D. Boral Acquisition I Corp., a blank check company, was incorporated on April 3, 2025 in the British Virgin Islands. The purpose of its establishment is to carry out a merger, merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more enterprises. 

D. Boral Capital has served as the sole underwriter for the initial public offering (IPO) of Southern Cross Acquisition I, a special purpose acquisition company (SPAC) formed to pursue a business combination with a target company in the technology, healthcare, or logistics sectors. The offering, which closed on February 12, 2026, raised $287.5 million through the sale of 28,750,000 units at $10.00 per unit, including <a href="https://dboralcapital.com/news/d-boral-capital-acted-as-sole-bookrunner-to-d-boral-acquisition-i-corp-nasdaq-dbcau-in-connection-with-its-287500000-initial-public-offering/">the full exercise of the</a> underwriters’ over-allotment option. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with the securities expected to <a href="https://dboralcapital.com/news/d-boral-capital-acted-as-sole-bookrunner-to-d-boral-acquisition-i-corp-nasdaq-dbcau-in-connection-with-its-287500000-initial-public-offering/">trade separately on the Nasdaq</a> Global Market under the ticker symbols “DBCA” and “DBCAW”.Southern Cross Acquisition I is led by David W. Boral, founder and CEO of D. Boral Capital, and John Darwin, Chief Investment Officer of the firm, who also <a href="https://www.renaissancecapital.com/IPO-Center/News/116920/SPAC-D.-Boral-Acquisition-I-prices-$250-million-IPO-led-by-CEO-of-boutique-">serves as CFO and CIO</a> of the SPAC. The company aims to identify and acquire a business with a <a href="https://www.renaissancecapital.com/IPO-Center/News/116920/SPAC-D.-Boral-Acquisition-I-prices-$250-million-IPO-led-by-CEO-of-boutique-">strong competitive position, experienced management</a> team, and scalable operations across multiple geographies.This offering follows a series of successful SPAC transactions led by D. Boral Capital, including its role as sole underwriter in the $894 million business combination between Burtech Acquisition Corp. and Blaize, Inc., and the <a href="https://dboralcapital.com/news/d-boral-capital-served-as-the-sole-underwriter-on-the-ipo-of-burtech-acquisition-corp-nasdaq-brkh-which-recently-completed-an-894-million-business-combination-with-blaize-inc-blaize/?source=news2">$250 million IPO of D. Boral</a> Acquisition I. The firm has also facilitated the public listing of Tianji Tire Global (Cayman) Limited through <a href="https://dboralcapital.com/news/d-boral-capital-acted-as-the-sole-underwriter-on-the-ipo-of-embrace-change-acquisition-corp-nasdaq-emcg-which-recently-announced-a-merger-with-tianji-tire-global-cayman-limited/">a merger with Embrace Change Acquisition</a> Corp.D. Boral Capital, a New York-based investment bank, has executed over 400 transactions since its inception in 2020, <a href="https://dboralcapital.com/news/d-boral-capital-acted-as-sole-bookrunner-to-d-boral-acquisition-i-corp-nasdaq-dbcau-in-connection-with-its-287500000-initial-public-offering/">raising approximately $35 billion in</a> capital across a range of financial products, including IPOs, SPACs, and private placements. The firm is a member of FINRA and SIPC and has recently been <a href="https://www.instagram.com/p/DO6bTcqiURV/">approved as a Limited Underwriting</a> Member of the New York Stock Exchange.<img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-1ca9afc0022d1002.png" alt="Southern Cross acquisition I - D. Boral Capital is the underwriter to IPO">

D. Boral Acquisition I

Southern Cross acquisition I - D. Boral Capital is the underwriter to IPO

According to the 15-minute chart of D. Boral Acquisition I, the moving average of 20 days has recently turned upward, indicating a shift in market sentiment towards a bullish trend. This suggests that buyers are gaining control and driving the price upward in the short term.

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