University of Wyoming-backed Momentus is set to merge with SPAC Stable Road Acquisition in a deal that values the space infrastructure company at $1.2bn.

Momentus, a US-based space infrastructure company backed by University of Wyoming Foundation, is set to undertake a reverse merger with Nasdaq-listed special purpose acquisition company Stable Road Acquisition. The business is expected to be valued at approximately $1.2bn and will trade under the ticker symbol MNTS. The transaction remains subject to customary closing conditions and…

The rest of this content is only accessible to Global University Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.