A Nasdaq-listed Korean media company confirmed the liquidation of its entire Bitcoin treasury to pivot toward AI infrastructure and maintain its listing status. Concurrently, the IPO market saw significant activity as Bleichroeder Acquisition Corp. III completed a $345 million offering and Mercator Acquisition Corp. priced its $150 million IPO. Additionally, pharmaceutical firm Apnimed has filed for a U.S. initial public offering to fund the development of its sleep apnea treatment.
