QDRO Acquisition Corp. announced the closing of its initial public offering, raising $200 million on March 30, 2026, the company said in a statement. The special purpose acquisition company sold 20 million units at $10 per unit.
The units started trading on March 27, 2026 on the Nasdaq Global Market under the symbol "QADRU." Each unit comprises one Class A ordinary share and one-half of a redeemable warrant. Two halves make a whole warrant, and each whole warrant permits the purchase of one Class A ordinary share at an exercise price of $11.50 per share.
The firm said that once the components of the units begin to trade separately, the Class A ordinary shares and the warrants will appear on Nasdaq under the symbols "QADR" and "QADRW," respectively.
Cantor Fitzgerald & Co. served as the sole bookrunner for the offering. The bank received a 45-day option to buy up to an additional 3 million units at the IPO price to cover any over-allotments that may arise.
According to the company statement, QDRO Acquisition Corp. intends to pursue business combinations with targets in the financial services, digital currency and technology sectors. The blank-check vehicle was formed as a newly organized special purpose acquisition company with the objective of effecting mergers, acquisitions or similar business combinations with one or more businesses.
The U.S. Securities and Exchange Commission declared the registration statement for the securities effective on March 26, 2026.
About market placement and structure
The offering structure follows a common SPAC framework: units that initially bundle ordinary shares with fractional warrants, with separate listings for shares and warrants to come later. The stated exercise price for each whole warrant is $11.50 per Class A ordinary share.
Promotional note included in the original statement
The company filing included a promotional segment referencing an AI-driven stock idea service called ProPicks AI. That segment described ProPicks AI as evaluating QADRU alongside thousands of other companies using more than 100 financial metrics and highlighted past examples of picks with notable percentage gains, specifically Super Micro Computer (+185%) and AppLovin (+157%). It invited readers to check whether QADRU appears in any ProPicks AI strategies or whether alternative opportunities exist in the same space.
Contacts and next steps
QDRO Acquisition Corp. will proceed with the administrative steps that follow an IPO for a SPAC: separate trading of shares and warrants when those securities are ready to be listed independently, and active pursuit of potential targets within the sectors it identified. The company has structured the offering to allow for typical over-allotment coverage via the bookrunners option to purchase additional units during the 45-day window.