- Business
- DP Cap Acquisition Corp I (DPCSW) is a blank check company whose sole purpose is to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It does not have significant operations or generate revenue, focusing its search on targets in the tech-enabled consumer and technology sectors, including e-commerce, marketplaces and enterprise software with enterprise values above $750 million. Incorporated in 2021 and headquartered in Boston, Massachusetts, the company operates primarily in the United States and is a subsidiary of DP Investment Management Sponsor I LLC. Recent major changes include shareholder approval in November 2025 to extend the deadline for completing an initial business combination to December 31, 2026; a November 2024 purchase agreement transferring over 3 million Class A ordinary shares to Highview Bridge LLC and related entities for $100, granting the purchaser voting rights on behalf of the sponsor; an August 2025 increase in authorized share capital to $92,000 with issuance of bonus shares; a working capital loan of up to $1 million from Highview Bridge LLC; and changes in independent registered public accounting firm to Aloba, Awomolo & Partners in 2025.