Disruptive Acquisition I Prices $250M IPO

Disruptive Acquisition I priced its IPO of 25 million units at $10 each.

Units begin trading today on the Nasdaq under DISAU. Each consists of one Class A ordinary share and one-third of one redeemable warrant; whole warrants exercisable at $11.50. Once the securities comprising the units begin separate trading, shares and warrants are expected to list under DISA and DISAW, respectively.

The SPAC intends to target businesses primarily in the health and wellness, entertainment and consumer-facing technology sectors. Read more.

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