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
- Planet Labs issuer
Key terms
- Structure
- SPAC business combination; c.$590m gross proceeds incl. $252m private placement
Sources
- 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.