Roman DBDR Acquisition II, a blank check company targeting cybersecurity, AI, and fintech, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering.
The Boca Raton, FL-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half warrant, exercisable at $11.50. At the proposed deal size, Roman DBDR Acquisition II would command a market cap of $267 million.
The company is led by CEO and Chairman Dixon Doll Jr., the Managing Director of Longstreet Ventures, and CFO John Small, CFO of AI Advertising (OTC: AIAD) and BigWattDigital. The company plans to target cybersecurity, AI, and fintech. The team previously ran Roman DBDR Tech Acquisition, which merged with custom card manufacturer CompoSecure (Nasdaq: CMPO; +23%) at a $1.2 billion EV in December 2021. They had also filed to list two more SPACs, Roman DBDR Tech Acquisition II, and Roman DBDR Tech Acquisition III, before both listings were declared abandoned by the SEC in early 2023.
The Boca Raton, FL-based company was founded in 2024 and plans to list on the Nasdaq under the symbol DRDBU. B. Riley Securities is the sole bookrunner on the deal.
