Translational Development Acquisition Corp. (TDACW)
NASDAQ · Holding & Investment Offices · Blank Checks
- Price
- $1.41
- Day
- -8.83%
Close 2026-09-24.
The company
General We are a blank check company incorporated on April 19, 2022 in Cayman Islands as an exempted company, incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer herein as our “initial business combination” or “Business Combination.” The registration statement (File No. 333-282763) (the “Registration Statement”) for our initial public offering was declared effective on December 20, 2024 (the “IPO”). On December 24, 2024, we consummated the IPO of 17,250,000 units (the “Units”), which includes the full exercise of the underwriter’s over-allotment option. Each Unit consists of one Class A ordinary share (the “Ordinary Share”) and one-half of one redeemable warrant (the “Warrant”), each whole Warrant entitling the holder thereof to purchase one Ordinary Share for $11.50 per share. The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $172,500,000. Simultaneously with the closing of the IPO, we consummated the private placement (“Private Placement”) with TDAC Partners LLC (the “Sponsor”) and BTIG LLC (the “Underwriter”), an aggregate of 7,075,000 (the “Private Placement Warrants”) at a price of $1.00 per warrant, generating total proceeds of $7,075,000. Of those 7,075,000 Private Placement Warrants, the Sponsor purchased 4,850,000 Private Placement Warrants and the Underwriter purchased 2,225,000 Private Placement Warrants.
From Item 1: General.
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- Linden Advisors LP — $1.87M
- LMR Partners LLP — $1.08M
- Magnetar Financial LLC — $731.14K
- AQR Arbitrage LLC — $727.99K
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND — $594K
- Polar Asset Management Partners Inc. — $570K
- Shaolin Capital Management LLC — $523.34K
- RIVERNORTH CAPITAL MANAGEMENT, LLC — $475K
Recent filings
- 425 — 2026-09-14
- 10-Q — 2026-08-14
- SCHEDULE 13G — 2026-08-14
- SCHEDULE 13G/A — 2026-08-14
- SCHEDULE 13G/A — 2026-08-12
- 425 — 2026-08-03
- 425 — 2026-07-28
- 425 — 2026-07-27
- 8-K — 2026-07-27
- SCHEDULE 13G/A — 2026-07-16