Back to News
Oct 30, 2025 12:50 PM

Insight Digital Partners II Announces Closing of $172.5 Million Initial Public Offering Including Exercise of Underwriters' Over-Allotment Option in Full

NEW YORK, NEW YORK, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Insight Digital Partners II (NASDAQ:DYORU) (the "Company") today announced the closing of its initial public offering of 17,250,000 units, which includes 2,250,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full, at a public offering price of $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share.

The units are listed on The Nasdaq Global Market ("Nasdaq") and commenced trading under the ticker symbol "DYORU" on October 29, 2025. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "DYOR" and "DYORW," respectively.

Concurrently with the closing of the initial public offering, the Company closed on a private placement of 5,450,000 warrants at a price of $1.00 per warrant, resulting in gross proceeds of $5,450,000. Insight Digital Partners Sponsor LLC, the Company's sponsor, purchased 3,725,000 of the private placement warrants and Cohen & ...