Drugs Made In America Acquisition II Corp. Unit
DMIIU
NASDAQ Global Select10.14
USD
-0.02
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Drugs Made In America Acquisition II Corp. Unit
DMIIU
(NASDAQ Global Select)
Recent
price
10.14
P/E
ratio
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div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Drugs Made In America Acquisition II Corp. is a blank check company incorporated in the Cayman Islands in 2024 and headquartered at 1 East Broward Boulevard, Suite 700, Fort Lauderdale, Florida; the company focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses, primarily targeting the pharmaceutical industry to promote on-shoring of domestic manufacturing for critical drugs and mitigate U.S. supply chain risks from concentrated foreign production. Each unit (Nasdaq: DMIIU) consists of one ordinary share and one right to receive one-tenth of an ordinary share upon completion of an initial business combination; upon separation, ordinary shares and rights trade under symbols DMII and DMIIR, respectively, with sponsor-led private placement units providing additional funding flexibility. The company completed a $500 million initial public offering of 50 million units at $10.00 per unit on September 26, 2025, underwritten by Cantor Fitzgerald & Co. with a 45-day over-allotment option for 7.5 million units, concurrently closing a $12 million private placement of 1.2 million units purchased by sponsor Drugs Made In America Acquisition II LLC and Cantor Fitzgerald; as of September 30, 2025, $500.1 million resides in trust, funding the search for a target within 24 months or triggering liquidation, amid ongoing general and administrative costs and no identified business combination target to date.
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