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Roman DBDR Acquisition Corp. II Completes Over-Allotment

Roman DBDR Acquisition Corp. II, a blank check company specializing in mergers, has made headlines with its initial public offering (IPO). The company has successfully executed the full exercise of its over-allotment option. This move allows underwriters to purchase an additional 3 million units, each priced at $10.00, ultimately generating $30 million in gross proceeds.

Following this significant action, the total number of units sold in the IPO increased to 23 million, leading to a total gross revenue of $230 million. The company's units are now trading on the Nasdaq Global Market under the ticker symbol "DRDBU." Each unit comprises one Class A ordinary share alongside half of a redeemable warrant. These warrants provide the holder the option to buy an additional Class A ordinary share at $11.50 per share, adhering to specific adjustments.

As the company prepares for the separate trading of its securities, the Class A ordinary shares and warrants will be listed under "DRDB" and "DRDBW," respectively, on the Nasdaq exchange. This separation is a crucial step in establishing a firm market presence and providing liquidity for its investors.

The IPO was managed by B. Riley Securities, which acted as the sole book-running manager for this offering. Detailed information about the offering can be accessed via a prospectus available through B. Riley Securities. Potential investors may contact the firm for copies of the prospectus either by phone or through their email addresses.

It's notable that this registration statement for the securities received a stamp of approval from the U.S. Securities and Exchange Commission (SEC) on December 12, 2024. This SEC registration is essential for the legal sale of these units, underscoring the importance of compliance with regulatory standards in financing activities.

About Roman DBDR Acquisition Corp. II

Roman DBDR Acquisition Corp. II is a special purpose acquisition company (SPAC) created with the goal of engaging in mergers and acquisitions. While open to considering various sectors and stages of business evolution, the company's initial focus lies in identifying targets within the cybersecurity, artificial intelligence, and financial technology industries. This strategic orientation allows Roman DBDR to plan for a market that not only promises growth but also presents substantial investment opportunities.

The management team directing the company includes seasoned professionals like CEO and Board Chairman Dixon Doll, Jr., CFO John C. Small, and CTO Dr. Donald G. Basile. Joining them on the Board of Directors are experienced members James Nelson, James Nevels, Bryn Sherman, and Michael Woods, all bringing diverse backgrounds and expertise to steer the company in the right direction.

Future Outlook

As Roman DBDR Acquisition Corp. II navigates through its IPO and beyond, attention will be on how effectively it utilizes the generated funds. The forward-looking statements presented in their announcements allude to the ambitious potential of their intended business combinations. However, such statements are often accompanied by numerous variables, risks, and uncertainties that must be closely monitored to understand their real impact.

Investors and stakeholders will undoubtedly be eager to see how the company proceeds in selecting suitable firms for collaboration, while also keeping a keen eye on market conditions and financial performance that could affect future prospects. With recent developments, Roman DBDR Acquisition Corp. II is poised for growth in a landscape that continues to evolve rapidly.