Eric Trump invests in Spaceeyes, agrees to $638 million SPAC listing

MKLY McKinley Acquisition Corp

$10.27 0.00%

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UMAC -2.15%

1. 1Defense-tech firm Spaceeyes has agreed to go public through a merger with SPAC McKinley Acquisition, at a combined enterprise value of $638 million
2. 2President Donald Trump's son Eric Trump recently became one of the three largest private shareholders and will join as a strategic advisor after the merger, with total proceeds expected to reach up to $251.7 million
3. 3With annualized revenue of roughly $1 million and assuming contract growth, the combined company is slated to trade on Nasdaq under the ticker CUAS following the close of the deal in Q4 2026

Source Reuters +1 · View original ↗

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