DP Cap Acquisition I company info

What does DP Cap Acquisition I do?
DP Cap Acquisition I (NASDAQ:DPCS) focuses on identifying and merging with businesses, aiming to create value for its stakeholders through strategic acquisitions. This endeavor primarily seeks opportunities within sectors ripe for innovation and growth, leveraging management's expertise to unlock potential. The company operates with the objective of facilitating successful mergers, acquisitions, or similar business combinations, positioning it as a catalyst for transformation and growth in the industries it engages with. DP Cap Acquisition I targets companies with robust market potential, intending to enhance operational efficiencies and drive profitability post-transaction. Through meticulous selection and comprehensive due diligence, it aims to ensure that each project aligns with its strategic objectives, fostering sustainable growth and long-term value creation.
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Company Snapshot

Is DP Cap Acquisition I a public or private company?

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Ownership
Public

How many people does DP Cap Acquisition I employ?

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Employees
23

What sector is DP Cap Acquisition I in?

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Sector
Financials

Where is the head office for DP Cap Acquisition I ?

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Head Office
Boston, United States

What year was DP Cap Acquisition I founded?

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Year Founded
2021
What does DP Cap Acquisition I specialise in?
/Special Purpose /Acquisition Company /Capital Investment /Public Equity /Business Mergers /Asset Purchasing

What are the products and/or services of DP Cap Acquisition I ?

Overview of DP Cap Acquisition I offerings
Capital Raising: DPCS raised money through an initial public offering (IPO), selling units to investors on the Nasdaq stock exchange.
Target Company Search: The funds raised were intended to be used to identify and acquire a promising private company. There wasn't an official confirmation regarding a specific industry target, but some sources suggested an interest in the technology, media, and telecommunications (TMT) sector.
Business Combination: If a suitable target company was found, DPCS would then merge with it, essentially taking the private company public.
Public Listing: Through the merger, the private company would begin trading on the stock market under DPCS's ticker symbol.
Management Expertise: The DPCS team likely had experience in evaluating and guiding businesses. They might have offered support to the acquired company after the merger.
Facilitating Public Funding: By merging with DPCS, the private target company would have bypassed the traditional IPO process and gained access to public capital markets for funding.

Who is in the executive team of DP Cap Acquisition I ?

DP Cap Acquisition I leadership team
  • Mr. Scott L. Savitz
    Mr. Scott L. Savitz
    CEO & Chairman
  • Mr. Bruce D. Revzin CPA, J.D.
    Mr. Bruce D. Revzin CPA, J.D.
    CFO, Principal Financial Officer & Principal Accounting Officer