Insight Digital Partners II closes IPO of 17.25M units at $10, raising $172.5M; trust funded

Insight Digital Partners II

IPO of 17,250,000 units (including full over-allotment exercise) at $10.00 per unit.
Gross proceeds of $172.5M from IPO; $5.45M from private placement warrants sold to sponsor and underwriters.
Proceeds of $172.5M deposited in trust account; deferred underwriting fee of $6.9M.
Private placement of 5,450,000 warrants at $1.00 each to sponsor (3.725M) and underwriters (1.725M).
Audited balance sheet as of Oct 30, 2025 filed; company has 24 months to complete a business combination.

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