NextNav Inc

:TMTS   3:59:50 PM EDT
7.06
-0.59 (-7.71%)
Debt Financing / Related, Mergers / Acquisitions

Nextnav To Combine With Spartacus Acquisition Corp

Published: 06/10/2021 05:38 GMT
(TMTS) - Nextnav, a Leader in Next Generation Gps, to Combine With Spartacus Acquisition Corporation Resulting in Nextnav Becoming a Public Company.
Spartacus- Combined Comapny's Enterprise Value of $900 Million, Equity Value of $1.2 Billion, Transaction Includes $205 Million Common Stock Pipe at $10per Share.
Spartacus - Post-close Combined Company Will Be Named Nextnav Inc With Common Stock, Warrants Listed on Nasdaq Under Ticker Symbols "nn" and "nnw".