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NMP to combine with GTS in $400 million SPAC business deal

NMP entered a Business Combination Agreement to merge with GTS in a transaction implying $400 million enterprise value, creating Pubco. Consideration includes Pubco Class A and high-vote Class B shares and $75 million of Series A preferred.

NMP

NMP Acquisition entered into a Business Combination Agreement to merge with GTS in a transaction that implies a $400 million enterprise value and would create Pubco as the publicly traded parent. Consideration includes Pubco Class A and high-vote Class B shares, along with $75 million of Series A preferred.