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DP Cap Acquisition I Priced, Nasdaq: DPCS

Blank check company formed by Data Point Capital targeting the tech-enabled consumer and tech sectors.

Industry: SPAC

First Day Return: +0.6%

We are a newly organized blank check company. While we may pursue an initial business combination target in any business, industry or geographic location, we intend to focus our search on the tech-enabled consumer and technology sectors, with a specific focus on e-commerce and marketplaces and enterprise software. Within these sectors, we plan to evaluate companies with market leading competitive positions, experienced management teams, and long-term potential for growth and profitability. We will seek to identify potential target companies with an enterprise value above $750 million where we believe our team’s industry, operational, strategic or managerial expertise can enable us to deliver value for our shareholders. Our sponsor is an affiliate of Data Point Capital (“Data Point”), a venture capital fund manager which was founded by Scott Savitz, Chairman of DPAC I. Data Point has invested in early- and growth-stage opportunities in the tech-enabled consumer and technology sectors. Since the start of 2017 and through the end of 2020, the aggregate revenue of Data Point's portfolio companies has grown annually by approximately 50% on average and the two year average growth rate for its portfolio companies increased by approximately 30%. Data Point’s differentiated investment strategy focuses on innovation, scalability and capital efficiency.
IPO Data
IPO Date 11/08/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $200
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Boston, MA, United States
Founded 2021
Employees at IPO 2
Website datapointcapital.com

DP Cap Acquisition I (DPCS) Performance

Created with Highcharts 10.3.2Chart context menuDPCS vs. IPO Index (IPOUSA)Jan '22Mar '22May '22Jul '22Sep '22Nov '22Jan '23Mar '23May '23Jul '23Sep '23Nov '23Jan '24Mar '24May '24Jul '24Sep '24Nov '24Jan '25Mar '250%-75%-50%-25%+ 25%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index