Airbus Ventures-backed space launch services provider Astra will get a listing on the Nasdaq Capital Market through the deal.
Astra, the US-based orbital launch services provider backed by aerospace manufacturer Airbus, agreed yesterday to a reverse merger with special purpose acquisition company Holicity set to value the combined company at $2.1bn.
Holicity floated on the Nasdaq Capital Market in a $275m initial public offering in August 2020 and Astra will take over its spot on the market and get access to $300m in capital held in trust.
The transaction will be supported by a $200m private investment in…
