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Proem Acquisition Corp. I
Proem Acquisition Corp. I has filed a Form 425 in accordance with Rule 425 of the Securities Act regarding a business combination. This filing serves as a regulatory compliance report to facilitate the merger process.…more
Proem Acquisition Corp. I
Proem Acquisition Corp. I has filed a merger-related disclosure pursuant to Rule 425 of the Securities Act and Rule 14a-12 of the Securities Exchange Act. This filing serves as a regulatory compliance report regarding the company's ongoing merger process.…more
Proem Acquisition Corp. I
Proem Acquisition Corp. I has announced a definitive business combination agreement with Astro Digital. The transaction includes a $50 million PIPE financing, with $25 million committed by Proem Asset Management. Astro Digital, which provides satellite manufacturing and operations infrastructure, is targeting $50 million in revenue for 2025 while maintaining profitability.…more
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Astro Digital to Go Public via SPAC Merger with Proem Acquisition
Satellite manufacturer Astro Digital has entered a definitive agreement to merge with SPAC Proem Acquisition at a pro forma enterprise value of $587 million. The transaction is expected to close in the first quarter of 2027, resulting in a Nasdaq listing for the combined entity.…more