Global Blockchain Sponsor, LLC

1 deals · 0 closed · 1 liquidated · 0 in flight

Global Blockchain Sponsor, LLC served as the sponsor of Global Blockchain Acquisition Corp (Nasdaq: GBBK), a blank-check company that completed its initial public offering in 2022 with a focus on identifying acquisition targets in the blockchain, cryptocurrency, and Web3 technology sectors. The SPAC represents the sponsor's sole deal to date and did not result in a completed business combination, with the vehicle ultimately liquidating and returning capital to shareholders. The outcome reflects a broader pattern seen across the 2022 SPAC class, during which volatile market conditions and a sector-specific downturn in digital assets made deal execution particularly challenging. For full data on Global Blockchain Sponsor, LLC and its associated vehicle, sign up for SpacDesk.

Hot Seat Score

0Below average

Close rate

Median speed

—

Blended redemption

—

Total votes / extensions

0 / 0

Composite score combining historical close rate, median speed to deal close, and blended redemption discipline across all SPACs this sponsor has run. Higher score = institutional reputation worth retaining. Updates as new vote / closing data lands.

Win Rate (settled)

Total IPO Capital

$157.8M

Avg Extensions / Deal

0.0

Canonical

global blockchain sponsor

Promote Economics (1 SPAC with data)

Total PP Warrants

6,250,000

SPACs sponsored

Symbol	Issuer	IPO	IPO Size	Status	Target	Outcome	Extensions
GBBK	Global Blockchain Acquisition Corp.	2022-05-11	$157.8M	Liquidated	Cardea Corporate	liq 2023-08-14	0