GP-Act III agrees to combine with Dronamics

• Dronamics agreed to combine with GP-Act III Acquisition at a USD 400 million fully diluted pre-money equity valuation.
• The deal implies approximately USD 500 million in pro forma enterprise value; existing Dronamics shareholders are expected to roll over 100% of equity.
• Targeted net proceeds total approximately USD 100 million from PIPE financing and trust cash, subject to shareholder redemptions and PIPE commitments.
• Closing is expected in the first half of 2027, subject to shareholder approval, other conditions and minimum net cash of USD 25 million.
• The combined company expects a Nasdaq listing, with proceeds supporting Black Swan aircraft production, commercial operations and expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gp-Act III Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-115722), on November 04, 2026, and is solely responsible for the information contained therein.