- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2877 Paradise Road Las Vegas NV United States of America 89109
- IPO Date
- Nov 6, 2020
- Business
- Roman DBDR Tech Acquisition Corp. (NASDAQ:DBDR) is a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company has no significant current operations and focuses its search primarily on targets in the technology sector, including technology, media, and telecommunications (TMT) industries, with particular emphasis on security, artificial intelligence (AI), and fintech. It offers public market access as an alternative to traditional initial public offerings, leveraging sponsor expertise in value creation, capital access, and operational scaling.
The company does not manufacture or sell products but provides merger and acquisition services through structured business combinations; its units, comprising one Class A ordinary share and one-half of one redeemable warrant, facilitate investor participation in de-SPAC transactions. Founded in 2020 and headquartered at 345 Lorton Avenue, Burlingame, California, Roman DBDR Tech Acquisition Corp. operates globally with a target market of high-growth private companies seeking public listings, primarily in the United States. It was founded by partners with extensive experience in security and storage, including Dixon Doll, Jr., who serves as CEO of its successor vehicle.
In December 2024, the company, operating as Roman DBDR Acquisition Corp. II under tickers DRDB/DRDBU/DRDBW, completed a $200 million initial public offering of 20 million units priced at $10 each, with underwriters exercising an overallotment option to reach approximately $230 million in total proceeds. In February 2025, its Class A ordinary shares and warrants commenced separate trading, enhancing liquidity for investors ahead of a potential business combination. The SPAC remains in a pre-deal phase with no announced merger target or acquisition as of late 2025, positioning it to pursue strategic opportunities in cybersecurity, AI, and fintech amid ongoing market activity.