Ursa Major to Go Public in $2.3BN SPAC Deal With Inflection Point

Ursa Major to Go Public in $2.3BN SPAC Deal With Inflection Point

Aerospace and defense manufacturer Ursa Major has announced to go public through a business combination with Bleichroeder Acquisition Corp. III (Nasdaq: BCCQU), a special purpose acquisition company backed by Inflection Point Asset Management. Following the transaction, the combined company will be renamed Inflection Point Mach X Bleichroeder Corp. and is expected to trade on Nasdaq…

Berthoud-based Ursa Major going public

Ursa Major plans to go public through a merger with blank-check company Bleichroeder Acquisition Corp. III, with backing from Inflection Point Asset Management. The deal values the post-merger company at $2.3 billion. The deal is expected to be completed in the first quarter of 2027.