Abra Financial Holdings

Definitive (DA signed)

Financials · digital asset wealth and treasury management · founded 2014

What it is: Abra is a rapidly scaling digital asset wealth platform delivering institutional-grade, on-chain solutions for digital asset management, custody, yield, lending, trading, and tokenization to institutions and high-net-worth clients.
What it’s doing now: Merging with New Providence Acquisition Corp. III/Cayman (NPAC) — definitive (da signed), announced Aug 4, 2026.
What you should know: Data is still being assembled for this company — what is shown below is everything we have verified so far.

The business, per its filings

SEC primary

Abra is a rapidly scaling digital asset wealth platform delivering institutional-grade, on-chain solutions for digital asset management, custody, yield, lending, trading, and tokenization to institutions and high-net-worth clients.

Source: 425, accession 0001213900-26-084823

What the company says about itself

Web research — not audited

Abra provides digital asset wealth and treasury management services for institutions and private clients. The platform offers trading (OTC & Spot) of 500+ assets, yield products including USDaf (tokenized USD yield) and BTCaf (Bitcoin yield), lending services, and portfolio building tools. It emphasizes fiduciary governance, segregated custody, and structural sovereignty for its users.

Markets:: Digital Asset Wealth Management | Crypto Trading | Yield Generation | Lending
Products:: USDaf | BTCaf | Solana Yield | Lending | Portfolio Builder | OTC Trading | Spot Trading
Customers:: RIAs | Family Offices | Corporate Treasuries | Long-Term Capital | Exchanges & Brokers | Private Client Individuals

What our web check found

[WEB-INTEL 2026-08-21] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Transaction consideration is based on a $750 million pre-money equity value of Abra" [https://www.linkedin.com/pulse/abra-digital-asset-wealth-management-platform-become-public-company-tffqc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Crypto wealth manager Abra is going public at a $750 million valuation" [https://finance.yahoo.com/news/crypto-firm-abra-public-nasdaq-161855914.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Abra's most recent round of funding raised $55 million and increased the company's valuation to $500 million." [https://forgeglobal.com/abra_ipo/] [WEB-INTEL 2026-08-21] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Transaction consideration is based on a $750 million pre-money equity value of Abra, with existing Abra stockholders rolling 100% of their ..." [https://www.linkedin.com/pulse/abra-digital-asset-wealth-management-platform-become-public-company-tffqc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The deal values Abra at a $750 million pre-money equity valuation and is expected to provide growth capital," [https://www.privsource.com/acquisitions/deal/abra-financial-holdings-to-go-public-via-spac-merger-with-new-providence-acquisition-corp.-iii-ane_JOSnbj] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "In March 2026, Abra announced plans to go public through a SPAC merger valued at approximately US$750 million, with plans to list on the Nasdaq." [https://en.wikipedia.org/wiki/Abra_(company)] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Crypto Firm Abra to Go Public on Nasdaq in $750 Million ..." [https://finance.yahoo.com/news/crypto-firm-abra-public-nasdaq-161855914.html] [WEB-INTEL 2026-08-21] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Transaction consideration is based on a $750 million pre-money equity value of Abra, with existing Abra stockholders rolling 100% of their ..." [https://www.linkedin.com/pulse/abra-digital-asset-wealth-management-platform-become-public-company-tffqc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The deal values Abra at a $750 million pre-money equity valuation and is expected to provide growth capital," [https://www.privsource.com/acquisitions/deal/abra-financial-holdings-to-go-public-via-spac-merger-with-new-providence-acquisition-corp-iii-ane_JOSnbj] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "In March 2026, Abra announced plans to go public through a SPAC merger valued at approximately US$750 million, with plans to list on the Nasdaq." [https://en.wikipedia.org/wiki/Abra_(company)] [WEB-INTEL 2026-08-21] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Transaction consideration is based on a $750 million pre-money equity value of Abra, with existing Abra stockholders rolling 100% of their ..." [https://www.linkedin.com/pulse/abra-digital-asset-wealth-management-platform-become-public-company-tffqc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The deal values Abra at a $750 million pre-money equity valuation and is expected to provide growth capital," [https://www.privsource.com/acquisitions/deal/abra-financial-holdings-to-go-public-via-spac-merger-with-new-providence-acquisition-corp-iii-ane_JOSnbj] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "In March 2026, Abra announced plans to go public through a SPAC merger valued at approximately US$750 million, with plans to list on the Nasdaq." [https://en.wikipedia.org/wiki/Abra_(company)] [WEB-INTEL 2026-08-24] 5 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Transaction consideration is based on a $750 million pre-money equity value of Abra, with existing Abra stockholders rolling 100% of their" [https://www.linkedin.com/pulse/abra-digital-asset-wealth-management-platform-become-public-company-tffqc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "NPAC has announced a pending business combination with Abra Financial Holdings, Inc. in a transaction valuing Abra at approximately $750 million." [https://www.perplexity.ai/finance/NPAC?comparing=NPAC,BLZR,RAAQ,GTEN,HCMAU,ATII] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Crypto Firm Abra to Go Public on Nasdaq in $750 Million SPAC Deal" [https://finance.yahoo.com/news/crypto-firm-abra-public-nasdaq-161855914.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Abra Financial is merging via SPAC merger with NPAC into ABRX; watch valuation, redemptions, dilution, and a likely mid-2026 public debut." [https://tickerspark.ai/market/abra-financial-spac-merger] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Abra's most recent round of funding raised $55 million and increased the company's valuation to $500 million." [https://forgeglobal.com/abra_ipo/] [WEB-INTEL 2026-08-24] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Abra's most recent round of funding raised $55 million and increased the company's valuation to $500 million. Abra has raised $96.4M to date." [https://forgeglobal.com/abra_ipo/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Abra has raised $98.0M across 5 funding rounds. Most recently, it raised $55.0M Series C in September 2021." [https://startupintros.com/orgs/abra] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Abra has raised $104M in funding from investors like First Round Capital, RRE Ventures and IGNIA. 8 rounds. Its first funding round was on Mar 04, 2015." [https://tracxn.com/d/companies/abra/__bLQXfXc-yI2pEyTdkfrkFfSkuHocjWcW0Vdxw35YiWE] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Transaction consideration is based on a $750 million pre-money equity value of Abra, with existing Abra stockholders rolling 100% of their ..." [https://www.linkedin.com/pulse/abra-digital-asset-wealth-management-platform-become-public-company-tffqc] [WEB-INTEL 2026-08-24] 9 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Transaction consideration is based on a $750 million pre-money equity value of Abra, with existing Abra stockholders rolling 100% of their" [https://www.linkedin.com/pulse/abra-digital-asset-wealth-management-platform-become-public-company-tffqc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The deal values Abra at a $750 million pre-money equity valuation and is expected to provide growth capital" [https://www.privsource.com/acquisitions/deal/abra-financial-holdings-to-go-public-via-spac-merger-with-new-providence-acquisition-corp-iii-ane_JOSnbj] · web source asserts a FILING-ONLY figure (deadline / trust / [WEB-INTEL 2026-08-28] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The deal values Abra at a $750 million pre-money equity valuation" [https://www.privsource.com/acquisitions/deal/abra-financial-holdings-to-go-public-via-spac-merger-with-new-providence-acquisition-corp-iii-ane_JOSnbj] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "NPAC has announced a pending business combination with Abra Financial Holdings, Inc. in a transaction valuing Abra at approximately $750 million." [https://www.perplexity.ai/finance/NPAC?comparing=NPAC,BLZR,RAAQ,GTEN,HCMAU,ATII] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Abra will combine with New Providence Acquisition Corp. III, file a Form S-4, target Nasdaq ticker ABRX and pursue $10B+ AUM by end of 2027." [https://www.stocktitan.net/sec-filings/NPAC/425-new-providence-acquisition-corp-iii-cayman-business-combination-c-30cfcb688b16.html]

