Proem Acquisition Corp I to acquire Astro Digital US, Inc.

Proem Acquisition Corp I has agreed to acquire Astro Digital US, Inc. in a strategic transaction. The deal, announced on 28 September 2026, values the equity of the target at 525 million US dollars. The consideration for this acquisition is structured entirely in shares. Both entities operate within the aerospace and defence sector. The buyer is incorporated in the Cayman Islands, while the target is based in the United States. This transaction represents a significant consolidation within the industry, with the acquirer taking full ownership of the target’s equity. The specific terms regarding the exchange ratio or share structure were not detailed in the available data. The deal is currently at the firm intention stage, indicating a strong commitment to proceed. No completion date has been reported, and the transaction remains subject to standard closing conditions. The parties have outlined their intent to finalize the merger of the two companies, creating a larger entity within the aerospace and defence landscape. The financial details confirm the equity value, providing a clear benchmark for the scale of the operation. Stakeholders are awaiting further updates on the regulatory and procedural steps required to close the deal.