Drugs Made In America Acquisition Corp. — Form 8-K
Filed September 14, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 92/100
What the filing says
Drugs Made In America Acquisition Corp. (DMAA, a $234.6M public SPAC) has executed an amended merger agreement to acquire Power Analytics Global Corp. (PAGC), a private AI/analytics company, for a fixed Closing Valuation of US$2,850,000,000 in Domesticated DMAA Common Shares (not exceeding 265,116,279 shares at Reference Price ≥US$10.75). The merger includes PAGC's pending acquisition of APQC Inc. and UltraSolar IP. Closing conditions include completion of the APQC acquisition by December 31, 2026, delivery of a fairness opinion, minimum available closing cash of US$15,000,000, and satisfaction of Nasdaq listing requirements. The deal involves affiliated parties (BV Advisory Partners, LLC holds ≥40% sponsor economics and common principal ownership with PAGC). Outside date for closing is April 29, 2027.
Why this rating
Acquisition valued at 12.2× DMAA's public market value ($2.85B ÷ $234.6M). Transforms SPAC from shell into operating AI/analytics business. Material execution risk; fairness opinion and cash condition critical to completion.
Price action (we called it positive)
at our read pending | +10 min pending | +30 min pending | +1 hr pending | +4 hrs pending |
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from September 14, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.