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AI brief of an SEC Form 8-K · Insight Digital Partners II (DYOR)

Insight Digital Partners II closes $172.5 million IPO; funds placed in trust

Neutral Impact 3 of 5 financing Written later

Insight Digital Partners II, a blank check company, closed its initial public offering of 17,250,000 units at $10.00 per unit on October 30, 2025, raising gross proceeds of $172.5 million, including the full exercise of the underwriters' over-allotment option. The full $172.5 million was placed in a trust account, and the funds generally cannot be released until the company completes an initial business combination or, if it does not, within 24 months of the IPO closing. The filing does not name a target business.

Key points

  • IPO closed October 30, 2025: 17,250,000 units at $10.00 each, including 2,250,000 units from the over-allotment option.
  • $172.5 million placed in a trust account maintained by Efficiency as trustee; funds generally held until a business combination or the 24-month deadline.
  • Private placement of 5,450,000 warrants at $1.00 each for $5.45 million; the sponsor bought 3,725,000 and Cohen & Company Capital Markets bought 1,725,000.
  • Sam Cassatt, Daniel Hume and Lok Lee were appointed independent directors on October 28, 2025, and each received Class B ordinary shares as director compensation.

The filing

CompanyInsight Digital Partners II (DYOR)
Form8-K, current report
Filed with the SECNov 3, 2025, 4:20 PM ET
Accession number0001213900-25-105205

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale5.02 Director / Officer Change5.03 Bylaw / Charter Amendment8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 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 November 03, 2025.

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.