Disciplined Growth Acquisition Corporation completed its initial public offering of 15 million units at $10.00 per unit, raising $150 million in gross proceeds. The blank-check company began trading its units on the New York Stock Exchange on May 27, 2026.
Each unit sold in the offering includes one Class A ordinary share together with one right to receive one-fourth of a Class A ordinary share upon the closing of the companys initial business combination. Following the offering, the company placed $10.05 per unit into a trust account. Odyssey Transfer and Trust Company is acting as trustee for that trust account.
The company indicated that, once separate trading of the components of the unit begins, the Class A ordinary shares and the rights will trade on the NYSE under the symbols "DGAC" and "DGACR," respectively. Until that separation occurs, the units will trade under the listing for the combined instrument.
Maxim Group LLC served as the sole book-running manager for the IPO. In connection with the offering, the underwriter was granted a 45-day option to purchase up to 2.25 million additional units at the offering price less the underwriting discount to cover any over-allotments. The Securities and Exchange Commission declared the registration statement for the offering effective on May 26, 2026.
Disciplined Growth Acquisition Corporation is organized as a special purpose acquisition company formed to identify and complete mergers or other business combinations. The company stated that it intends to concentrate its search on opportunities in financial technology, aerospace and defense technology, clean technology and related areas, while retaining the ability to pursue targets in any industry or geographic location.
According to the companys press release, Robert Wotczak serves as Chief Executive Officer and Chairman and Emma DellAcqua serves as Chief Financial Officer. The combination of the trust deposit, the underwriter option and the separate listing plan for shares and rights are procedural steps the issuer has taken while it begins its search for a qualifying business combination.
Context and next steps
With the funds deposited in trust and the SECs registration statement declared effective, the company is positioned to pursue prospective merger candidates within the stated sectors. The timing and selection of any target remain subject to the SPAC process and to the companys eventual determination on an appropriate combination.
This report summarizes the offering terms and the structural features disclosed by the company in its public filings and press release related to the IPO.