Disruptive Acquisition Corporation I

Disruptive Acquisition Corporation I

DISA
Disruptive Acquisition Corporation IUS flagNASDAQ Capital Market
10.68
USD
-0.18
- -
91.68MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

FRC

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Alexander J. Davis
Sector
Financial Services
Industry
Shell Companies
Address
11501 Rock Rose Avenue Austin TX United States of America 78758
IPO Date
May 21, 2021
Business
Disruptive Acquisition Corporation I (NASDAQ: DISA) operates as a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company has no significant operations or revenues and focuses its search on high-growth targets in the health and wellness, entertainment, and consumer-facing technology sectors. It provides no products or services beyond its core SPAC structure for facilitating initial business combinations. Incorporated in 2020 and headquartered in Austin, Texas, the company raised $250 million in its initial public offering in March 2021. In March 2024, Disruptive Acquisition Corporation I announced the redemption of all outstanding Class A ordinary shares effective April 8, 2024, at approximately $10.85 per share, due to its inability to consummate an initial business combination within the required 36-month period following its IPO. The company ceased operations except for wind-up activities, with its securities delisted from Nasdaq via a Form 25 filing in February 2024 and plans to terminate SEC registration via Form 15.

Company News

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