Rhea-AI Summary
QDRO Acquisition Corp (Nasdaq: QADRU / QADR) closed its initial public offering of 20,000,000 units at $10.00 per unit on March 30, 2026, raising $200,000,000 in gross proceeds. Units began trading March 27, 2026 on the Nasdaq Global Market under QADRU.
Each unit includes one Class A ordinary share and one-half of a redeemable warrant; whole warrants will trade and are exercisable at $11.50. Cantor Fitzgerald & Co. acted as sole bookrunner and holds a 45-day option to purchase up to an additional 3,000,000 units. The company intends to target businesses in financial services, digital currency and technology. A registration statement was declared effective by the SEC on March 26, 2026.
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FAQ
What is the current stock price of QDRO Acquisition Units (QADRU)?
QDRO Acquisition Units (QADRU) last closed at $10.20.