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ClosedPublished 29 May 2026

Matternet, Inc. /
Legacy Matternet

Matternet completes merger with Legacy Matternet

Buy side: Matternet, Inc.
Buy sideMatternet, Inc.
Target: Legacy Matternet
TargetLegacy Matternet
Matternet, Inc. · 29 May 2026Source
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Follow Matternet, Inc. Follow Legacy Matternet
Buy side: Matternet, Inc.
Buy sideMatternet, Inc.
Target: Legacy Matternet
TargetLegacy Matternet
01 / BuyerMatternet, Inc.
02 / TargetLegacy Matternet
Source for the buyer and target: Matternet, Inc.

For the buyer and target.

“On May 22, 2026 (the “ Closing Date ”), Matternet, Inc., a private Delaware corporation (“ Legacy Matternet ”), Los Altos Ventures Corp. (“ LAVC ”) and Matternet Acquisition Co., a Delaware corporation and wholly owned subsidiary of LAVC (“ Acquisition Sub ”), consummated the closing of the transactions contemplated by the Agreement and Plan of Merger and Reorganization, dated May 22, 2026, by and among Legacy Matternet, LAVC and Acquisition Sub (the “ Merger Agreement ”).”

Published 29 May 2026

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01

What happened

Matternet has acquired the business of Legacy Matternet, a developer of commercial drone delivery systems, through a merger that followed a private placement of common stock. Legacy Matternet is now a wholly owned subsidiary, and the combined company continues as a public reporting company. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Matternet, Inc.

Matternet completes merger with Legacy Matternet

This document is the source for the companies, stage and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by Matternet, Inc.

    The source this page is built from.

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Deal Web

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Deal Web · 2 firms · 0 peopleHover a name to see how it connects
This dealMatternet, Inc. / Legacy MatternetClosed · Published 29 May 2026
BuyerMatternet, Inc.TargetLegacy Matternet
This dealMatternet, Inc. / Legacy Matternet

Closed · Matternet, Inc. acquired Legacy Matternet (Closed, published 29 May 2026).

Published 29 May 2026
Timeline
  1. Published by Matternet, Inc.
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Deal Web as a list
  • Matternet, Inc. (Buyer) acquired this deal. Matternet, Inc.: 1 deal on Carrywatch.
  • Legacy Matternet (Target) target this deal. Legacy Matternet: 1 deal on Carrywatch.