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Terran Orbital

🧟 Zombie
DiversifiedSPAC Year: 2021Merged: 2024

Trust Size

$189M

What Happened

Terran Orbital Corp filed its S-1 registration in 2021 and completed its business combination in 2024. The company continues to trade at significantly depressed levels with 538 SEC filings on record.

Terran Orbital Corp entered the SPAC market in 2021 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.

The company filed a definitive proxy statement (DEFM14A) ahead of its merger vote, completing its de-SPAC transaction in 2024.

SEC records show 538 total filings, including annual (10-K) and quarterly (10-Q) financial reports.

As of the latest available data, the company continues to file with the SEC but filing activity has slowed significantly — fitting the pattern of a "zombie SPAC" that technically exists but has failed to deliver meaningful returns to shareholders.

The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.

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Timeline

2021-02-25

S-1 Registration Filed

2024-10-04

Merger Proxy Filed (DEFM14A)

2025-02-13

Last SEC Filing

SEC Filing Details

CIK Number

1835512

Total SEC Filings

538

State of Incorporation

DE

Last Filing Date

2025-02-13

Business Location

New York, NY

Trust/Asset Size

$189M

Data sourced from SEC EDGAR Company Facts API and EFTS search index.

📄 SEC Filings

View all EDGAR filings for Terran Orbital

View on SEC.gov →
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