Dronamics to Go Public on Nasdaq Through Merger

T2Covered by 1 source · first reported by DroneDJ / DroneLife / sUAS News / DroneXL at 04 Nov, 15:00 UTC

The business combination values the cargo drone developer at $400 million before new money. Dronamics plans to use the proceeds to scale Black Swan production and launch U.S. operations. Dronamics Group Limited and GP-Act III Acquisition Corp. (Nasdaq: GPAT), a publicly traded special purpose…