Roman DBDR Acquisition Corp. II (NASDAQ:DRDBU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DBDRU”, Thursday, December 12, 2024.
The new SPAC intends to focus its initial search on companies in the cybersecurity, artificial intelligence or financial technology industries..
The Company’s management team is led by Dixon Doll, Jr., its Chief Executive Officer and Chairman of the Board of Directors (the “Board”), John C. Small, its Chief Financial Officer, and Dr. Donald G. Basile, its Chief Technology Officer. The Board also includes James Nelson, James Nevels, Bryn Sherman and Michael Woods.
Total SPAC deal count for 2024 year-to-date is now 55. This offering is expected to close on Friday, December 13, 2024.
B. Riley Securities is acting as sole book-running manager for the offering. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Transfer & Trust Company is acting as trustee.
Terms Tracker for the Week Ending December 13, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. SPACs managed three more IPO pricings this week bringing the 2024 YTD count to 55 with $9.3 billion in total gross proceeds raised. However, December...
At the SPAC of Dawn As the sun sets on SEC Chair Gary Gensler’s term, so too is some of the conventional wisdom around SPACs that came to prominence immediately after the SPAC boom of 2020-2021. Aside from the fact that a large portion of the listed companies that emerged from that class are now...
Roman DBDR Acquisition Corp. II (NASDAQ:DRDBU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DBDRU”, Thursday, December 12, 2024. The new SPAC intends to focus its initial search on companies in the cybersecurity, artificial intelligence or financial technology industries.. The Company’s...
Mountain Lake Acquisition Corp. (NASDAQ:MLACU) announced the pricing of its upsized $210 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MLACU”, Friday, December 13, 2024. The new SPAC intends to combine with an established business of scale with a highly regarded management team without an initial focus...
At the SPAC of Dawn On Wall Street, it is always better to be early than late. And, this week the Street’s latest hot sector is one where SPACs got in ahead of the rush by a few years. Google’s (NASDAQ:GOOG) announcement of quantum computing advances lifted a raft of quantum computing firms, nearly half...