Quarterly ResultJul 10, 2026, 05:07 PM
Disciplined Growth Acquisition Corp Reports Q1 Net Loss of $81,546
AI Summary
Disciplined Growth Acquisition Corp (DGAC), a blank check company, filed its first quarterly report (10-Q) for the period from its inception on January 19, 2026, through March 31, 2026. The company reported a net loss of $81,546 and a shareholder's deficit of $56,546, with total assets of $37,500 and no cash. The report details the consummation of its Initial Public Offering on May 28, 2026, which raised $150 million, and the partial exercise of its over-allotment option, resulting in $158.29 million being placed into a Trust Account.
Key Highlights
- Reported net loss of $81,546 for the period from inception to March 31, 2026.
- Shareholder's deficit reached $56,546 as of March 31, 2026.
- Total assets were $37,500 with $0 cash as of March 31, 2026.
- Initial Public Offering on May 28, 2026, raised $150 million.
- Over-allotment option partially exercised, adding $7.5 million to IPO proceeds.
- A total of $158.29 million was deposited into the Trust Account.
- Basic and diluted net loss per Class B Ordinary Share was $0.02.
- Company has until August 28, 2027, to complete a Business Combination.
Price Impact
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