Welcome to our dedicated page for BLOK DIGITAL news (Ticker: BLVDF), a resource for investors and traders seeking the latest updates and insights on BLOK DIGITAL stock.
GlobalBlock Digital Asset Trading Limited (BLVDF) generates news primarily around corporate restructuring, strategic transactions and capital markets activity. Company disclosures describe GlobalBlock as a publicly traded holding company whose listing is on the TSX Venture Exchange and other markets, and whose recent developments have focused on the sale of its former operating business, proposed reverse takeover transactions, and changes to its capital structure.
News releases have detailed the completion of a disposition of all or substantially all of the company’s property, including the transfer of its digital asset broker business back to the original founders of that business. Following this transaction, GlobalBlock reported that it no longer had an operating business and that its remaining assets consisted of cash and blockchain patents. Subsequent news has highlighted the company’s efforts to identify and, if successful, acquire or combine with a new business.
Investors following BLVDF news can expect updates on potential acquisitions or combinations, including proposed reverse takeover transactions. For example, GlobalBlock announced a binding letter of intent for a reverse takeover involving RTC Merchants Ltd. (doing business as CHAINERGY), and later issued a separate release confirming the termination of that proposed transaction due to financing and timing challenges. These developments illustrate the company’s focus on finding a new operating business and the uncertainties associated with such efforts.
Additional GlobalBlock news has covered board and management changes, the grant of stock options, the filing of audited and interim financial statements, and regulatory matters such as a management cease trade order and its revocation process. The company has also announced a name change to BLOK Digital Ltd. and a share consolidation on a defined ratio, along with the related procedures for shareholders. Readers who monitor this page can review an ongoing record of GlobalBlock’s corporate actions, strategic announcements and regulatory disclosures.
GlobalBlock Digital Asset Trading (OTC: BLVDF) will change its name to BLOK Digital Ltd. and complete a 4.8-for-1 share consolidation effective October 24, 2025. Post-consolidation common shares are expected to begin trading on a post-consolidation basis at open on October 24, 2025, with the trading symbol remaining BLOK.H. The new CUSIP will be 055503106 and the new ISIN will be CA0555031065.
After consolidation the company will have approximately 17,982,029 common shares outstanding prior to fractional rounding; no fractional shares will be issued and rounding rules apply. Convertible securities will be adjusted proportionately. Registered shareholders will receive a letter of transmittal from Odyssey Trust Company.
GlobalBlock Digital Asset Trading (OTC: BLVDF) has announced plans to change its name to BLOK Digital Ltd. and implement a share consolidation. The consolidation will be executed at a ratio of 4.8:1, reducing the company's outstanding shares from 86,313,741 to approximately 17,982,029.
Both the name change and consolidation have received board approval and shareholder authorization at the August 13, 2025 annual general meeting. The company will maintain its stock symbol "BLOK" and is awaiting final approval from the TSX Venture Exchange before proceeding with these corporate actions.
GlobalBlock Digital Asset Trading has announced the termination of its planned reverse takeover (RTO) transaction with RTC Merchants. The decision came after challenges in completing required financing due to turbulent market conditions.
In a significant management change, Rupert Williams is stepping down as CEO and director, with Angus Campbell appointed as the new Chief Executive Officer and director effective immediately. Campbell, who will lead the company's pursuit of new strategic transactions, brings extensive experience from London's financial sector, including roles in hedge funds, retail broking, and PR communications.
Campbell's background includes founding Nominis Advisory, a boutique PR firm, and serving as Director of TSX Venture Exchange listed Prestwick Capital Corporation. The company is now actively evaluating other acquisition opportunities to establish a new operating business.
GlobalBlock Digital Asset Trading (TSXV: BLOK.H) (OTC: BLVDF) has announced a binding letter of intent for a reverse takeover (RTO) transaction with CHAINERGY, effective January 3, 2025. The transaction will constitute a Reverse Takeover under TSX Venture Exchange Policy 5.2.
Upon completion, the resulting entity will operate CHAINERGY's business of developing sustainably powered artificial intelligence data centers. The deal includes a share exchange between existing CHAINERGY shareholders and concurrent financing subscribers, a consolidation, and a company rename with a new ticker symbol. The resulting issuer aims to list on the TSX Venture Exchange.
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