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Corporate ActionMay 26, 2026, 11:53 PM

Disciplined Growth Acquisition Corp Prices $150M IPO

AI Summary

Disciplined Growth Acquisition Corporation announced the pricing of its initial public offering of 15,000,000 units at $10.00 per unit, raising $150 million. Each unit comprises one Class A ordinary share and one right to receive one-fourth of a Class A ordinary share upon business combination. The units are expected to begin trading on the NYSE under the symbol "DGACU" on May 27, 2026, with $10.05 per unit to be deposited into a trust account. Maxim Group LLC is the sole book-running manager, and the company has granted an over-allotment option for an additional 2,250,000 units.

Key Highlights

  • Disciplined Growth Acquisition Corporation priced its initial public offering of 15,000,000 units.
  • Each unit is priced at $10.00, totaling $150,000,000 for the offering.
  • Each unit consists of one Class A ordinary share and one right to receive one-fourth (1/4) of a Class A ordinary share.
  • $10.05 per unit will be deposited into a trust account.
  • Units are expected to list on NYSE under "DGACU" starting May 27, 2026.
  • The company granted the underwriter a 45-day option to purchase up to an additional 2,250,000 units.
  • Maxim Group LLC is acting as the sole book-running manager for the offering.