Brio Financial Group congratulates our client, D. Boral Acquisition I Corp., on the closing of its $287,500,000 initial public offering, including the full exercise of the underwriters’ over-allotment option.
The Company issued 28,750,000 units at $10.00 per unit for total gross proceeds of $287.5 million. The units began trading on Nasdaq under the symbol DBCAU on February 11, 2026. Each unit consists of one Class A ordinary share and one-half of one redeemable public warrant, with each whole warrant exercisable at $11.50 per share. Upon separation, the Class A ordinary shares and warrants are expected to trade under the symbols DBCA and DBCAW, respectively.
Congratulations to the management team on reaching this important milestone as they move forward in pursuit of their initial business combination.
We were pleased to work alongside Loeb & Loeb LLP as counsel to the Company and Paul Hastings as counsel to D. Boral Capital LLC, which acted as sole book-running manager.