# NioCorp and GX Acquisition Corp. II announce proposed merger

NioCorp Developments Ltd. and GX Acquisition Corp. II have entered into a definitive agreement for a proposed business combination, with executives discussing the merger in a video released on October 7, 2022.

- Type: Acquisition
- Announced: 2022-10-07
- Where: United States
- Status: announced
- Products: niobium, scandium, titanium, rare earths
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [NioCorp Developments](https://endata.com/companies/16065.md) (target)
- [GX Acquisition Corp. II](https://endata.com/companies/65542.md) (acquirer)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/niocorp-and-gxii-executives-speak-to-proposed-merger-and-answer-investor-questions-in-new-video-843174995.html), 2022-10-07: "In a new video released today, Mark A. Smith, CEO and Executive Chairman of NioCorp Developments Ltd. and Dean Kehler, CEO and Co-Chairman of GX Acquisition Corp. II, discuss the recently announced definitive agreement for a proposed business combination."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.