The U.S. Securities and Exchange Commission (SEC) announced that the F-4 registration statement related to the proposed business combination between Bitdeer Technologies Holding Company and special purpose acquisition company Blue Safari has become effective. The business combination values ​​Bitdeer at approximately US$1.18 billion. After the business combination is completed, the merged company BTG will become a Nasdaq-listed company with the stock code BTDR.

The Blue Safari Board of Directors recommends that its shareholders vote in favor of the proposed business combination and related proposals described in the definitive proxy statement dated March 27, 2023, at Blue Safari's Extraordinary General Meeting of Shareholders (EGM). The EGM will be held at 9:00 a.m. ET on April 11, 2023 to approve, among other matters, the business combination. (PRNewswire)