Tech Funding News· Sofia Chesnokova·· 25 minutes agoTop DealsAI Score58
Dronamics to list on Nasdaq via SPAC at $400M valuation as trust shrinks to $99.4M
Dronamics is targeting a Nasdaq listing at a $400m valuation. Can it still fund its defence expansion with a smaller SPAC trust?
AI Overview
Dronamics, a Sofia-based cargo and defense drone maker.
Why it matters
The gap between the $400M headline valuation and a SPAC trust that has shrunk to $99.4M shows how thin the cash behind this listing actually is.
Source:Tech Funding News · techfundingnews.com
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