Spartacus Acquisition Corporation (TMTS) to Combine with NextNav in $897M Deal

Spartacus (NASDAQ:TMTS) has entered into a definitive agreement to combine with GPS mapping company NextNav at an enterprise value of $897 million, or 11.6x its 2023E revenue. California-based NextNav provides next-generation location data for a variety of industries including public safety, mobile apps and real estate. The combined company is expected to trade under the
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