Roman DBDR Tech Acquisition Corp. is a newly organized blank-check company who filed for a $275 million SPAC initial public offering. The Burlingame, CA based company is offering 27,500,000 units at $10. Each unit has an offering price of $10.00 and consists of one share of our Class A common stock and one-half of one redeemable warrant.
Roman DBDR Tech Acquisition Corp. will target companies in the Security and Cloud Data Storage Tech sector. The initial focus of their acquisition search will concentrate on companies driven by these three macro themes combining security, cloud computing and cloud data storage. The market for cloud-based solutions is accelerating with Bessemer Venture Partners predicting a majority of the software market will be in the cloud by 2025 and nearly 100% by 2032. This trend has created several recent cloud-based winners including Zoom, DataDog and Snowflake. The Covid-19 effect is accelerating the movement to the cloud across a variety of industries.
Dr. Donald G. Basile will serve as the Co-CEO and Chairman of the newly formed SPAC. Dixon Doll, Jr. will also serve as Co-CEO of the company. Filed under Nasdaq , under the symbol “DBDRU”.
Source: SEC S-1 Filings – S-1 – Roman DBDR Tech Acquisition Corp. (0001823144) (Filer)