D. Boral Acquisition I Corp. Announces Closing of $287,500,000 Initial Public Offering, Including Full Exercise of Underwriters’ Over-Allotment Option
D. Boral Acquisition I Corp (DBCAU) closed its initial public offering of 28,750,000 units at $10.00 per unit, including full exercise of a 3,750,000-unit over-allotment, for total gross proceeds of $287,500,000.
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Rhea-AI Summary
D. Boral Acquisition I Corp (DBCAU) closed its initial public offering of 28,750,000 units at $10.00 per unit, including full exercise of a 3,750,000-unit over-allotment, for total gross proceeds of $287,500,000.
Each unit contains one Class A ordinary share and one-half warrant; each whole warrant is exercisable at $11.50. Units began trading on Nasdaq Global Market under DBCAU on February 11, 2026. Proceeds will be used to pursue a business combination.
Positive
- Gross proceeds of $287,500,000 from the offering
- Full exercise of 3,750,000 over-allotment units
- Units commenced trading on Nasdaq under DBCAU (Feb 11, 2026)
Negative
- Up to 28,750,000 warrants create potential future dilution if exercised at $11.50
- Proceeds are earmarked to pursue a business combination but no target disclosed
Details
News Market Reaction – DBCAU
On Feb 13, the first trading day after this news, DBCAU closed 0.10% above the previous close.
Data tracked by StockTitan Argus for the Feb 13 session.
Key Figures
- Units Offered
- 28,750,000 units
- Total units in initial public offering
- Over-allotment Units
- 3,750,000 units
- Units issued via full exercise of underwriters’ over-allotment option
- Unit Price
- $10.00 per unit
- IPO pricing
- Gross Proceeds
- $287,500,000
- Total gross proceeds from IPO
- Warrant Exercise Price
- $11.50 per share
- Exercise price for each whole redeemable public warrant
- Unit Composition
- 1 share + 1/2 warrant
- Each unit: one Class A share and one-half of one redeemable public warrant
- Nasdaq Listing Date
- February 11, 2026
- DBCAU units began trading on Nasdaq Global Market
- Form S-1 Effective Date
- January 30, 2026
- Registration statement on Form S-1 declared effective by SEC
Key Terms
over-allotment option financial
redeemable public warrant financial
prospectus regulatory
registration statement on Form S-1 regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
New York, NY, Feb. 12, 2026 (GLOBE NEWSWIRE) -- D. Boral Acquisition I Corp. (the “Company”) today announced the closing of its initial public offering of 28,750,000 units, which includes 3,750,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option, at a price of
The Company intends to use the net proceeds from the offering and the simultaneous private placement of units to pursue and consummate a business combination with one or more businesses.
D. Boral Capital LLC acted as sole book-running manager for the offering.
Loeb & Loeb LLP acted as legal counsel to the Company and Paul Hastings LLP acted as legal counsel to D. Boral Capital LLC.
The offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from D. Boral Capital LLC: Attn: 590 Madison Avenue 39th Floor, New York, NY 10022, or by email at dbccapitalmarkets@dboralcapital.com, or by telephone at (212) 970-5150, or from the U.S. Securities and Exchange Commission’s (the “SEC”) website at www.sec.gov.
A registration statement on Form S-1 relating to these securities was declared effective by the SEC on January 30, 2026. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About D. Boral Acquisition I Corp.
The Company was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition opportunity in any business, industry, sector or geographical location, the Company intends to focus on industries that complement its management team’s background, and to capitalize on the ability of its management team to identify and acquire a business.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds from the IPO and the search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated or that the Company will ultimately complete a business combination transaction in the sectors it is targeting or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the IPO filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
D. Boral Capital LLC
Email: dbccapitalmarkets@dboralcapital.com
Telephone: 212-970-5150
FAQ
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