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.
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