Wen Acquisition Corp completes a US$300 million IPO on NASDAQ to expand its stablecoin business
According to online reports, Wen Acquisition Corp announced that it has completed its initial public offering (IPO) of 30,015,000 shares, raising approximately US$300 million. The company's shares have now begun trading on the Nasdaq Global Stock Market under the ticker symbol "WENNU". Wen Acquisition Corp said its key business will be in the areas of mergers, mergers, share swaps, asset acquisitions of financial technology companies, integrating blockchain networks into traditional financial systems to empower digital assets (such as stablecoins).
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