Digital asset management platform Abra has announced that it will go public by merging with blank-check company New Providence Acquisition Corp III. After the merger, the company will be renamed Abra Financial Holdings and plans to list on Nasdaq under the ticker ABRX. The transaction values Abra at a pre-money valuation of approximately $750 million and is expected to bring in up to around $300 million in funding for the company (depending on redemptions).
