Brief: Bridger Aerospace To Go Public Through Combination With Jack Creek

Bridger Aerospace group

04/08/2022 12:40

Aug 4 (Reuters) - Jack Creek Investment Corp.  JCIC.O :
    * BRIDGER AEROSPACE, A LEADING PROVIDER OF AERIAL
FIREFIGHTING
SERVICES, TO BECOME A PUBLIC COMPANY THROUGH BUSINESS
COMBINATION WITH JACK CREEK INVESTMENT CORP.
    * JACK CREEK INVESTMENT CORP.- TRANSACTION VALUES BRIDGER AT
$869
MILLION ON A PRO FORMA ENTERPRISE VALUE
    * JACK CREEK INVESTMENT CORP.- UPON COMPLETION OF PROPOSED
COMBINATION, COMBINED COMPANY WILL BE NAMED BRIDGER AEROSPACE
GROUP HOLDINGS, INC.
    * JACK CREEK INVESTMENT CORP.- COMBINED CO IS EXPECTED TO
LIST ON
NASDAQ CAPITAL MARKET UNDER TICKER SYMBOL "BAER."
    * JACK CREEK INVESTMENT CORP.-  TIM SHEEHY WILL CONTINUE TO
LEAD
BRIDGER AS CHIEF EXECUTIVE OFFICER
    * JACK CREEK INVESTMENT CORP.- TRANSACTION, IS EXPECTED TO
DELIVER
UP TO APPROXIMATELY $345 MILLION OF CASH TO BRIDGER'S BALANCE
SHEET
    * JACK CREEK INVESTMENT CORP.- TRANSACTION HAS NO MINIMUM
CASH
REQUIREMENT OR PIPE NEEDED TO CLOSE

Source text for Eikon:  ID:nGNX4jcwM1 
Further company coverage:  JCIC.O 

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