新闻 March 26, 2021

Disruptive Acquisition Corporation I’s $250 Million IPO

Shearman & Sterling advised Credit Suisse and Citigroup as book-running managers on the initial public offering of Disruptive Acquisition Corporation I, a special-purpose acquisition company, of 25 million units at an offering price of $10 per unit, each unit consisting of one Class A ordinary share and one-third of one redeemable warrant.

Disruptive Acquisition Corporation I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company intends to focus on businesses operating in the health and wellness, entertainment and consumer-facing technology sectors. The company is led by Alexander J. Davis, Chief Executive Officer and Chairman of the board of directors of the company, and Founder and Chief Executive Officer of Disruptive Technology Advisers.

To further enhance the company’s access and reach in identifying a potential business combination, it has created an Athlete Advisory Council, comprised of elite athletes across a range of professional sports and geographies. The current members of the Athlete Advisory Council are Justin B. Verlander, Canelo S. Alvarez Barragan, Patrick L. Mahomes II, Naomi Osaka and Robert Lewandowski.

The Team