Quarterly ResultMay 14, 2026, 06:09 AM
DBCA Q1 2026 Net Income $1.25M; Trust Account $288.87M
AI Summary
D. Boral Acquisition I Corp. (DBCA) filed its 10-Q for the quarter ended March 31, 2026, reporting a net income of $1,247,160. The blank check company consummated its Initial Public Offering on February 12, 2026, generating gross proceeds of $287,500,000, which are held in a Trust Account. As of March 31, 2026, the Trust Account balance stood at $288,873,487, reflecting interest income earned.
Key Highlights
- Net income for the three months ended March 31, 2026, was $1,247,160.
- Cash held in Trust Account as of March 31, 2026, was $288,873,487.
- Total Assets as of March 31, 2026, were $289,665,641.
- Total Liabilities as of March 31, 2026, were $57,200.
- Gross proceeds from the Initial Public Offering were $287,500,000.
- Gross proceeds from the private placement were $2,000,000.
- Total transaction costs for the IPO amounted to $6,027,544.
- Basic and diluted net income per share for Redeemable Class A ordinary shares was $0.04.