QDRO Acquisition Corp. closes $200 million IPO, places proceeds in trust account
QDRO Acquisition Corp., a blank check company, closed its initial public offering on March 30, 2026, selling 20,000,000 units at $10.00 each for $200 million in gross proceeds. The full $200 million was placed in a trust account, and the company has 18 months from the IPO closing to complete a business combination. The company has not selected a target, and its auditor has raised substantial doubt about its ability to continue as a going concern.
Key points
- March 30, 2026: IPO of 20,000,000 units at $10.00 per unit, generating $200 million in gross proceeds
- $200 million held in trust account with Continental Stock Transfer & Trust Company, as trustee
- Private placement of 6,000,000 warrants at $1.00 each, or $6 million, to the sponsor and Cantor Fitzgerald & Co.
- WithumSmith+Brown auditor cites substantial doubt about going concern; the company has not selected a business combination target
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 06, 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.