BRIEF-Blacksky To List On NYSE Through A Merger With Osprey Technology Acquisition

Reuters
2021-02-18

Feb 18 (Reuters) - Osprey Technology Acquisition Corp

:

* BLACKSKY, A LEADING REAL-TIME GEOSPATIAL INTELLIGENCE, IMAGERY AND DATA ANALYTICS COMPANY, TO LIST ON NYSE THROUGH A MERGER WITH OSPREY TECHNOLOGY ACQUISITION CORP.

* OSPREY TECHNOLOGY ACQUISITION CORP - BUSINESS COMBINATION AGREEMENT IS EXPECTED TO PROVIDE APPROXIMATELY $450 MILLION OF NET PROCEEDS TO COMBINED COMPANY

* OSPREY TECHNOLOGY ACQUISITION CORP - PRO FORMA EQUITY VALUE OF MERGER IS EXPECTED TO BE NEARLY $1.5 BILLION AT $10.00 PER SHARE PIPE PRICE

* OSPREY TECHNOLOGY ACQUISITION CORP - OSPREY'S SPONSOR AND ITS AFFILIATES ARE INVESTING OVER $20 MILLION IN PIPE

* OSPREY TECHNOLOGY ACQUISITION CORP - ANTICIPATED THAT POST-CLOSING COMPANY, BLACKSKY WILL BE LISTED ON NYSE WITH TICKER SYMBOL "BKSY"

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((Reuters.Briefs@thomsonreuters.com;))

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