Successfully merged with SatixFy Communications Ltd. • Now trading as SATX
SPAC Overview
$200M
IPO Size
Completed
Current Status
2021
IPO Year
Timeline Progress
- Registration2021-08-26 Filed S1
- IPO2021-09-16 IPO, search begins
- Definitive Agreement2022-03-08 Agreement for merger
- Completed2022-11-07 Merger Completed
Investment Focus
Aerospace, Telecommunications, IoT, Artificial Intelligence
SPAC Team
Sponsors
Leadership
Underwriters
Stock Performance
SATX
Trading Symbol
First Trade
October 31, 2022
$19.75
At Merger
November 8, 2022
$9.61
-51%
6 Months Post-Merger
May 10, 2023
$0.40
-96%
1 Year Post-Merger
November 8, 2023
$0.41
-96%
2 Years Post-Merger
November 7, 2024
$0.87
-91%
Current Price
May 30, 2025
$2.91
-85%
Key Information
September 16, 2021
November 7, 2022
SatixFy Communications Ltd.
EDNCU
SATX