Daily Brief Financials: Aadhar Housing Finance Ltd, Bitcoin, Flame Acquisition , GBank Financial Holdings and more

• Aadhar Housing Finance (AHF) is now looking to raise around US$600m in its India IPO, via selling a mix of primary and secondary shares.
• AHF is focused on the low income housing segments (ticket size less than INR1.5m) in India. It offers a range of mortgage-related loan products.
• In this note, we look at the updates from the company’s recent filings.

• In issue #17 of Crypto Moves, we described MicroStrategy’s co-founder and Chairman, Michael Saylor, as today’s Satoshi Nakamoto when it comes to Bitcoin narratives.
• While Satoshi Nakamoto was the creator of Bitcoin and the miner of its genesis block, Michael Saylor has emerged as a key leader in the last few years, promoting and supporting the current narratives that have driven Bitcoin to new peaks.
• These narratives have primarily centered on Bitcoin being a store of value, especially as an inflation hedge and a safe haven during economic crises and geopolitical instability.

• Flame Acquisition Corp (FLME) is merging with Sable Offshore in a $1 billion deal to acquire and revive oil and gas assets in California
• Strong investment demand seen with SPAC shares trading above cash value and $520 million raised in PIPE capital
• Deal offers high-quality asset, access to infrastructure, attractive pricing, strong balance sheet, and capable management team, with a 30-50% discount to peers and limited downside risk pre-deal close

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• GBFH operates a successful community bank in Las Vegas with high insider ownership and focus on innovative banking services
• Recently announced plans to acquire key intellectual property related to cashless betting
• Shows impressive net interest margin and expected growth in credit card interest income, remaining a well-managed and profitable institution

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.