SatixFy Communications
Closed (deSPAC)Profile in progress
- What it is
- A private company preparing to list via a SPAC merger. Full profile in progress.
- What it’s doing now
- Merging with Endurance Acquisition Corp. (EDNC) — closed (despac).
- What you should know
- The deal carries a $100M minimum-cash condition — heavy redemptions can break it.
What the company says about itself
Web research — not audited[WEB-INTEL 2026-08-26] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "MDA agreed to acquire SatixFy in an all-cash transaction for US$2.10 (without interest) per ordinary share" [https://mda-en.investorroom.com/2025-05-20-MDA-Space-and-SatixFy-Announce-Amended-Merger-Agreement-for-Increased-Consideration-and-Postponement-of-Shareholder-Meeting] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "MDA agreed to acquire SatixFy in an all-cash transaction for US$2.10 (without interest) per ordinary share" [https://www.prnewswire.com/news-releases/mda-space-and-satixfy-announce-amended-merger-agreement-for-increased-consideration-and-postponement-of-shareholder-meeting-302460592.html]
Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.
The deal it’s entering
SatixFy Communications is merging with Endurance Acquisition Corp. (EDNC) currently marked Closed (deSPAC).
| Headline equity value | — |
| Minimum cash to close | $100M |
Structure per SEC accession(s) 0001104659-22-104506. How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
Common questions
Is SatixFy Communications going public?
SatixFy Communications has an approved merger with the SPAC Endurance Acquisition Corp. (EDNC). Deal status: Closed (deSPAC).
Does SatixFy Communications have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.