Here are the 10-Q quarterly reports from Roman DBDR Acquisition Corp. II Warrants (DRDBW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow DRDBW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DRDBW filings page.
Roman DBDR Acquisition Corp. II, a Cayman Islands SPAC, reported total assets of $245,649,168 as of June 30, 2026, almost entirely investments in its Trust Account of $245,480,252 backing 23,000,000 Class A ordinary shares subject to redemption at $10.67 per share. Cash outside the Trust Account was $66,238, against current liabilities of $2,689,939 and related-party promissory notes totaling $580,000, resulting in shareholders’ deficit of $3,101,023.
For the quarter, net income was $2,203,834, driven by $2,641,365 of interest on Trust investments and $437,531 of general and administrative expenses; net income for the first half of 2026 was $1,968,767. Management states the company “currently lacks the liquidity needed to sustain operations for a reasonable period of time” and must complete a Business Combination within the Completion Window or liquidate, raising substantial doubt about its ability to continue as a going concern. In February 2026 it signed a ThomasLloyd Business Combination Agreement based on an $850,000,000 equity value, under which a new PubCo would issue shares to current Roman DBDR and ThomasLloyd holders, with closing expected in the second half of 2026 subject to approvals and conditions. A total of 19,635,000 warrants remain outstanding, each whole warrant exercisable for one Class A ordinary share at $11.50 per share beginning 30 days after a completed Business Combination.
Roman DBDR Acquisition Corp. II reported a small net loss of $235,067 for the quarter ended March 31, 2026, as higher general and administrative expenses of $1.9 million exceeded interest income of $1.65 million from its Trust Account investments. Total assets were $243.1 million, with $242.8 million held in the Trust Account supporting 23,000,000 Class A shares at a redemption value of $10.56 per share. Cash outside the Trust Account was only $53,490, and management disclosed substantial doubt about the company’s ability to continue as a going concern. The company entered into a Business Combination Agreement with ThomasLloyd Climate Solutions B.V., implying an equity value of $850 million for ThomasLloyd and targeting closing in the second half of 2026, supported by multiple fee-based advisory and financing arrangements with B. Riley, Lucid, and Berenberg.