Roman DBDR Tech Acquisition III, a new SPAC focused on technology, media and telecom (“TMT”) industries, registered to offer 25 million units at $10 each.
A unit consists of one share of Class A common stock and one-third of a warrant. The sponsor has agreed to purchase up to $12.58 million in warrants.
Co-CEO and Chairman Dr. Donald G. Basile also leads Roman DBDR Tech Acquisition, a blank check company that announced a business combination with CompoSecure Holdings in April. Co-CEO and Director Dixon Doll, Jr. is also the Co-CEO of Roman DBDR I and Roman DBDR II. He currently serves as CEO and Chairman of DBM Cloud Systems.
B. Riley is sole book-runner.
The SPAC has applied for a Nasdaq listing under the symbol RDXXU. Read more.
