BT Brands Terminates Merger Agreement with Aero Velocity; Aero Velocity Partners with AC Future
September 3, 2025
BT Brands (Nasdaq: BTBD) and Aero Velocity entered into a definitive all-stock merger agreement in September 2025, but BT Brands later terminated the merger agreement due to the SEC registration-statement timing requirement expiring in April 2026. Separately, Aero Velocity entered into a strategic partnership with AC Future to jointly develop a Mobile Drone Launch Vehicle platform for U.S. military and public-sector applications.
- Buyers
- BT Brands, Inc., Aero Velocity Inc., AC Future, Inc.
- Targets
- Aero Velocity Inc.
- Industry
- Cybersecurity
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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