BSTR and Cantor's SPAC Abandon Original Merger Deal on July 8, Seek Revised Terms

According to Bloomberg, on July 8, Cantor Equity Partners I Inc. and BSTR Holdings announced they have abandoned the original merger agreement signed last year and are seeking to negotiate revised transaction terms that better reflect current market conditions. The companies did not disclose specific financial terms of a new deal or timeline for reaching an agreement.
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