Financing ·
On June 12, 2026, Translational Development Acquisition Corp. issued 4,657,499 Class A ordinary shares to TDAC…
TDACTranslational Development Acquisition Corp.
On June 12, 2026, Translational Development Acquisition Corp. issued 4,657,499 Class A ordinary shares to TDAC Partners LLC. This issuance resulted from the conversion of an equivalent number of Class B ordinary shares held by the Sponsor. The transaction generated no cash proceeds and did not impact the company's trust account or the per-share redemption value, which was approximately $10.69. Following this conversion, 21,907,499 Class A ordinary shares and one Class B ordinary share are outstanding. The company is a special purpose acquisition company.