Astro Digital to go public via SPAC merger with Proem I at $587 million
Astro Digital will go public through a merger with SPAC Proem Acquisition Corp I, valuing the combined entity at about $587 million. The deal highlights ongoing SPAC activity as space-tech firms seek public markets, though closing terms and timing were not disclosed. The transaction underscores investor appetite for aerospace infrastructure players and provides a near-term catalyst for PAAC and related SPACs.
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