Mergers & AcquisitionsMedium•4 November 2026•
1 min read
Dronamics to List on Nasdaq via $500M SPAC Merger
Key Facts
1Bulgarian drone maker Dronamics agreed to merge with GP-Act III Acquisition Corp to go public on Nasdaq.
2The deal values the combined company at approximately $500 million and is expected to close in H1 2027.
Bulgarian drone manufacturer Dronamics agreed to merge with GP-Act III Acquisition Corp to go public on the Nasdaq stock exchange. IntelliNews reported that the deal values the combined company at approximately $500 million and is expected to close in the first half of 2027.
GP-Act III Acquisition Corp, trading under the ticker GPAT, closed at $11.09 on November 3, 2026. Dronamics intends to use the merger proceeds to expand production of its Black Swan cargo drones and accelerate its global commercial operations.