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Completed acquisition · SEC Form 8-K, Item 2.01

Legacy Matternet acquired by Matternet, Inc.

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From Matternet, Inc.'s Form 8-K of 2026-05-29, quoted and linked below.

Legacy Matternet was acquired by Matternet, Inc., according to the Form 8-K Matternet, Inc. filed with the SEC. The filing states a price of $27.6 million. It is the only completed acquisition Matternet, Inc. reported under Item 2.01 in the last twelve months (Form 8-K, May 29, 2026).

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Matternet, Inc. completed its acquisition of Legacy Matternet, according to the Form 8-K Matternet, Inc. filed with the SEC on 2026-05-29. The filing states a price of $27.6 million.

AcquirerMatternet, Inc.
AcquiredLegacy Matternet
Price stated in the filing$27.6 million
Reported byMatternet, Inc., the buyer
FilingForm 8-K, filed 2026-05-29

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What the filing says

As a result of the Merger, we acquired the business of Legacy Matternet, which is a leading developer of commercial drone delivery systems for urban and suburban environments.

How much did Matternet, Inc. pay for Legacy Matternet?

The aggregate gross proceeds from the Private Placement were $27.6 million, before deducting Placement Agent fees and other expenses payable by us of approximately $6.9 million.

More from the filing

Merger Agreement On the Closing Date, LAVC, Acquisition Sub and Legacy Matternet entered into the Merger Agreement.
Pursuant to the terms of the Merger Agreement, on the Closing Date, Acquisition Sub merged with and into Legacy Matternet, with Legacy Matternet (renamed Matternet Operations, Inc.) continuing as the surviving corporation and as our wholly owned subsidiary.
Legacy Matternet develops drone aircraft, ground infrastructure, and software for autonomous aerial logistics.

Quoted from Matternet, Inc.'s Form 8-K.

This is the only completed acquisition Matternet, Inc. reported under Item 2.01 in the last twelve months.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.

Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.

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Cite this page

Permanent URL: https://mentionfox.com/acquisitions/matternet-legacy-matternet-2026-05-29
Last updated 2026-11-06
Primary record: SEC filing
Legacy Matternet acquired by Matternet, Inc. for $27.6 million: completed 2026-05-29. MentionFox, 2026-11-06. https://mentionfox.com/acquisitions/matternet-legacy-matternet-2026-05-29