Disciplined Growth Sponsor buys 181,750 DGAC units
Disciplined Growth Sponsor LLC, a 10% owner of Disciplined Growth Acquisition Corp (DGAC), bought 181,750 private placement units at $10 per unit.
Rhea-AI Filing Summary
Disciplined Growth Sponsor LLC, a 10% owner of Disciplined Growth Acquisition Corp (DGAC), bought 181,750 private placement units at $10 per unit. Each unit includes one Class A ordinary share and one right, giving the Sponsor 181,750 Class A shares and 181,750 rights. These rights together are exercisable for 45,437 Class A shares upon consummation of the company’s initial business combination. CEO Robert Wotczak, as managing member of the Sponsor, may be deemed a beneficial owner through voting and investment discretion but disclaims beneficial ownership beyond any pecuniary interest.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Rights to Class A ordinary shares | 181,750 | $0.00 | $0.00 |
| Purchase | Class A ordinary shares | 181,750 | $10.00 | $1.82M |
Footnotes (3)
- F1. Reflects the 181,750 Class A ordinary shares of Disciplined Growth Acquisition Corporation (the "Issuer") that are included in the 181,750 private placement units of the Issuer purchased by Disciplined Growth Sponsor LLC ("Sponsor"), with such private placement units comprised of 175,000 private placement units issued on May 28, 2026, in connection with closing of the Issuer's initial public offering and 6,750 private placement units issued on June 4, 2026, in connection with the partial exercise of the underwriter's over-allotment option. Each private placement unit was purchased for $10 per unit and consists of one Class A ordinary share and one right to receive one-fourth (1/4) of one Class A ordinary share upon consummation of the Issuer's initial business combination.
- F2. The Sponsor is the record holder of the shares reported herein. Robert Wotczak, the Chief Executive Officer of the Issuer, is the Managing Members of the Sponsor and holds voting and investment discretion with respect to the ordinary shares held of record by the Sponsor. As such, Mr. Wotczak may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Wotczak disclaims any beneficial ownership of the securities held of record by the Sponsor other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
- F3. Represents the 45,437 Class A ordinary shares, which may be acquired by Sponsor upon the conversion of 181,750 rights (included in the Sponsor's private placement units) upon consummation of the registrant's initial business combination. As described in the Registration Statement under the heading "Description of Securities-Share Rights," each right will automatically convert into one-fourth (1/4) of one Class A ordinary share upon consummation of the registrant's initial business combination, subject to certain adjustments described therein and have no expiration date. No fractional Class A ordinary shares will be issued upon conversion of such rights.
Key Figures
Key Terms
private placement units financial
underwriter's over-allotment option financial
initial public offering financial
initial business combination financial
beneficial ownership financial
pecuniary interest financial
FAQ
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At what price were the DGAC private placement units purchased by the sponsor?
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When were the DGAC private placement units issued to the sponsor?
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