Source: https://www.abra.com/ · captured Aug 28, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Abra Financial Holdings is merging with New Providence Acquisition Corp. III/Cayman (NPAC), a $300M SPAC currently marked Deal announced and trading at $10.46 against $10.51 in trust per share.

Headline equity value	—
Post-close ticker	ABRX

How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

What it is being valued atSEC-primary — the filed capitalisation table

What the filings actually value

They are not the same fact, and only the last one is what a valuation multiple may be struck on.

Pre-money equity value of the target$750M

What Abra Financial Holdings, Inc. on its own is valued at, before a dollar of the SPAC's trust or the PIPE reaches it. This is the price agreed for the business itself.

Pro-forma enterprise value$846.3M

The combined company net of that cash — what the buyers are paying for the BUSINESS. Every multiple below is struck on this figure and on nothing else.

What that price is, per dollar of sales

Enterprise value ÷ EBITDA — not shown

No EBITDA figure for Abra Financial Holdings, Inc. appears in any filing we hold, so no EV/EBITDA multiple is shown. We have not inferred one from a margin assumption — a multiple built on an assumed margin measures the assumption, not the company.

All figures above are stated in EX-99 investor presentation0001213900-26-027989

EX-99 press release, 0001213900-26-027989: preMoneyEquityM "$750 million". A press release is a party's own claim, not a filed table: any stated capitalisation table supersedes it.

Was this deal done at an expensive or a cheap valuation?

SpacBrain’s read on the price

No multiple can be computed

We hold no revenue figure in US dollars for Abra Financial Holdings, Inc., so there is nothing to divide the price by and no multiple can be struck. It is not recorded as pre-revenue either — this is a gap in our record, not a finding that the company has no sales. The deal values it at $846.3M regardless.

We have not extracted a revenue figure for this company from its filings yet. That is our gap, not a statement about the business.

What the buyers are paying for the whole company$846.3M

Pro-forma enterprise value as filed.

Divided by what the company actually sells in a yearno revenue figure on file

Not extracted from the filings yet.

= what this deal pays for every dollar of those salesno multiple

Not computable — no revenue figure has been extracted from the filings yet.

What the stock market pays for its closest listed peersno comparable multiple

No listed comparable carries a revenue multiple we can use.

Common questions

Is Abra Financial Holdings going public?

Abra Financial Holdings has a signed merger with the SPAC New Providence Acquisition Corp. III/Cayman (NPAC), announced Aug 4, 2026. The combined company expects to trade as ABRX. Deal status: Definitive (DA signed).

Was Abra Financial Holdings bought at an expensive or a cheap valuation?

Does Abra Financial Holdings have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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Same sponsor’s other SPACs

NPA — New Providence Acquisition Corp. · Closed (deSPAC)