.
MergerLinks Header Logo

New Deal


Announced

ScanTech to go public via a SPAC merger with Mars Acquisition in a $149m deal.

Financials

Edit Data
Transaction Value£118m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

screening technology

computed tomography

Security Equipment

Acquisition

Domestic

baggage and cargo

Majority

Merger

Private Equity

Pending

Single Bidder

De-SPAC

Private

Reverse Takeover

Friendly

Synopsis

Edit

ScanTech, an innovator of next-generation 'fixed-gantry' computed tomography screening systems, agreed to go public via a SPAC merger with Mars Acquisition, a publicly traded special purpose acquisition company, in a $149m deal. "This merger with ScanTech represents an opportunity to bring a leading-edge security scanning technology company to the public market. We are confident that this partnership will enhance ScanTech's capabilities and position it for sustainable growth," Karl Brenza, Mars CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US