SPAC D. Boral Acquisition I prices $250 million IPO, targeting companies with global scalability
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D. Boral Acquisition I, a SPAC led by D. Boral Capital, has priced its IPO at $250 million, offering 25 million shares at $10 each. The SPAC aims to target companies with an enterprise value of $700 million or more, focusing on scalability and strong management teams. The listing will occur on Nasdaq under the symbol DBCAU, with D. Boral Capital as the sole bookrunner. Previous SPACs managed by the team include D. Boral ARC Acquisition I and II, both raising $250 million.
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