August 21, 2025

Wormhole could submit higher bid, potentially triggering contest with LayerZero for Stargate (STG)

Wormhole bid for Stargate is a competing acquisition offer intended to top LayerZero’s $110 million proposal; Wormhole asked for a five-business-day vote pause to complete due diligence and prepare a higher, market-reflective bid that better compensates …

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