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SPAC merger · Completed · 7 Dec 2021

Planet SPAC merger with dMY Technology Group IV

Company
Planet Labs
Type
SPAC merger
Status
Completed
Date
7 Dec 2021
Value
US$590m
Value basis
SPAC business combination; c.$590m gross proceeds incl. $252m private placement
Region
US
Segment
Listed equity

Parties

Key terms

Structure
SPAC business combination; c.$590m gross proceeds incl. $252m private placement

Sources

  1. Planet Form 8-K exhibit 99.1 sec.gov · 13 Dec 2021

Record ORB-INV-2021-0027. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
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