According to Bloomberg, the merger between cryptocurrency asset management company ReserveOne and special purpose acquisition company (SPAC) M3-Brigade Acquisition V Corp. (MBAV) has officially fallen through. Insiders revealed that the $1 billion deal ultimately collapsed because at least two major investors in ReserveOne demanded to terminate the sale. Investors believe that since the merger was announced nearly a year ago, the prices of Bitcoin and other tokens have dropped significantly. If ReserveOne were to go public now, its stock price would inevitably fall below net asset value, and when factoring in transaction fees payable to bankers and sponsors, it would not be economically viable. https://www.(wublock123.com)/news/news-63042