D. Boral Acquisition I Corp. (NASDAQ:BCARU) announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BCARU”, Thursday, July 31, 2025.
The new SPAC plans mount a generalist search for a target company valued at $700 million or more in a sector aligned with the expertise of its management team.
That team is led by Chairman and Chief Executive Officer David Boral and Chief Financial Officer John Darwin. Kevin Chen, Luisa Ingargiola and Matt Laker will serve on its Board of Directors.
Total SPAC deal count for 2025 year-to-date is now 76. This offering is expected to close on Friday, August 1, 2025.
D. Boral Capital is acting as the sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. Guangdong Prouden CPAs GP serves as auditor. Odyssey Transfer and Trust Company is acting as trustee.
Melar I (NASDAQ:MACI) has entered into a definitive agreement to combine with Italian e-commerce firm Everli at a pro forma enterprise value of $247 million. Everli delivers groceries to consumers via in-store shoppers at a wide range of retailers in the Italian market. The combined company is expected to trade on the Nasdaq under the...
Spring Valley II (NASDAQ:SVII) has entered into a definitive agreement to combine with uranium miner Eagle Energy Metals at an equity value of $312 million. Eagle Energy holds the rights to two large uranium deposits near the Oregon-Nevada border that it aims to develop alongside its own small, modular nuclear reactor designs. The combined company...
The pace of lock-up expirations among de-SPACs and sponsors is set to slow in August as just four of each will become newly freed to trade their shares. Those with the most to gain from this new freedom this month are the company shareholders of eVTOL developer Joby (NYSE:JOBY). It last closed at $16.89 as...
At the SPAC of Dawn The return of the SPAC market has not depended on further interest rate cuts, but SPACs would have likely benefited had the Fed leaned that way yesterday afternoon. The market is still pointed up in the pre-market even in the absence of a cut, perhaps with the knowledge that dissent...
D. Boral Acquisition I Corp. (NASDAQ:BCARU) announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BCARU”, Thursday, July 31, 2025. The new SPAC plans mount a generalist search for a target company valued at $700 million or more in a sector aligned...