Deal snapshot: Sarcos Robotics to Merge with SPAC.

MANews-(C)2009-2021

US-based mobile industrial robotic systems developer Sarcos Robotics will become publicly listed through a merger transaction with special purpose acquisition company Rotor Acquisition Corp. (NYSE: ROT.U), the company said.

Upon closing, the combined company's common stock is expected to trade on NASDAQ under the ticker symbol STRC. The transaction represents...

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