QDRO Acquisition, a blank check company targeting the financial services sector, filed on Friday with the SEC to raise up to $200 million in an initial public offering.
The company plans to raise $200 million by offering 20 million units at $10. Each unit contains one share of common stock and one-half of one warrant, exercisable at $11.50.
QDRO Acquisition is led by CEO and Director Michael Fox-Rabinovitz, who serves as CIO and Partner at Chartwell Capital, and CFO Paul Sykes, who serves as CFO of Apex Treasury. The SPAC plans to target the financial services sector, focusing on legacy financial firms that it can introduce to a large and growing customer base in order to generate greater future value.
The New York, NY-based company was founded in 2025 and plans to list on the Nasdaq under the symbol QADRU. Cantor Fitzgerald is the sole bookrunner on the deal.
