Dragoneer Growth Opportunities Corp. III

DGNU

We are a newly organized blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target.

Our sponsor is affiliated with Dragoneer Investment Group, LLC (“Dragoneer”), a registered investment adviser under the Investment Advisers Act of 1940, as amended, which was established in 2012 and had over $14 billion of assets under management as of December 31, 2020. Dragoneer’s primary business is providing discretionary investment advisory services to alternative investment funds for which Dragoneer acts as sponsor. Dragoneer provides investment advice with respect to investments in both public and private companies, and its funds have demonstrated a history of what we believe to be strong performance based on realized returns. The team at Dragoneer consists of over 40 individuals led by team members that have extensive experience and backgrounds in private equity and investment management.

We intend to pursue opportunities with private, high-quality growth companies. We will use our experience in sourcing transactions and portfolio company due diligence to seek to identify and negotiate a combination with an exceptional business. Our team focuses on software, internet, media, consumer/retail, healthcare IT and financial services/fintech, and our expectation is that our ultimate target will be in one of those sectors, although we may consummate a transaction with a business in a different industry. 
 

Offer Price Offer Size 3-Year Outlook Volatility 1st Day Turnover
$10.00 40,000,000 Positive High 32.73%

Offering Team

Deal Managers

  • Citigroup
  • Goldman Sachs
  • J P Morgan Chase

Lawyers

  • Ropes & Gray LLP

Auditors

  • WithumSmith+Brown, P.C

Pre-IPO Investors

Investors

  • Google Ventures
  • Intel Ventures
  • Patricoff Ventures
  • Kleiner Perkins

Pre-IPO Holdings(%)

  • 30
  • 20
  • 05
  • 18

Deal Highlights

Deal Tracker

Investors

Filing

22 Mar, 2021

Offer

23 Mar, 2021

Look Ahead

Lock Up Expiry

23 Sep, 2021

Earning

Nov 1, 2018

IPO Terms

Offer Price $10.00
Offer Size 40M

Market Sentiments

Stock Price