Skip to main content
Trending storyContinuously updated

Dronamics to go public on Nasdaq via GPAT SPAC at $400M valuation

1 reports1 report sources26 minutes agoUpdate

Get up to speed on this story

AI Summary

Sofia-based cargo and defense drone maker Dronamics plans to list on Nasdaq by merging with GP-Act III Acquisition (GPAT), a SPAC, at a $400M valuation. Dronamics says the deal should deliver about $100M in net cash at closing after expenses, with a guarantee of at least $25M. The company expects the deal to close in the first half of 2027, possibly after May 8. Dronamics says it has no PIPE commitments so far.

AI-generated from reports · 12 minutes agoUpdate

Latest updatesNov 5 21:30
Dronamics to list on Nasdaq via SPAC at $400M valuation as trust shrinks to $99.4M

Report timeline

Follow the reports to understand different sides of the story.

Nov 5
  1. Tech Funding NewsTop Deals
    Dronamics to list on Nasdaq via SPAC at $400M valuation as trust shrinks to $99.4M

    Dronamics, a Sofia-based cargo and defense drone maker.

Trend for this story

Not enough continuous observation data yet; trend chart is not drawn for now.

Subscribe to the newsletters

Free, by email. No account needed. Pick one or both.

No spam. Unsubscribe anytime by emailing team@midu.si. Want alerts and full data? Sign up free (separate from the newsletter). Privacy.

Not investment advice. Midu summarizes public reports and SEC filings for information only. · Free API · Pricing