Question 1

What is Bullish acquiring and for how much?

Accepted Answer

Bullish is acquiring Equiniti, a global transfer agent serving nearly 3,000 issuer clients and 20 million shareholders, for $4.2 billion, comprising $1.85 billion in assumed debt and approximately $2.35 billion in Bullish stock.

Question 2

When is the Bullish-Equiniti deal expected to close?

Accepted Answer

The transaction is expected to close in January 2027, subject to regulatory approvals and customary closing conditions across multiple jurisdictions.

Question 3

How will the acquisition affect Equiniti's existing clients?

Accepted Answer

According to Equiniti CEO Dan Kramer, service continues without interruption, relationship managers remain in place, and all operational obligations and regulatory standing are unchanged.

equiniti

Bullish to buy Equiniti for $4.2 billion, aiming to bridge traditional share registries with blockchain markets

One sharp brief.
Every day.

equiniti

Bullish to buy Equiniti for $4.2 billion, aiming to bridge traditional share registries with blockchain markets

One sharp brief.Every day.

One sharp brief.
Every day.