The new company aims to combine with a financial services target that would benefit from the application of innovative new technology. DHB is led by Co-Executive Chairmen Richard M. DeMartini and Robert J. Hurst alongside CEO and President Alex Binderow.
Total SPAC deal count for 2021 year-to-date is now 196. This offering is expected to close on Thursday, March 4.
BofA Securities, Inc. and RBC Capital Markets, LLC are acting as the book-running managers for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.