GP-Act III Acquisition to merge with Dronamics for $500M

GP-Act III Acquisition Corp. has agreed to merge with Dronamics Group Limited in a reverse merger valued at $500 million. The deal is expected to close in the first half of 2027 and will provide Dronamics with approximately $100 million in net cash proceeds.

“The signing of this business combination agreement represents an important milestone for Dronamics as we prepare for the next stage of our growth.”screwstreet.com

• 3 sources
• screwstreet.comGP-Act III Acquisition agrees to merge with Dronamics for $500 million (GPAT) · Screw StreetNov 4, 2026
• dronelife.comDronamics to Go Public on Nasdaq Through Merger - DRONELIFENov 4, 2026
• marketscreener.comDronamics Group Ltd. entered into a definitive business combination agreement to acquire GP-Act III Acquisition Corp. from GP-Act III Sponsor LLC, Andrew Fleiss, Alexandre Ruberti, Sergio Pedreiro and others for approximately $440 million in a reverse merger transaction. | MarketScreenerNov 4, 2026

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