Boral Buyout: Shares Stuck Around $10, Market Awaiting a Jolt
D. Boral Acquisition I Corp. closed at $9.925 on Friday, trading just below its $10 IPO price with 137,720 shares changing hands. The SPAC reported $288.9 million in its trust account and no operating revenue as of March 31. Other recent $10 SPACs also slipped below their offer prices. The Nasdaq will close Monday for Memorial Day.
