Rithm Acquisition Corp.RAC

NYSEFinanceBlank Checks
Price (close)
$10.57
Market cap
—
P/E
—
Revenue (FY)
—
Net income
—
Dividend yield
—
1-year total return
3.1%
Net margin
—
Revenue growth
—
Debt / equity
—

What Rithm Acquisition Corp. does.

We are a blank check company incorporated on November 21, 2024, as a Cayman Islands exempted company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this Annual Report as our “initial business combination” or our “business combination”. Our sponsor is an affiliate of Rithm, a global asset manager focused on the real estate, credit and financial services.

While we may pursue an acquisition opportunity in any business, industry, sector, or geographical location, we intend to focus on industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business. In particular, we intend to target companies in the financial services and real estate sectors where our management team has extensive investment and operational experience. In addition, we expect to evaluate opportunities relating to digital infrastructure, including opportunities at the convergence of infrastructure and technology. We believe this sector has many similar characteristics to the real estate sector that are applicable to the specialties of our management team.

Revenue and profit, by fiscal year.

Fiscal year2025

More on RAC.

Figures from Rithm Acquisition Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.