Conyers is acting as Cayman Islands legal counsel to Inflection Point Acquisition Corp. VI (Nasdaq: IPFX) on its entry into a US$1.2 billion business combination agreement with Quantum Space, LLC (“Quantum”), which will result in the combined company becoming a publicly traded company on NASDAQ upon completion of the business combination (subject to closing conditions).

Quantum is building the next generation of advanced maneuverable spacecraft for national security, civil and commercial space operations. This transaction creates a pure-play national security space company and accelerates production of Ranger, a maneuver-first spacecraft platform purpose-built for multi-orbit operations.

The proposed business combination values Quantum at a pre-money equity value of US$600 million and is expected to have an equity value of approximately $1.2 billion upon closing of the transaction.

The Conyers team is led by mergers and acquisitions Partners Alex Davies and Matthew Harkness, Senior Associate Mauricio Da Rocha and Associate Daniel Cannon.

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