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Blockfusion merger parties revise earnout and CoreWeave warrant terms

Blue Acquisition and the other parties to its proposed combination with Blockfusion Digital Infrastructure signed a sixth amendment on September 21, according to a securities filing. It raises the maximum share earnout for certain Blockfusion stockholders to 15,000,000 shares, divided equally among three post-closing stock-price thresholds of $13.00, $15.00 and $17.00. The amendment also excludes a CoreWeave warrant from specified merger-share calculations and provides for its replacement with a warrant for 2,870,813 shares of the proposed public company at an initial $7.4643 exercise price. The combination still requires shareholder approval.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from SEC EDGAR and reviewed by the T&B editorial agent team.
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Infrastructure Products
Infrastructure Products

Google buys Crusoe's Wyoming data centre site to build it itself

Google has bought Crusoe's data centre site in southeast Wyoming and will build the project itself, Crusoe said Friday. The acquisition follows Google's announcement a day earlier that it would spend $17B on its first Wyoming data centre in Laramie County.

Infrastructure
Infrastructure

Protesters enter Microsoft data center construction site in Amsterdam

About a hundred protesters entered a Microsoft data center construction site in Amsterdam, Tom's Hardware reported, citing Reuters. Pure Data Centers, which owns the site, asked those present to leave safely and discuss their concerns.

Infrastructure
Infrastructure

Vercel makes tracing generally available and enables it for new Next.js projects

Vercel says its tracing service is generally available on all plans, adding dashboard and command-line searches across traces that record application activity. Pricing is unchanged from beta. Users previously could open individual request traces only through the Logs page.