Mission Control Acquisition, a blank check company targeting the aerospace and defense services industries, filed on Thursday with the SEC to raise up to $100 million.
The Cape Canaveral, FL-based company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one half of a warrant, exercisable at $11.50. At the proposed deal size, Mission Control Acquisition would command a market value of $126 million.
Mission Control Acquisition is led by CEO and Director Kira Blackwell, a former executive within the Space Technology Mission Directorate at NASA, and Chairman Richard Ambrose, the President of Ambrose Advisors. The company plans to target businesses operating within the global space economy. This includes those focused on communications, earth observation, navigation, space tourism, and space exploration.
Mission Control Acquisition was founded in 2022 and plans to list on the NYSE under the symbol MISNU. EarlyBirdCapital and Exos Securities are the joint bookrunners on the deal.
