Ursa Major targets public listing through $2.3bn SPAC deal

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Defence and aerospace company Ursa Major has agreed to become a publicly traded company through a merger with special purpose acquisition company (SPAC) Bleichroeder Acquisition Corp. III. (Bleichroeder).
Classification
Analytical Domain
Strategic
Primary Category
Political-Military
SALUTE Report
Activity
Ursa Major has agreed to become a publicly traded company through a merger with Bleichroeder Acquisition Corp. III.
Location
Unit
Ursa Major, Bleichroeder Acquisition Corp. III
Equipment
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Summary

Ursa Major, a defense and aerospace company, has agreed to merge with Bleichroeder Acquisition Corp. III to become a publicly traded entity. This merger is valued at $2.3 billion and signifies a significant move in the defense sector.

Key Facts
  • Ursa Major is a defense and aerospace company.
  • Ursa Major is merging with Bleichroeder Acquisition Corp. III.
  • The merger aims to make Ursa Major a publicly traded company.
  • The deal is valued at $2.3 billion.