ASDN - Astro Aerospace sponsors Parsec Capital Acquisition IPO

Astro Aerospace (OTCQB:ASDN +10.4%) sponsors SPAC, Parsec Capital Acquisition initial public offering. Parsec is the first SPAC sponsored by ASDN as a part of its strategy to capitalize on management’s differentiated ability to source and acquire businesses positioned for growth. Parsec closes its upsized initial public offering of 8.625M units at a price of $10.00 per unit. Parsec is led by President and CEO Patricia Trompeter, a veteran business leader with extensive experience in mergers and acquisitions ($20B+), and over 18 years of executive leadership at top tier companies such as GE Capital. "We are excited to offer a SPAC as a new vehicle to add value for our shareholders. Astro’s sponsorship exemplifies our belief in the continued growth of our industry and the industries adjacent to it.” said Chairman Bruce Bent.

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Astro Aerospace sponsors Parsec Capital Acquisition IPO