Press release·08/14/2026 15:21:30

Overview

Disciplined Growth Acquisition Corp. is a blank check company incorporated in the Cayman Islands on January 19, 2026, for the purpose of effecting a business combination. The company’s sponsor is Disciplined Growth Sponsor LLC.

Although the company is not limited in its search for target businesses to a particular industry or sector, it is focusing its search on the financial technology, aerospace and defense technology, clean technology and other sectors with disruptive market opportunities. The company expects to incur significant costs in the pursuit of its acquisition plans, and there is no assurance that its plans to complete a business combination will be successful.

The company’s IPO registration statement became effective on May 26, 2026. On May 28, 2026, the company consummated its initial public offering of 15,750,000 public units, each consisting of one public share and one public right, at a price of $10.00 per unit, generating gross proceeds of $157,500,000. Simultaneously, the company completed the sale of 354,750 private placement units to the sponsor, Maxim and/or its designees, and the at-risk capital investors, generating additional gross proceeds of $3,551,900.

The company has until August 28, 2027 (15 months from the closing of the initial public offering) to consummate a business combination. If the company is unable to complete the business combination by the end of the combination period, it will cease all operations except for the purpose of winding up and redeeming the public shares.

Recent Developments

On July 10, 2026, the remainder of the over-allotment option expired unexercised, and consequently, 500,000 Class B ordinary shares were forfeited by the sponsor.

Results of Operations

The company has not engaged in any operations or generated any revenues to date. Its only activities since inception have been organizational activities and activities relating to the initial public offering and identifying and evaluating prospective acquisition candidates. The company will not generate any operating revenues until after completion of its initial business combination.

For the three months ended June 30, 2026, the company had a net income of $347,039, which consisted of a change in fair value of the over-allotment option of $69,467, interest income of $537,468, offset by general and administrative costs of $223,856 and formation costs of $36,040.

For the period from January 19, 2026 (inception) through June 30, 2026, the company had a net income of $265,493, which consisted of a change in fair value of the over-allotment option of $69,467, interest income of $537,468, offset by general and administrative costs of $294,360 and formation costs of $47,082.

Liquidity and Capital Resources

The company’s liquidity needs through May 28, 2026, were satisfied through a contribution of $25,000 from the sponsor in exchange for the issuance of founder shares and a loan pursuant to the IPO promissory note. Following the initial public offering and the private placement, the company’s liquidity needs have been satisfied through the net proceeds from the consummation of the initial public offering and private placement held outside of the trust account.

As of June 30, 2026, the company had $696,289 in cash and a working capital of $546,711. Following the initial public offering, including the partial exercise of the over-allotment option, and the private placement, a total of $158,287,500 was placed in the trust account.

The company may withdraw interest from the trust account to pay taxes, if any. It intends to use substantially all of the funds held in the trust account, including any amounts representing interest earned on the trust account, to complete its business combination. The company may also use a portion of the working capital held outside the trust account to repay any working capital loans, but no proceeds from the trust account will be used for such repayment.

Contractual Obligations

The company has the following contractual obligations:

1. Administrative Services Agreement: Commencing on May 26, 2026, and until the completion of the company’s business combination or liquidation, it shall reimburse the sponsor $20,000 per month for office space, utilities and secretarial and administrative support.

2. Underwriting Agreement: The underwriters had a 45-day option to purchase up to 2,250,000 additional option units to cover any over-allotments, and they were entitled to a cash underwriting discount of $0.08 per public unit, or $1,260,000 in the aggregate.

3. Representative Shares: The company issued an aggregate of 708,750 representative shares to the underwriters or their designees, which are subject to a lock-up period of 180 days.

4. Registration Rights Agreement: The holders of the founder shares, representative shares, private placement units, and any private placement-equivalent units issued in connection with the working capital loans are entitled to registration rights.

5. Letter Agreement: The company’s sponsor, directors, and officers have entered into a letter agreement with the company, which includes various waivers and transfer restrictions.

Critical Accounting Estimates

The preparation of the company’s unaudited condensed financial statements and notes thereto requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, income and expenses, and the disclosure of contingent assets and liabilities. As of June 30, 2026, the company has recognized fair value on its public rights and over-allotment option liability.

Recent Accounting Standards

The company adopted ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures,” on January 19, 2026, the date of its incorporation. Management does not believe that there are any other recently issued, but not yet effective, accounting standards that would have a material effect on the company’s unaudited condensed financial statements and notes thereto.