Research analysts covering BTC Development.
Recent press releases and 8-K filings for BDCI.
BTC Development Corp. Completes Initial Public Offering and Private Placement
BDCI
New Projects/Investments
- BTC Development Corp. completed its Initial Public Offering (IPO) on October 1, 2025, selling 25,300,000 units at $10.00 per unit, generating $253,000,000 in gross proceeds.
- Simultaneously, the company completed a private placement of 760,000 units at $10.00 per unit, generating $7,600,000 in gross proceeds.
- A total of $253,000,000 from the net proceeds of the IPO and private placement was placed in a trust account established for the benefit of public shareholders.
- The company was incorporated for the purpose of effecting a business combination and is classified as an early stage and emerging growth company.
Oct 7, 2025, 8:01 PM
BTC Development Corp. Completes Initial Public Offering
BDCI
M&A
New Projects/Investments
- BTC Development Corp. completed its initial public offering (IPO) on October 3, 2025, raising $253,000,000 in gross proceeds.
- The IPO involved the sale of 25,300,000 units at a price of $10.00 per unit, which included the full exercise of the underwriters' over-allotment option for 3,300,000 units.
- Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, with each whole warrant exercisable for one Class A ordinary share at $11.50 per share.
- The company's units began trading on the Nasdaq Global Market under the ticker symbol "BDCIU" on September 30, 2025.
- $253,000,000 of the proceeds was placed into a trust account for the benefit of its public shareholders.
Oct 3, 2025, 8:32 PM
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