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Proem Acquisition Corp I said the combined company is expected to trade on Nasdaq. The deal is expected to close in the first quarter of 2027 and could provide up to $180 million in gross proceeds.
The space-satellite maker and the SPAC said the deal values Astro Digital at about $587 million and includes up to $180 million in gross proceeds. The transaction is expected to close in the first quarter of 2027, subject to approvals and other conditions.