Disciplined Growth Acquisition Corporation (NYSE: DGACU) closed its $150 million initial public offering, issuing 15,000,000 units at $10.00 per unit. Each unit includes one Class A ordinary share and one right to receive one-fourth of a Class A share after the initial business combination.
$10.05 per unit was placed in a trust account, and units began trading on the NYSE on May 27, 2026, under DGACU. The Class A shares and rights are expected to trade separately as DGAC and DGACR. The underwriter has a 45-day option to buy up to 2,250,000 additional units.
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IPO raises $150 million via 15,000,000 units at $10.00
$10.05 per unit deposited into a dedicated trust account
Units listed on NYSE under ticker DGACU as of May 27, 2026
Underwriter granted 45-day option for 2,250,000 additional units
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None.
Market Context
This announcement details the closing of a $150 million IPO for a SPAC structure, including 15,000,0...
Analysis
This announcement details the closing of a $150 million IPO for a SPAC structure, including 15,000,000 units at $10.00 each and a funded trust at $10.05 per unit. Each unit includes a right to receive 1/4 of a Class A share upon a business combination, and the underwriter holds a 45-day option for 2,250,000 additional units. Investors may track future merger announcements and any use of the over-allotment option as key milestones.
Key Figures
IPO Size:$150 millionUnits Offered:15,000,000 unitsIPO Price:$10.00 per unit+5 more
8 metrics
IPO Size$150 millionInitial public offering proceeds
Units Offered15,000,000 unitsInitial public offering size
IPO Price$10.00 per unitInitial public offering price
Trust Deposit$10.05 per unitAmount deposited into trust account per unit
Right Conversion1/4 Class A shareRight received per unit upon business combination
initial public offering, trust account, underwriter, over-allotments, +3 more
7 terms
initial public offeringfinancial
"announced the closing of its initial public offering of 15,000,000 units"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
trust accountfinancial
"$10.05 per unit was deposited into a trust account with Odyssey Transfer"
A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.
underwriterfinancial
"The Company has granted the underwriter a 45-day option to purchase"
An underwriter is a financial firm that evaluates, guarantees and helps sell a new security offering—such as a stock or bond—by buying the issue from the issuer and reselling it to investors or organizing the sale. Think of them as a bridge or safety net: they take on the risk, set the price, handle marketing and paperwork, and their work determines how much money a company can raise and how smoothly the offering reaches the market.
"option to purchase up to an additional 2,250,000 units ... to cover over-allotments"
An over-allotment is a temporary extra batch of shares that the underwriters of a stock offering are allowed to sell beyond the original amount, with the right to buy those shares back later. Think of it as spare tickets sold to meet demand and then reclaimed if needed to keep the market orderly; it helps stabilize the stock price after an offering and can affect short-term supply and potential dilution, which matters to investors tracking price and ownership stakes.
registration statementregulatory
"A registration statement relating to the units and the underlying securities"
A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.
prospectusregulatory
"The Offering was made only by means of a prospectus"
A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.
Securities and Exchange Commissionregulatory
"was declared effective by the Securities and Exchange Commission on May 26, 2026"
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.
Garden City, New York, May 28, 2026 (GLOBE NEWSWIRE) -- Disciplined Growth Acquisition Corporation (NYSE: DGACU) (the “Company”) today announced the closing of its initial public offering of 15,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share of the Company and one right to receive one-fourth (1/4) of a Class A ordinary share upon the consummation of the Company’s initial business combination. In connection with the offering, $10.05 per unit was deposited into a trust account with Odyssey Transfer and Trust Company acting as trustee. The Company’s units began trading on the New York Stock Exchange (“NYSE”) on May 27, 2026, under the ticker symbol “DGACU.” Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on NYSE under the symbols “DGAC” and “DGACR,” respectively.
Maxim Group LLC acted as the sole book-running manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 2,250,000 units at the initial public offering price less the underwriting discount to cover over-allotments, if any.
A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission on May 26, 2026. The Offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com, or by accessing the SEC’s website, www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, 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 Disciplined Growth Acquisition Corporation
Disciplined Growth Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination involving the Company with one or more businesses or entities. The Company may pursue an initial business combination target in any industry or geographical location. It intends to focus its search in the financial technology, aerospace and defense technology, clean technology and other sectors with disruptive market opportunities, although it may pursue an acquisition opportunity in any business, industry, sector or geographical location.
The Company’s management team is led by Robert Wotczak, its Chief Executive Officer and Chairman, and Emma Dell’Acqua, its Chief Financial Officer.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the anticipated use of the net proceeds of the initial public offering and the simultaneous private placement. No assurance can be given that the net proceeds of the offering will be used as indicated. 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 offering filed with the Securities and Exchange Commission. The Company undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.
Contact Information:
Disciplined Growth Acquisition Corporation Patricia McCarron Director of Strategy & Operations Phone : 516-550-4122 Email : info@dgacspac.com
FAQ
What did Disciplined Growth Acquisition (NYSE: DGACU) announce on May 28, 2026?
Disciplined Growth Acquisition announced the closing of its $150 million initial public offering. According to the company, it sold 15,000,000 units at $10.00 per unit, each including one Class A ordinary share and a right to one-fourth of a Class A share.
How is the $150 million from the DGACU SPAC IPO being held?
The IPO proceeds are being placed in a trust account at $10.05 per unit. According to the company, these funds are held with Odyssey Transfer and Trust Company as trustee, pending completion of the initial business combination.
When did Disciplined Growth Acquisition (DGACU) start trading on the NYSE?
Disciplined Growth Acquisition units began trading on the NYSE on May 27, 2026 under the symbol DGACU. According to the company, the Class A ordinary shares and rights are expected to later trade separately as DGAC and DGACR.
What do investors receive in each DGACU SPAC unit from the IPO?
Each DGACU unit consists of one Class A ordinary share and one right to receive one-fourth of a Class A share. According to the company, the additional fractional share is delivered upon successful completion of the initial business combination.
Does Disciplined Growth Acquisition (DGACU) have an over-allotment option for its IPO?
Yes. The company granted the underwriter a 45-day option to buy up to 2,250,000 additional units. According to the company, these units may be purchased at the IPO price, less underwriting discounts, to cover any over-allotments.
What are the expected NYSE ticker symbols for Disciplined Growth Acquisition shares and rights?
DGACU units currently trade on the NYSE, while separate tickers are expected later. According to the company, the Class A ordinary shares should trade as DGAC, and the rights as DGACR, once separate trading begins.
