Mergers & AcquisitionsMedium•4 November 2026•
1 min read
GP-Act III Acquisition to Merge with Dronamics for Nasdaq Listing
Key Facts
1GP-Act III Acquisition Corp. entered into a definitive business combination agreement with Dronamics, a long-range cargo drone developer.
GP-Act III Acquisition Corp. entered into a definitive business combination agreement with Dronamics, a developer of long-range cargo drones. Benzinga reported that the transaction aims to list Dronamics on the Nasdaq via a SPAC merger, with the deal and associated financing targeted to provide approximately $100 million in net cash proceeds at closing.
GP-Act III Acquisition Corp. (GPAT) closed at $11.09 on November 3, 2026. The agreement follows 12 years of development by Dronamics on its large drone platform, which is supported by a European Union drone airline license, and the transaction is expected to close in the first half of 2027 subject to shareholder and regulatory approvals.