Global Blockchain Acquisition Corp. Dissolves Following Redemption of Public Shares

Global Blockchain Acquisition Corp. Announces Redemption of Public Shares and Subsequent Dissolution

NEW YORK, April 9, 2025 - Global Blockchain Acquisition Corp. (the "Company"), a special purpose acquisition company, announced today that it has redeemed all of its outstanding public shares.

As previously announced, the Company had entered into a definitive agreement to acquire a majority stake in a leading blockchain-based technology company. However, due to unforeseen circumstances, the Company has determined that it is in the best interest of its shareholders to redeem all of its outstanding public shares and subsequently dissolve.

The redemption of public shares will be effective as of April 15, 2025, and all public shareholders will receive $10.00 per share in cash, representing the redemption price. The Company will use its remaining cash reserves to pay for the redemption.

After the redemption, the Company will dissolve and cease to exist as a publicly traded company. The dissolution is expected to be completed by the end of the second quarter of 2025.

"We are grateful for the support of our public shareholders and appreciate their understanding in this matter," said [Name], CEO of Global Blockchain Acquisition Corp. "While we are disappointed that our acquisition plans did not come to fruition, we believe this decision is in the best interest of our shareholders and allows us to focus on other opportunities."

About Global Blockchain Acquisition Corp.

Global Blockchain Acquisition Corp. is a special purpose acquisition company formed to acquire and merge with one or more businesses in the blockchain and cryptocurrency industry. The Company is listed on the NASDAQ Capital Market under the ticker symbol GBLA.

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