SPAC combinationAug 25, 2026Pending
🇺🇸 United States
UMUrsa Major Technologies, Inc.BABleichroeder Acquisition Corp. III
Industrials › Aerospace & Defense
Equity value$1.6BEquity value
AnnouncedAug 25, 2026
ConsiderationStock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Ursa Major Technologies agreed to combine with SPAC Bleichroeder Acquisition Corp. III (to be renamed Inflection Point Mach X Bleichroeder) at a pre-money equity valuation of approximately $1.6 billion. The deal is supported by at least $350 million of PIPE commitments.
Deal rationale
The transaction takes Ursa Major public and provides capital to scale production of hypersonics and solid rocket motors for the U.S. defense industrial base.
AI-generated from the SEC filingPendingIndustrials › Aerospace & DefenseUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $1.6B | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Stock |
Advisors
Buy-side
CFCantor Fitzgerald
Sell-side
MMoelis & Company
Parties
Target
UMUrsa Major Technologies, Inc.
- Headquarters
- United States
- Ticker
- —
Acquirer
BABleichroeder Acquisition Corp. III
- Headquarters
- United States
- Ticker
- —