Disciplined Growth Acquisition Corporation (DGAC) reported its financial results for the quarter ending June 30, 2026, revealing a net income of $347,039 for the three-month period and $265,493 since its inception on January 19, 2026. The company generated interest income of $537,468, while incurring operating expenses of $259,896, which included general and administrative costs of $223,856 and formation costs of $36,040. The results reflect a strategic focus on preparing for a future business combination, as the company has yet to engage in any operational activities beyond its initial public offering (IPO).

The company successfully completed its IPO on May 28, 2026, raising gross proceeds of $150 million by selling 15 million public units at $10 each. Following the IPO, DGAC also executed a partial exercise of the over-allotment option, resulting in the sale of an additional 750,000 units, bringing total gross proceeds to $157.5 million. The funds from the IPO and the private placement, totaling approximately $158.3 million, have been placed in a trust account, which is intended to be used for a future business combination.

As of June 30, 2026, DGAC reported total assets of $159.8 million, with $158.8 million held in the trust account. The company has a working capital of $546,711, which is available for operational expenses and potential acquisition costs. The company’s balance sheet reflects a total of 16,813,500 Class A ordinary shares and 5,250,000 Class B ordinary shares outstanding, with a significant portion of Class A shares subject to possible redemption.

In terms of operational developments, DGAC has not yet identified a specific target for its business combination, which must be completed by August 28, 2027. The company is focusing on sectors such as financial technology, aerospace and defense technology, and clean technology. Management has indicated that they are actively evaluating potential acquisition candidates and expect to incur significant costs in this pursuit. The company has also established an administrative services agreement with its sponsor, under which it will reimburse $20,000 per month for office space and administrative support.

Looking ahead, DGAC's management remains optimistic about identifying a suitable business combination, although they acknowledge the inherent risks associated with early-stage companies. The company has indicated that it may need to raise additional funds to meet operational needs or to facilitate a business combination, depending on the costs incurred during the acquisition process.

About DISCIPLINED GROWTH ACQUISITION Corp

About 10-Q Filings

A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.

Key points about the 10-Q:

  • Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
  • Content: It includes:
    • Financial statements showing the company's current financial position
    • Updates from management on the performance and projections of the business
    • Information about potential risks the company faces
    • Details on how the company is run internally
  • Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.

Our Methodology

AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.

Our method:

  1. Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
  2. AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
  3. Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
  4. Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
  5. Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Read more about AssetRoom

Feedback & Corrections

Spot an error or have a suggestion? Contact us.

View the complete official filing on the SEC website.

Read on SEC.gov