QDRO Acquisition Corp. closes $200 million IPO; proceeds placed in trust account
QDRO Acquisition Corp., a blank check company, closed its initial public offering of 20,000,000 units at $10.00 per unit on March 30, 2026, generating gross proceeds of $200 million. A total of $200 million, including $12 million of the underwriter's deferred discount, was placed in a U.S.-based trust account, and the funds will not be released until a business combination is completed or the company fails to complete one within 24 months of the IPO closing.
Key points
- IPO of 20,000,000 units at $10.00 per unit closed March 30, 2026; units began trading on Nasdaq under QADRU on March 27, 2026
- Private placement of 6,000,000 warrants at $1.00 each to the sponsor and underwriter generated $6 million
- $200 million placed in trust; funds are not released until a business combination or redemption deadline of 24 months from IPO closing
- The company intends to focus on businesses within financial services, digital currency and technology sectors
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 April 01, 2026.
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