About Dragoneer Growth Opportunities Corp. III Class A Ordinary Shares
Dragoneer Growth Opportunities Corp. III is a blank check company. The company was formerly known as Dragoneer Growth Opportunities Alpha Corp. and changed its name to Dragoneer Growth Opportunities Corp. III in February 2021. Dragoneer Growth Opportunities Corp. III was incorporated in 2020 and is based in San Francisco, California. Address: One Letterman Drive, San Francisco, CA, United States, 94129
Dragoneer Growth Opportunities Corp. III Class A Ordinary Shares News and around…
Latest news about Dragoneer Growth Opportunities Corp. III Class A Ordinary Shares (DGNU) common stock and company :
As previously disclosed in the Form 12b-25 filed on May 18, 2021 by Dragoneer Growth Opportunities Corp. III (Nasdaq: DGNU) (the “Company”) with the U.S. Securities and Exchange Commission (the “SEC”), the Company is reevaluating the accounting treatment of the Company’s private placement warrants (the “Warrants”) and of the forward purchase agreement between the Company and Dragoneer Funding III LLC (the “Forward Purchase Agreement”), in light of the SEC’s recently issued “Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (“SPACs”)” (the “Staff Statement”). This Staff Statement issued on April 12, 2021 informed market participants that warrants issued by SPACs and former SPACs may need to be reclassified as liabilities with non-cash fair value adjustments recorded in earnings at each reporting period.
Dragoneer Growth Opportunities Corp. III (the “Company”) announced today the pricing of its initial public offering of 40,000,000 Class A ordinary shares at a price to the public of $10.00 per share. The shares are expected to begin trading on the Nasdaq Capital Market in the United States under the ticker symbol “DGNU”. The initial public offering is expected to close on March 25, 2021, subject to customary closing conditions.