Deep Medicine Acquisition Corp.

Status: Deal Closed
U=S+R R=S/10
IPO Proceeds, $M $126.50M
IPO Date Oct 27, 2021
CEO Humphrey P. Polanen
Left Lead I-Bankers Securities
IPO Cash in Trust 101.0%
SPAC Tenor 12 + 3 + 6 + 6 + 6
IPO Sector Healthcare
IPO Geography Global
Target Company TruGolf
Deal Announced Jul 13, 2022
Deal Size, $M $125.00M
Deal Sector Consumer
Deal Geography US/Canada
SEC Filings www.sec.gov
Approval Vote Jan 19, 2024
Amendment Vote Jan 26, 2024
Closing Date Jan 31, 2024
Formerly DMAQ TRUG

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  • Structure and cap table
  • 9 directors & officers
  • 42 filings and events
  • 3 underwriters
  • 2 legal advisors
Structure

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Team
Name Age Title
Humphrey P. Polanen 72 CEO and Chairman
Weixuan Luo 48 CFO
Ronald M. Razmi, MD 51 Director
Tina Spires 44 Director
HongLiang Ren 41 Director
Bryant E. Fong 48 Director
Marc A. Hamer 48 Director
Wanlei Miao 37 Director
John Chiang Director

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Advisors
Underwriters
I-Bankers Securities BR 8,400,000 units
Dawson James 1,600,000
Ingalls & Snyder 1,000,000
11,000,000 units
Up-Front UW fee 2.00 %
BCMA 3.50 %

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Deal

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Filings
Sep 13, 2021 Initial S-1
Oct 26, 2021

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Oct 28, 2021

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Oct 29, 2021

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Nov 30, 2021

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Jul 13, 2022

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Feb 16, 2023

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Mar 31, 2023

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Jan 2, 2024

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Jan 31, 2024

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Shareholders

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