Disciplined Growth Acquisition closes $150 million IPO, places $150.75 million in trust
Disciplined Growth Acquisition Corporation, a blank check company, closed its initial public offering of 15,000,000 units at $10.00 per unit on May 28, 2026, for gross proceeds of $150 million. It also sold 345,000 private placement units for $3.45 million, and $150.75 million, or $10.05 per unit, was placed in a trust account. The company has not yet selected a business combination target, so the outcome for shareholders depends on a future deal.
Key points
- IPO of 15,000,000 units at $10.00 per unit closed May 28, 2026, for gross proceeds of $150,000,000
- Private placement of 345,000 units at $10.00 per unit raised $3,450,000
- $150,750,000, or $10.05 per unit, placed in a U.S. trust account with Odyssey Transfer and Trust Company
- Underwriters have a 45-day option to buy up to 2,250,000 additional units; the company has 15 months from the offering closing to complete a business combination
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.