Roman DBDR Acquisition Corp II (DRDB) is a blank-check special purpose acquisition company incorporated in 2024 that raised capital through an IPO to identify and merge with a private operating business. It generates no operating revenue. Income consists entirely of interest earned on funds held in a Trust Account, which totaled $241,188,555 as of December 31, 2025, producing $9,721,281 in interest income for the year ended December 31, 2025. The company's stated acquisition focus is technology businesses, with particular interest in cybersecurity and AI-related sectors. A pending transaction, the ThomasLloyd Business Combination, was disclosed in the 10-K filed March 4, 2026. Dixon Doll, Jr. serves as Chairman and CEO. The company was incorporated July 25, 2024, and B. Riley Securities, Inc. acted as sole book-running manager for the IPO.

Revenue model

No operating revenue. Income derives from interest earned on IPO proceeds held in a Trust Account. For the year ended December 31, 2025, interest earned on the Trust Account was $9,721,281. Substantially all Trust Account funds are designated for use in completing a business combination.

Products and services

Blank-check SPAC vehicle seeking a merger, capital share exchange, asset acquisition, share purchase, or similar business combination with one or more technology-sector businesses, with stated focus areas including cybersecurity and AI.

Customers and end markets

No commercial customers. End beneficiaries are public shareholders who hold Class A Ordinary Shares. Founder Shares (Class B) convert to Class A on a one-for-one basis upon completion of the initial business combination, subject to anti-dilution adjustment maintaining 25% of total shares outstanding.

Value-chain role

Acquisition vehicle providing capital and management access to private technology companies seeking a public listing path. B. Riley Securities serves as marketing and capital markets advisor, entitled to a fee equal to 4.5% of gross IPO proceeds, structured at closing of the ThomasLloyd Business Combination.

Geographic exposure

Primary acquisition focus is U.S.-based companies. International targets with proven business models are also considered per the 10-K filed March 4, 2026.

Source: SEC 10-K, filed 2026-03-04

Industry: Blank Checks