Announced
Financials
Tags
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
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.
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