Black Dragon I Files for $250M IPO

Black Dragon Acquisition I registered with the SEC to offer 25 million units, each consisting of one Class A ordinary share and one-third of one redeemable warrant. Whole warrants are exercisable at $11.50.

The new SPAC plans to target a business in the e-Commerce, sports & media technology, or payments and financial technology sectors. 

Black Dragon I is led by CEO and Director Louis Hernandez, Jr., founder, managing director and CEO of Black Dragon Capital, which he founded in 2013. 

The SPAC has applied for a Nasdaq listing under DGONU. Read more.

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