Tokenisation firm tZERO plans NYSE American listing through $350 million SPAC deal
tZERO has agreed to combine with blank-cheque company FG Imperii Acquisition Corp. at a $350 million pre-money equity value, including up to $25 million linked to milestones. The merged firm expects to trade on NYSE American under the ticker TZRO once the deal closes, targeted for early 2027, subject to shareholder, regulatory and listing approvals. Up to $231 million could come from the SPAC's trust before redemptions. tZERO recently won CFTC approval for its clearing arm.