Digital Transformation Opportunities Corp. announced that it has received $150,000 in a private placement transaction from Digital Transformation Sponsor LLC on March 6, 2023. The company issued non-interest bearing, unsecured promissory note in the transaction.

Al unpaid principal under the note will be due and payable in full upon the earlier of the date of the consummation of the company's initial business combination and the date of the liquidation of the company.