Emerging Smart Cities Technology Company, DarkPulse to Merge with Global System Dynamics/Zilla Acquisition in $145M Deal

DarkPulse, signed a definitive business combination agreement with Global System Dynamics, and GSD’s wholly owned merger subsidiary, Zilla Acquisition,, at an enterprise value of approximately $145 million.

If approved, Global System Dynamics is expected to liste on the Nasdaq under new ticker symbol DARK.

The target is an emerging company which utilizes advanced technologies, including patented dark-pulse BOTDA laser-based critical infrastructure monitoring systems, to create the foundational technology for the operation of smart cities.

The combined company will have an initial equity value of approximately $223 million.

Terms call for DarkPulse to receive up to approximately $121 million from the cash held in trust by GSD, assuming no redemptions.

The transaction is expected to close by the second quarter of 2023. GSD’s board received a written opinion as to whether the consideration to be paid by GSD in the merger is fair to GSD’s unaffiliated stockholders from a financial point of view, the SPAC said in a press release, without elaborating. Read more.

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