Corporate ActionJun 3, 2026, 05:01 PM
Disciplined Growth Acquisition Corp. Completes $153.45M IPO and Private Placement
AI Summary
Disciplined Growth Acquisition Corporation (DGAC) announced the consummation of its initial public offering (IPO) of 15,000,000 units at $10.00 per unit, generating gross proceeds of $150,000,000. Simultaneously, the company completed a private placement of 345,000 units at the same price, raising an additional $3,450,000. A total of $150,750,000 from these offerings has been placed in a U.S.-based trust account. The filing includes an audited balance sheet as of May 28, 2026, reflecting these transactions.
Key Highlights
- Disciplined Growth Acquisition Corp. consummated its initial public offering (IPO) of 15,000,000 units at $10.00 per unit, raising $150,000,000.
- The company also completed a private placement of 345,000 units at $10.00 per unit, generating $3,450,000 in gross proceeds.
- A total of $150,750,000 from the IPO and private placement proceeds was placed in a U.S.-based trust account.
- The IPO included an underwriters' option to purchase an additional 2,250,000 units to cover over-allotments.
- The company's audited balance sheet as of May 28, 2026, reflects the proceeds from the IPO and private placement.
Price Impact
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