Laser Firm Mynaric Said to Draw Peter Thiel, ARK to U.S. Listing [Business News Network (BNN) (Canada)]
Mynaric AG (MYNA)
Company Research
Source: Business News Network
PayPal Holdings Inc. co-founder Thiel and Wood's ARK Space Exploration & Innovation ETF have spent about $5 million each on Mynaric's American depositary shares, which are expected to start trading on Nasdaq Friday, the people said, asking not to be identified discussing confidential information. German entrepreneur and existing Mynaric investor Christian Angermayer, and Tinder LLC co-founder Justin Mateen, also acquired shares in the sale, the people said. Representatives for Angermayer and Thiel confirmed the investments, while Wood and Mateen weren't immediately available for comment. A spokesperson for Mynaric declined to comment. Germany-listed Mynaric priced 4 million American depositary shares at $16.50 each, with every four of these representing one ordinary share in the company. The final pricing represented a 3% discount to its Thursday closing price in Frankfurt. Proceeds will be used to increase production and develop technologies. Mynaric shares have fallen 11% t
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MYNA
News
- Mynaric Selected by Rocket Lab for Space Development Agency's Tranche 2 Transport Layer - Beta Program Accesswire
- Rocket Lab Selects Subcontractors to Support SDA Satellite Constellation Development [Yahoo! Finance]Yahoo! Finance
- Volume Production Begins for Mynaric's Flagship Space Laser Terminal - CONDOR Mk3PR Newswire
- Volume Production Begins for Mynaric's Flagship Space Laser Terminal - CONDOR Mk3 [Yahoo! Finance]Yahoo! Finance
- Volume Production Begins for Mynaric’s Flagship Space Laser Terminal - CONDOR Mk3Accesswire
MYNA
Sec Filings
- 5/7/24 - Form 6-K
- 4/30/24 - Form NT
- 4/3/24 - Form 6-K
- MYNA's page on the SEC website