Sarcos Robotics to merge with Rotor Acquisition Corp.

Sarcos Robotics announced a merger with SPAC Rotor Acquisition Corp. to become publicly listed, with an enterprise value of $1.3 billion and up to $496 million in proceeds. The combined company will be named Sarcos Technologies and Robotics Corporation and trade on Nasdaq under STRC.

“Sarcos Robotics today announced that it will become publicly listed through a merger transaction with Rotor Acquisition Corp.”sec.gov

• 3 sources
• sec.govApr 6, 2021
• robotics247.comSarcos Robotics to Merge With SPAC Rotor Acquisition as It Commercializes Exoskeleton - Robotics 24/7Robotics 24/7 StaffApr 6, 2021
• citybiz.coSarcos Robotics to Merge with Rotor Acquisition Corp. | citybizApr 6, 2021

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