Roman DBDR Acquisition Corp. II Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing February 3, 2025

Rhea-AI Summary

Roman DBDR Acquisition Corp. II (Nasdaq: DRDBU) has announced that starting February 3, 2025, holders of units from the company's initial public offering can choose to trade Class A ordinary shares and warrants separately. The separated Class A ordinary shares and warrants will trade on the Nasdaq Global Market under the symbols 'DRDB' and 'DRDBW' respectively.

Only whole warrants will be tradeable, with no fractional warrants being issued upon unit separation. Units that remain unseparated will continue trading under the existing symbol 'DRDBU'. The company has emphasized that this announcement does not constitute an offer to sell or solicitation to buy securities in jurisdictions where such actions would be unlawful without proper registration or qualification.

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Roman DBDR Acquisition Corp. II (Nasdaq: DRDBU) (the "Company") announced today that, commencing February 3, 2025, holders of the units sold in the Company's initial public offering may elect to separately trade the Company's Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols "DRDB" and "DRDBW," respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol "DRDBU."

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, 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 Roman DBDR Acquisition Corp. II

Roman DBDR Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, the Company intends to focus its initial search on companies in the cybersecurity, artificial intelligence or financial technology industries.

The Company's management team is led by Dixon Doll, Jr., its Chief Executive Officer and Chairman of the Board of Directors (the "Board"), John C. Small, its Chief Financial Officer, and Dr. Donald G. Basile, its Chief Technology Officer. The Board also includes James Nelson, James Nevels, Bryn Sherman and Michael Woods.

Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include, "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the Securities and Exchange Commission ("SEC"). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. 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 Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Investor Contact:

Roman DBDR Acquisition Corp. II
John Small
jcsmall@romandbdr.com
(917) 273-8429

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SOURCE Roman DBDR Acquisition Corp. II

FAQ

When will Roman DBDR (DRDBU) begin separate trading of shares and warrants?

Roman DBDR will begin separate trading of its Class A ordinary shares and warrants on February 3, 2025.

What are the new trading symbols for Roman DBDR's separated securities?

The separated securities will trade under DRDB for Class A ordinary shares and DRDBW for warrants on the Nasdaq Global Market.

Can fractional warrants be traded after DRDBU unit separation?

No, fractional warrants will not be issued, and only whole warrants will be traded after unit separation.

Will original DRDBU units still be tradeable after the separation?

Yes, unseparated units will continue to trade on the Nasdaq Global Market under the symbol DRDBU.

What happens to existing DRDBU units after February 3, 2025?

Existing unit holders can choose to either keep trading their units as DRDBU or separate them into Class A ordinary shares (DRDB) and warrants (DRDBW).