GP-Act III Agrees to Merge With Dronamics for 40 Million Shares
Eligible Dronamics security holders would share a 40 million-share consideration pool. Closing is conditioned on at least $25 million in net cash.
GP-Act III Acquisition agreed to combine with Dronamics in a transaction that would make Dronamics a wholly owned subsidiary of the combined company. Eligible Dronamics security holders would share a 40 million-share consideration pool, and closing is conditioned on at least $25 million in net cash…