- CEO
- Donald G. Basile
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 345 Lorton Avenue Burlingame CA United States of America 89109
- IPO Date
- Oct 30, 2020
- Business
- Roman DBDR Tech Acquisition Corp. (DBDRU) is a blank check company formed in 2020 and headquartered in Burlingame, California, that intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a primary focus on the technology, media and telecom (TMT) industries; it targets high-growth companies particularly in cloud data storage, information security, cybersecurity, artificial intelligence, and financial technology sectors, initially prioritizing U.S.-based entities while considering opportunities in Europe and Asia. The company offers no operational products or services of its own, instead providing public market access and capital infusion via its special purpose acquisition vehicle structure to emerging technology firms seeking accelerated growth and visibility; its units, each comprising one Class A ordinary share and one-half of a redeemable warrant exercisable at $11.50 per share, trade on Nasdaq under the ticker DBDRU following a $220 million initial public offering in November 2020 underwritten by B. Riley Securities, with $224.4 million placed in trust. Led by co-chief executive officers Dr. Donald G. Basile, founder and CEO of Monsoon Blockchain Corp., and Dixon Doll Jr., CEO of DBM Cloud Systems, the management team leverages over 20 years of combined expertise in security, storage, and TMT investments to source, acquire, and scale targets with enterprise values typically between $500 million and $1.5 billion. In a major development, the company announced a definitive merger agreement with CompoSecure, L.L.C., a provider of premium metal payment cards, in April 2021 valuing the post-transaction enterprise at approximately $1.2 billion with $175 million in private placement financing led by BlackRock and Highbridge Capital Management; shareholders approved the transaction on December 23, 2021, it closed on December 28, 2021, and the combined entity began trading on Nasdaq under the symbol CMPO, marking the de-SPAC completion and subsequent rebranding away from Roman DBDR Tech Acquisition Corp. while its units remain listed as DBDRU with ongoing trading activity as of late 2025. No further business combinations or significant operational shifts have been completed by the original entity post-merger, though related franchise vehicles like Roman DBDR Acquisition Corp. II continue pursuing similar TMT strategies.