tZERO Plans to Go Public Through $350 Million SPAC Merger, Aiming for NYSE Listing in Early 2027

Tokenized securities platform tZERO has announced plans to go public through a merger with special purpose acquisition company FG Imperii Acquisition Corp., valuing tZERO at $350 million. The transaction is expected to provide the combined company with up to $231 million from the SPAC trust account, depending on shareholder redemptions and related expenses. The merged company plans to list on the New York Stock Exchange in early 2027 under the ticker symbol TZRO. The deal is expected to close in early 2027, pending approval from shareholders and regulatory bodies, with tZERO's current CEO Alan Konevsky expected to remain in his position.

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