DCAU News

Dundon Capital Acquisition, a blank check company led by the former Santander Consumer CEO, withdrew its plans for an initial public offering on Monday. It originally filed in November 2015 with a proposed deal size of $400 million. The Dallas, TX-based company was founded in 2015 and had planned to list on the Nasdaq under the symbol DCAU. UBS Investment Bank was set to be...read more

Dundon Capital Acquisition, a blank check company led by the former Santander Consumer CEO, filed and set terms on Monday with the SEC to raise up to $400 million in an initial public offering. The company plans to offer 40 million shares at $10. CEO Thomas Dundon started an auto finance business 20 years ago that grew into Santander Consumer when Banco Santander invested in...read more