Celsius Chapter 11 Update and Galaxy’s Acquisition of GK8

Celsius Chapter 11 Update and Galaxy’s Acquisition of GK8


TheBlock
2022-12-07 15:16:05

Quick Take Galaxy Digital agrees to purchase GK8 from Celsius for ~$44.0mm Required escrow deposit of ~$5.4mm from November 3, 2022 agreement Celsius KERP approved in late November 2022 after being denied earlier this year Part of Celsius’s ongoing Chapter 11 proceedings