D. Boral Acquisition I completed its IPO, raising $287,500,000 and placing proceeds in a U.S. trust account.
Key Highlights:
- Sold 28,750,000 units at $10.00 each, including 3,750,000 units from full overallotment, generating $287.5M gross proceeds.
- Each unit comprises one Class A ordinary share and one-half warrant; whole warrant exercisable at $11.50 per share.
- Completed private placement of 200,000 units to Sponsor at $10.00 per unit for $2.0M; proceeds added to trust.
- $287,500,000 of IPO and private placement proceeds held in U.S.-based trust account invested in short-term U.S. government securities.
- Transaction costs totaled $6,027,544; audited balance sheet as of Feb 12, 2026 reflects trust and cash balances.
Original SEC Filing:
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