Workflow
Insight Digital Partners II Announces Pricing of $150 Million Initial Public Offering
Globenewswireยท2025-10-28 20:55

Group 1 - The company, Insight Digital Partners II, has announced the pricing of its initial public offering (IPO) of 15,000,000 units at a price of $10.00 per unit, expected to trade on Nasdaq under the ticker symbol "DYORU" starting October 29, 2025 [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share [1] - The offering is expected to close on October 30, 2025, and the company has granted underwriters a 45-day option to purchase an additional 2,250,000 units to cover over-allotments [3] Group 2 - Insight Digital Partners II is a blank check company formed to effect a merger or similar business combination, targeting high-growth sectors within the digital economy, including infrastructure for stablecoins, digital payments, and high-performance computing [2] - The company aims to pursue opportunities in sectors that are expected to have a significant impact on the digital economy, focusing on innovative energy solutions that support these advancements [2] Group 3 - Cohen & Company Capital Markets is acting as the sole book-running manager for the offering, and the offering is being made only by means of a prospectus [3][5] - A registration statement relating to these securities was filed with the SEC and became effective, allowing the company to proceed with the IPO [4]