NEW
YORK, Dec. 16, 2024 /PRNewswire/ -- Roman DBDR
Acquisition Corp. II (the "Company") announced today the closing of
its initial public offering of 20,000,000 units. The offering was
priced at $10.00 per unit, resulting
in gross proceeds of $200,000,000.
The Company's units began trading on December 13, 2024 on the Nasdaq Global Market
("Nasdaq") under the ticker symbol "DRDBU." Each unit consists of
one Class A ordinary share and one-half of one redeemable warrant,
each whole warrant entitling the holder thereof to purchase one
Class A ordinary share at a price of $11.50 per share, subject to certain adjustments.
No fractional warrants will be issued upon separation of the units
and only whole warrants will trade. Once the securities
constituting the units begin separate trading, the Class A ordinary
shares and warrants are expected to be listed on Nasdaq under the
symbols "DRDB" and "DRDBW," respectively.
Of the proceeds received from the consummation of the initial
public offering and a simultaneous private placement of warrants,
$201,000,000 (or $10.05 per unit sold in the offering) was
deposited in the Company's trust account.
The Company is a blank check company formed for the purpose of
effecting a merger, capital share exchange, asset acquisition,
share purchase, reorganization or similar business combination with
one or more businesses. While the Company may pursue an initial
business combination target in any stage of its corporate evolution
or in any industry or sector, the Company intends to focus its
initial search on companies in the cybersecurity, artificial
intelligence or financial technology industries.
The Company's management team is led by Dixon Doll, Jr., its Chief Executive Officer and
Chairman of the Board of Directors (the "Board"), John C. Small, its Chief Financial Officer, and
Dr. Donald G. Basile, its Chief
Technology Officer. The Board also includes James Nelson, James
Nevels, Bryn Sherman and
Michael Woods.
B. Riley Securities acted as sole book-running manager for the
offering. The Company has granted the underwriters a 45-day option
to purchase up to an additional 3,000,000 units at the initial
public offering price to cover over-allotments, if any.
The offering is being made only by means of a prospectus or by
contacting B. Riley Securities by telephone at (703) 312-9580, or
by emailing prospectuses@brileyfin.com.
A registration statement relating to the securities was declared
effective by the U.S. Securities and Exchange Commission ("SEC") on
December 12, 2024. This press release
shall not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of these securities in
any state or jurisdiction in which such offer, solicitation, or
sale would be unlawful prior to registration or qualification under
the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the
proposed initial public offering and the anticipated use of the net
proceeds thereof. No assurance can be given that the net proceeds
of the offering will be used as indicated. Forward-looking
statements are subject to numerous conditions, many of which are
beyond the control of the Company, including those set forth in the
"Risk Factors" section of the Company's registration statement and
prospectus for the Company's initial public offering filed with the
SEC. Copies of these documents are available on the SEC's website,
www.sec.gov. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
Investor Contact:
Roman DBDR Acquisition Corp. II
John Small
jcsmall@romandbdr.com
(917) 273-8429
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SOURCE Roman DBDR Acquisition Corp. II
