M&A
confidence high
sentiment positive
materiality 0.85
Gold.com secures $150M PIPE at $44.50/share from Tether affiliate; to buy XAU₮ stablecoin
Gold.com, Inc.
- TPM, a Tether affiliate, to buy 3,370,787 shares at $44.50; first tranche of 2.84M shares closed Feb 6 for $126.4M.
- Second tranche of 530,337 shares for $23.6M is subject to HSR waiting period expiration or early termination.
- Purchase price is an 11.9% discount to the 10-day VWAP on NYSE as of Feb 4, 2026.
- $20M of proceeds will be used to acquire XAU₮, a gold-backed stablecoin sponsored by an affiliate of TPM.
- TPM gets board nomination rights (currently one director) as long as it holds ≥5% of outstanding shares; 90-day lock-up applies.