Disciplined Growth Acquisition Corporation completed an initial public offering of 15 million units priced at $10.00 per unit, generating total gross proceeds of $150 million.
Each unit sold in the offering comprises one Class A ordinary share and one right that entitles the holder to receive one-fourth of a Class A ordinary share if and when the company completes its initial business combination. The company will place $10.05 from the per-unit proceeds into a trust account, with Odyssey Transfer and Trust Company named as the trustee responsible for holding those funds.
Under the offering timetable, the units are scheduled to begin trading on the New York Stock Exchange on May 27, 2026, using the ticker symbol "DGACU." The offering is expected to close on or about May 28, 2026. After the securities are separated for individual trading, the underlying Class A ordinary shares and the rights will trade under the symbols "DGAC" and "DGACR," respectively.
Maxim Group LLC acted as the sole book-running manager for the transaction. The underwriter has been granted a 45-day option to purchase up to an additional 2.25 million units at the IPO price less the underwriting discount, a provision intended to cover potential over-allotments.
Disciplined Growth Acquisition Corporation is a blank check company formed to seek mergers, acquisitions or other similar business combinations. While the company has stated it intends to focus its search on financial technology, aerospace and defense technology, and clean technology, it retains the flexibility to pursue opportunities in any sector or any geographic location.
Leadership at the firm includes Robert Wotczak, who serves as Chief Executive Officer and Chairman, and Emma Dell'Acqua, who serves as Chief Financial Officer. The Securities and Exchange Commission declared the registration statement for the offering effective on May 26, 2026.
Summary
- Disciplined Growth Acquisition Corporation priced 15 million units at $10.00 each, raising $150 million.
- Units each include one Class A ordinary share and a right to receive one-fourth of a Class A ordinary share upon completion of an initial business combination.
- Units are expected to begin trading on the NYSE on May 27, 2026 under the ticker DGACU; separate trading of shares and rights will use DGAC and DGACR.
Key points
- The company will deposit $10.05 per unit into a trust account managed by Odyssey Transfer and Trust Company - this trust structure is part of the offering mechanics.
- Maxim Group LLC is the sole book-running manager; the underwriter holds a 45-day option to buy up to 2.25 million additional units to cover over-allotments.
- Disciplined Growth Acquisition Corporation is targeting fintech, aerospace and defense technology, and clean technology sectors while retaining flexibility to pursue other industries and locations.
Risks and uncertainties
- There is uncertainty inherent in the blank-check structure because the company has not identified a target and may pursue a business combination in any industry or location.
- The offering closing is scheduled on or about May 28, 2026; timing and completion depend on customary closing conditions.
- The underwriter's option to purchase additional units for 45 days could affect the number of outstanding units and the supply of securities if exercised.