would be unlawful preceding enlistment or capability under the protections laws of any such state or jurisdiction.

About Global Blockchain Acquisition Corp.

Global Blockchain Acquisition Corp. is an unlimited free pass organization coordinated to impact a consolidation, capital stock trade, resource securing, stock buy, rearrangement or other comparable business mix with at least one organizations or substances. While the Company might seek after an underlying business blend focus in any business, industry or geological area, it plans to zero in search on organizations are centered around blockchain related innovation, economy, ventures, and solutions.

Forward-Looking Statements

This public statement incorporates forward-looking explanations that imply dangers and vulnerabilities. Forward-looking explanations are proclamations that are not verifiable realities. Such forward-looking articulations, incorporating concerning the end of the contribution and the expected utilization of the returns thereof, are liable to dangers and vulnerabilities, which could make genuine outcomes contrast from the forward-looking proclamations, remembering those set out for the “Risk Factors” segment of the fundamental outline utilized regarding the Company’s contribution documented with the SEC. Duplicates are accessible on the SEC’s site, www.sec.gov. No affirmation can be given the contribution talked about above will be finished on the conditions portrayed, or by any means, or the net returns of the it be utilized as demonstrated to offer will. The Company explicitly renounces any commitments or undertaking to deliver openly any updates or amendments to any forward-looking assertions contained in this to mirror any adjustment of the Company’s assumptions with deference thereto or any adjustment of occasions, conditions or conditions on which any assertion is based, besides as expected by law.

Contact: Jonathan Morris [email protected] (407) 720-9250

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