Digital Transformation Opportunities Corp. (DTOCU) Prices Upsized $300M IPO

Digital Transformation Opportunities Corp. announced the pricing of its upsized $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “ESM.U,” Wednesday, March 10.

The new company aims to combine with a healthcare technology company with a compelling customer value proposition and entrepreneurial management. Digital Transformation is led by Chairman and CEO Kevin Nazemi alongside CFO and Secretary Kyle Francis.

Total SPAC deal count for 2021 year-to-date is now 239. This offering is expected to close on Friday, March 12.

Barclays Capital Inc. is acting as sole book-running manager for the offering.  Paul Hastings LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.