Parabellum Acquisition Corp. (PRBM) to Combine with EnOcean in $167M Deal

Nov 14, 2022 Deal Announcements & Amendments, Headline Post, INTEL by Nicholas Alan Clayton

Parabellum (NYSE:PRBM) has entered into a definitive agreement to combine with internet of things (IoT) device-maker EnOcean at an enterprise value of $166.9 million. Oberhaching, Germany-based EnOcean makes low-power IoT devices for smart buildings and offices. The combined company is expected to trade on the NYSE under the symbol “SIOT” once the deal is completed
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Parabellum Acquisition Corp. (PRBM) to Combine with EnOcean in $167M Deal

Parabellum Acquisition Corp. (PRBM) to Combine with EnOcean in $167M Deal

ByNicholas Alan Clayton