MDA Space is trading at $47.59 (6.5% up) today, rebounding after last week’s sharp drop tied to dilution concerns from its large CLS acquisition financing.

  • Investors appear to be stabilizing their view of the increased bought-deal equity offering used to fund the C$920 million purchase of a 70% stake in CLS.
  • The acquisition is designed to position the company for long-term growth within the Earth observation and data analytics sectors.