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Space startup iRocket to go public via $400 million SPAC deal
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Reusable rocket developer Innovative Rocket Technologies, commonly known as iRocket, will go public in the US through a $400 million merger with special purpose acquisition company BPGC Acquisition, the companies said on Wednesday.
SPAC deals, which took a backseat following a boom in 2020-2021, have seen a resurgence this year as macroeconomic uncertainties led by President Donald Trump’s tariff policies continue to temper dealmaking.
Crypto firm Bitcoin Standard Treasury Company, with over 30,000 bitcoin on its balance sheet, said it was aiming to…
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