Disruptive Acquisition Corporation I
DISAU
NASDAQ Capital Market10.60
USD
+0.20
- -
CIK
0001838831
ISIN
KYG2770Y1109
CUSIP
G2770Y110
Return %
Stock
S&P500
1Y
6.43
26.53
3Y
7.72
76.60
5Y
7.72
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Alexander J. Davis
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 11501 Rock Rose Avenue Austin TX United States of America 78758
- IPO Date
- Mar 24, 2021
- CIK
- 0001838831
- Similar Companies
- Business
- Disruptive Acquisition Corporation I is a special purpose acquisition company (SPAC) formed in 2021 for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses primarily in the health and wellness, entertainment, and consumer-facing technology sectors. The company does not manufacture or sell products but serves as an investment vehicle to identify and acquire disruptive businesses in its target sectors. Disruptive Acquisition Corporation I raised $250 million through its initial public offering to pursue its acquisition mandate. The company is headquartered in the Cayman Islands and operates globally through the business combinations it aims to complete. Its key business activity involves searching for and merging with target companies that align with its focus sectors. Disruptive Acquisition Corporation I benefits from strategic involvement by elite athletes who contribute to brand outreach and investor engagement. Notably, the company announced in early 2024 its plans to redeem all outstanding Class A shares and liquidate as it was unable to complete a business combination within the required timeframe, effectively ceasing its current acquisition operations. This liquidation process was expected to complete by April 2024, and no initial business combination had been consummated by that date. Prior to liquidation, the company maintained readiness to invest significantly in disruptive technology and consumer-facing sectors but did not report any completed acquisitions or operational revenues. The company's latest major change is this strategic decision to liquidate and return funds to shareholders due to its inability to effect a qualifying business combination within its mandated period. Disruptive Acquisition Corporation I's model and operations rely entirely on capital raised via public markets and subsequent business combinations rather than on product sales or service provision, with a clear focus on technology-driven sectors worldwide. It does not currently own subsidiaries or operate revenue-generating business lines directly. Disruptive Acquisition Corporation I's lifecycle evidences the challenge SPACs face in completing timely acquisitions within regulatory deadlines. This description reflects the company status as of 2025, including its founding in 2021 and liquidation announcement in early 2024 following a $250 million IPO, with no completed business combination executed.
Disruptive Acquisition Corporation I Announces Pricing of $250 Million Initial Public Offering