Roman DBDR Acquisition Corp. IIDRDB
Cash in trust
$245.5M
$245,480,252
Trust per share
—
Redemption value
IPO
Dec 2024
—
Combination deadline
Dec 13, 2026
100 days remaining
Filings on record
91
Latest Aug 21, 2026
Business combination
- Target
- Not disclosed in an indexed filing
- Announced
- Feb 27, 2026
Overview
Roman DBDR Acquisition Corp. II is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002032528. It completed its initial public offering in Dec 2024 and listing on Nasdaq. Class A shares trade under the ticker DRDB, units under DRDBU, warrants under DRDBW on Nasdaq. The vehicle is sponsored by Roman DBDR through Roman DBDR Acquisition Sponsor II LLC. The mandate targets technology, financial services. Definitive business-combination agreement signed, closing pending.
“we intend to focus our initial search on companies in the cybersecurity, artificial intelligence (“AI”) or financial technology (“FinTech”) industries.”
Reading the filings
Arithmetic on what Roman DBDR Acquisition Corp. II has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Time on the clock
100 days to the Dec 13, 2026 deadline. Still workable for a deal already in diligence, tight for one that has not been found. Watch for an extension proxy, which typically appears a month or two before the date.
Warrant coverage
Each unit carried one-half of one warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.
Underwriting
B. Riley Securities led the offering. It has been named on 40 SPAC IPOs, book-running 22 of them, and 8.8% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.
Scores
Recomputed 4m agoThree readings of Roman DBDR Acquisition Corp. II, each an unweighted mean of the components shown beneath it, and each component a percentile against every live SPAC rather than an absolute we invented. They describe the setup, not the merit. How they are built
FOMO
ModerateHow much attention is this vehicle attracting right now?
48/100
- Filing activity95
10 in 30 days
- News coverage0
0 stories in 30 days
- Deal freshness50
announced 189 days ago
Attention is not quality. FOMO rises on news volume and on the market paying above trust, both of which have preceded plenty of disappointments.
Potential
ElevatedHow likely is this vehicle to complete a combination, and at what scale?
57/100
- Lead bank record19
8.8%
- Bank franchise53
40 SPAC mandates
- Trust scale70
$245M
- Stage85
definitive agreement signed
Potential is about execution, not about the target. It says nothing about whether the eventual deal is worth owning, because the target is usually unknown when the score is computed.
These are derived measures, not ratings of investment merit. They carry no view on the target, no price target and no recommendation, and a high score is not a reason to buy anything.
SEC filing history
Free tier: filings older than 24 hours- 8-K
Notice of delisting or failure to satisfy a listing rule
Item 3.01 · Accession 0001104659-26-099769
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001688382-26-000033
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0000919574-26-005337
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001167557-26-000225
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001172661-26-003560
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0000312069-26-000212
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001076809-26-000081
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001104659-26-095414
- 10-Q
Quarterly report
Accession 0001104659-26-091989
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001628280-26-053615
- 8-K
Current report
Items 5.02, 9.01 · Accession 0001104659-26-069459
- 10-Q
Quarterly report
Accession 0001104659-26-064494
- 3
Initial statement of beneficial ownership
Accession 0001104659-26-062764
- NT 10-Q
Late quarterly report notification
Accession 0001104659-26-062558
- 8-K
Current report
Items 5.02, 9.01 · Accession 0001104659-26-062518
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001905106-26-000081
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0000919574-26-003196
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001172661-26-001887
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001628280-26-032403
- 3
Initial statement of beneficial ownership
Accession 0001104659-26-053210
- 8-K
Current report
Items 5.02, 9.01 · Accession 0001104659-26-050479
- 10-K
Annual report
Accession 0001104659-26-023575
- 425
Business-combination communication
Accession 0001104659-26-022880
- 425
Business-combination communication
Accession 0001104659-26-021677
- 425
Business-combination communication
Accession 0001104659-26-021635
- 425
Business-combination communication
Accession 0001104659-26-020983
- 8-K
Entry into a material definitive agreement; Regulation FD disclosure; Other events
Items 1.01, 7.01, 8.01, 9.01 · Accession 0001104659-26-020981
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001688382-26-000007
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001905106-26-000038
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001905106-25-000064
Roman DBDR Acquisition Corp. II: questions answered
What is Roman DBDR Acquisition Corp. II (DRDB)?
Roman DBDR Acquisition Corp. II is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002032528. It completed its initial public offering in Dec 2024 and listing on Nasdaq. Class A shares trade under the ticker DRDB, units under DRDBU, warrants under DRDBW on Nasdaq. The vehicle is sponsored by Roman DBDR through Roman DBDR Acquisition Sponsor II LLC. The mandate targets technology, financial services. Definitive business-combination agreement signed, closing pending.
How much does Roman DBDR Acquisition Corp. II hold in trust?
Approximately $245,480,252, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.
When must Roman DBDR Acquisition Corp. II complete a merger?
By Dec 13, 2026. If no combination closes by then the sponsor must seek a further extension or wind the vehicle up and return the trust.
What happens if Roman DBDR Acquisition Corp. II does not find a target in time?
The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.
Can I redeem shares in Roman DBDR Acquisition Corp. II, and at what price?
Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.
What tickers does Roman DBDR Acquisition Corp. II trade under?
Class A shares trade as DRDB on Nasdaq, the units as DRDBU, and the warrants as DRDBW. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.
Is the trust value the same as the share price for Roman DBDR Acquisition Corp. II?
No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.
How much dilution do Roman DBDR Acquisition Corp. II's founder shares and warrants create?
Each unit also carried one-half of one warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.
Who sponsors Roman DBDR Acquisition Corp. II, and what is their track record?
Roman DBDR Acquisition Sponsor II LLC is the sponsor entity, part of the Roman DBDR franchise. This is the only vehicle we have attributed to that sponsor.
Which banks underwrote the Roman DBDR Acquisition Corp. II IPO?
B. Riley Securities. B. Riley Securities was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is Roman DBDR Acquisition Corp. II tradeable, and where?
Yes. DRDB returned a live quote of $10.70 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.
Is Roman DBDR Acquisition Corp. II a good investment?
That is not a question this site answers. Roman DBDR Acquisition Corp. II is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.
Where does this Roman DBDR Acquisition Corp. II data come from?
Filings Roman DBDR Acquisition Corp. II submitted to the SEC under CIK 0002032528: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.
Compiled by the SPACListing research desk
Last reconciled Sep 4, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
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Continue reading
The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
Roman DBDR: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
B. Riley Securities in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Technology SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All spacs with an announced deal
Definitive business-combination agreement signed, closing pending.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.