- Business
- Insight Digital Partners II Units Insight Digital Partners II Units (NASDAQ:DYORU) is a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands that focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company targets high-growth opportunities in the digital economy, particularly infrastructure supporting stablecoins and digital payments; staking and mining operations; trading and exchange platforms; high-performance computing; and energy solutions powering these advancements, including crypto treasury strategies, crypto miners, payment gateways, crypto holding and trading, with target companies typically featuring enterprise values between $500 million and $5 billion, positive cash flow, strong balance sheets, experienced management, and PCAOB-compliant audited financials. Headquartered in New York, NY, the company was formed in 2025 and lists its units on the Nasdaq Global Market, with each unit comprising one Class A ordinary share and one-half of one redeemable warrant exercisable at $11.50 per share. In October 2025, Insight Digital Partners II completed its initial public offering of 17.25 million units at $10.00 per unit, raising $172.5 million including the full exercise of the underwriters' over-allotment option, with Cohen & Company Capital Markets serving as sole book-running manager and a concurrent private placement of 5.45 million warrants generating additional proceeds; the Class A ordinary shares (DYOR) and warrants (DYORW) commenced separate trading on Nasdaq on November 14, 2025.