D. Boral Acquisition I Corp. announced the pricing of its initial public offering at $10 per unit, selling 25 million units for gross proceeds of $250 million. The company said the units are expected to begin trading on the Nasdaq Global Market under the symbol "DBCAU" on February 11, 2026.
Each unit is structured to include one Class A ordinary share and one-half of one redeemable public warrant. According to the company, each whole warrant will permit the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share. When separate trading of shares and warrants begins, the Class A ordinary shares and warrants are expected to trade under the symbols "DBCA" and "DBCAW," respectively.
The offering is scheduled to close on February 12, 2026, and the company noted that the closing remains subject to customary closing conditions. D. Boral Capital LLC is serving as the sole book-running manager for the transaction.
To cover potential over-allotments, the company granted the underwriters a 45-day option to purchase up to an additional 3.75 million units at the initial offering price. If that option is exercised in full, total gross proceeds from the offering would rise to $287.5 million.
D. Boral Acquisition I Corp. said it was formed to pursue a merger, acquisition, or similar business combination with one or more businesses. While the company indicated it may consider opportunities across any business or industry, it stated an intention to concentrate on sectors that complement its management team’s background.
Regulatory progress for the offering was noted: the Securities and Exchange Commission declared the company’s registration statement on Form S-1 effective on January 30, 2026, according to the company’s statement.
About the offering mechanics
The offering’s unit structure couples equity exposure with partial warrant coverage - each unit pairs one Class A share with one-half of a redeemable public warrant. Upon separation into individual securities, investors will be able to trade the shares and warrants independently under their respective Nasdaq symbols.
Third-party evaluation mention
The company’s announcement also included a third-party note that an AI-driven stock evaluation tool analyzes BCARU and other companies monthly using over 100 financial metrics. That note states the tool seeks potential stock ideas by assessing fundamentals, momentum, and valuation without bias and cites past notable winners provided as examples. Readers interested in whether BCARU is currently featured in any of the tool’s strategies or in comparing opportunities in the same space were directed to the tool’s stock listings.