D. Boral Acquisition I Corp. filings document the SPAC's public security structure, offering-related events, material agreements, and capital structure. Form 8-K reports describe the company's initial public offering of units, the private placement of units to the sponsor, and the registration of units, Class A ordinary shares, and warrants on The Nasdaq Stock Market.
The filings identify DBCAU units as consisting of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable for one Class A ordinary share at $11.50 per share. The record also covers emerging growth company status, British Virgin Islands incorporation, shareholder and security-holder mechanics, and other SPAC governance and disclosure matters.
D. Boral Acquisition I Corp. completed its SPAC initial public offering, selling 28,750,000 units at $10.00 per unit, including full exercise of the underwriters’ over-allotment option, for total gross proceeds of $287,500,000. Each unit includes one Class A ordinary share and one-half of one redeemable warrant exercisable at $11.50 per share.
The company also sold 200,000 private placement units to its sponsor at $10.00 per unit and issued 2,000,000 Class A “Representative Shares” with transfer and redemption restrictions. In total, $287,500,000 from the IPO and private placement was deposited into a U.S. trust account, to be used for a business combination within 18 months of the IPO closing, extendable to 21 months if the sponsor exercises a three‑month extension option. The company appointed four new independent directors, formed audit and compensation committees, entered into indemnification agreements with directors and officers, and adopted amended and restated governing documents in connection with the IPO.