Announced
Financials
Tags
transportation company
Italy
Friendly
Acquisition
Cross Border
aerospace and defense
Majority
Transportation Services
De-SPAC
Reverse Takeover
Single Bidder
Private
Merger
Failed
Synopsis
D-Orbit, a developer of a decommissioning device, terminated the deal to go public via a SPAC merger with Breeze Holdings Acquisition in a $1.28bn deal. "Despite market conditions that were beyond our control and the subsequent need to terminate our agreement with Breeze, we remain incredibly confident about D-Orbit's business and continued growth," Luca Rossettini, D-Orbit CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.