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York Space Systems To Acquire Solestial In Deal Paying Up To ~2.35M York Shares Plus Cash, With Restricted Stock Consideration; Expected To Close In Q2 2026
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On May 15, 2026, York Space Systems Inc., a Delaware corporation (the "Company"), entered into an Agreement and Plan of Reorganization (the "Merger Agreement") whereby the Company will acquire all of the issued and outstanding equity interests of Solestial, Inc. Pursuant to the Merger Agreement, upon the terms and subject to the conditions set forth therein, the Company expects to issue up to approximately 2.35 million in shares of the Company's common stock, par value $0.0001 per share (the "Company Shares") at closing as consideration, with the remainder of the purchase price to be paid in cash. The Company Shares are subject to restrictions on transfer under the Merger Agreement. The Company expects to close the transaction in the second quarter of 2026.

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