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Dronamics Group Limited and GP-Act III Acquisition Corp. entered into a definitive business combination agreement for Dronamics to go public on Nasdaq. The transaction implies a ~US$500 million pro-forma enterprise value and is expected to provide approximately US$100 million in net cash proceeds.
“Dronamics to Go Public Through Business Combination with GP-Act III Acquisition Corp.”dronamics.com
Summarized from public sources; check the original articles before acting on it.