Financial Performance - For the year ended December 31, 2025, the company reported a net income of $4,249,896, driven by earnings and realized gains on cash equivalents held in the Trust Account of $4,606,744[315]. - The company generated gross proceeds of $172,500,000 from its Initial Public Offering of 17,250,000 units, including 2,250,000 units from the underwriters' over-allotment option[320]. - Net cash used in operating activities for the year ended December 31, 2025, was $14,833, with adjustments for earnings on marketable securities totaling $4,624,457[317]. - The company incurred general and administrative expenses of $374,202 for the year ended December 31, 2025[315]. - Net cash provided by financing activities for the year ended December 31, 2025, was $173,563,004, attributed to proceeds from the sale of units and private placement warrants[319]. Business Operations - The company has not engaged in any operations or generated revenues to date, with expectations to do so only after completing its initial Business Combination[314]. - The company intends to use substantially all funds held in the Trust Account to complete its initial Business Combination and may withdraw interest to pay taxes[324]. Financial Obligations - The company has a promissory note from the Sponsor for up to $300,000 to cover expenses related to the Initial Public Offering, which was fully paid during the year ended December 31, 2025[329]. - As of December 31, 2025, the company did not have any off-balance sheet arrangements[327]. Going Concern - The company faces substantial doubt about its ability to continue as a going concern due to mandatory liquidation considerations[326].

Financial Performance - For the three months ended September 30, 2025, the company reported a net income of $1,685,701, driven by investment earnings on marketable securities held in the Trust Account of $1,801,001[126]. - For the nine months ended September 30, 2025, the company achieved a net income of $2,684,336, with general and administrative expenses totaling $270,631[127]. Initial Public Offering - The company completed its Initial Public Offering on April 30, 2025, raising gross proceeds of $172,500,000 from the sale of 17,250,000 units[131]. - The company generated gross proceeds of $5,450,000 from the sale of 5,450,000 Private Placement Warrants at a price of $1.00 per warrant[132]. - The company placed $172,500,000 from the net proceeds of the Initial Public Offering into a Trust Account for future business combinations[133]. Cash Flow and Financing Activities - As of September 30, 2025, the company had net cash used in operating activities of $117,422 and net cash provided by financing activities of $173,563,004[129][130]. - The company expects to use funds in the Trust Account primarily to complete its initial Business Combination and may withdraw interest to pay taxes[134]. Accounting and Reporting Standards - The Financial Accounting Standards Board issued ASU 2023-07, effective for fiscal years beginning after December 15, 2023, requiring enhanced segment reporting disclosures[147]. - Public entities must disclose significant segment expenses and the title and position of the chief operating decision maker (CODM) in assessing segment performance[148]. - The Company adopted ASU 2023-07 on December 9, 2024, the date of its incorporation[148]. - The management does not anticipate that recently issued accounting pronouncements will materially affect the financial statements[149]. - The Company is classified as a smaller reporting company and is not required to provide certain market risk disclosures[150]. Going Concern and Redemption Features - The company has determined that mandatory liquidation raises substantial doubt about its ability to continue as a going concern[136]. - The company has a redemption feature for its Class A ordinary shares, with a redemption value of $10.17 per share as of September 30, 2025[146]. Off-Balance Sheet Arrangements - The company has no off-balance sheet arrangements as of September 30, 2025[137].

Financial Performance - For the three months ended June 30, 2025, the company reported a net income of $1,051,484, driven by investment earnings on marketable securities of $1,147,520, offset by general and administrative expenses of $96,036[123] - For the six months ended June 30, 2025, the company had a net income of $998,635, resulting from earnings and realized gains on marketable securities of $1,147,520, with general and administrative expenses totaling $148,885[123] Initial Public Offering - The company completed its Initial Public Offering on April 30, 2025, raising gross proceeds of $172,500,000 from the sale of 17,250,000 units, including 2,250,000 units from the underwriters' over-allotment option[127] - The company also raised $5,450,000 from the sale of 5,450,000 Private Placement Warrants at a price of $1.00 per warrant[128] - The company placed $172,500,000 from the Initial Public Offering proceeds into a Trust Account, which will be used to complete its initial Business Combination[129] - The company expects to use the funds in the Trust Account, including interest earned, to pay taxes and finance operations of the target business post-Business Combination[130] - The company does not anticipate needing to raise additional funds for operating expenditures following the Initial Public Offering, but may require additional financing for the Business Combination[131] Cash Flow and Financial Position - As of June 30, 2025, the company had net cash used in operating activities of $158,436, with adjustments for earnings on marketable securities and related party promissory notes[125] - As of June 30, 2025, the company did not have any off-balance sheet arrangements[132] Shareholder Information - The company’s Class A ordinary shares have a redemption feature allowing for redemption in connection with liquidation events, with a redemption value of $10.07 per share as of June 30, 2025[141] Accounting Standards - The Company adopted ASU 2023-07 on December 9, 2024, the date of its incorporation[143] - The ASU requires public entities to disclose the title and position of the CODM and how segment profit or loss measures are used for performance assessment and resource allocation[143] - The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted[143] - The Company's management does not believe that any recently issued accounting pronouncements will have a material effect on the financial statements[144] - The Company is classified as a smaller reporting company and is not required to provide certain market risk disclosures[145]

Financial Performance - The company reported a net loss of $52,849 for the three months ended March 31, 2025, attributed entirely to general and administrative expenses [109]. - The company had net cash used in operating activities of $25,000 for the three months ended March 31, 2025, due to its net loss [110]. - The company does not expect to generate operating revenues until after the completion of its initial Business Combination [108]. Initial Public Offering (IPO) - The company completed its Initial Public Offering on April 30, 2025, raising gross proceeds of $172,500,000 from the sale of 17,250,000 units, including 2,250,000 units from the underwriters' over-allotment option [111][130]. - The company also sold 5,450,000 Private Placement Warrants at $1.00 per warrant, generating additional gross proceeds of $5,450,000 [112][131]. - Following the IPO, $172,500,000 was placed in a Trust Account, with the expectation that these funds will be used to complete the initial Business Combination [113][133]. - The company incurred total underwriting discounts and commissions of $10,350,000 and approximately $700,000 in other costs related to the IPO [134]. Financial Obligations - As of March 31, 2025, the company had $112,848 outstanding under a promissory note from the sponsor, which was repaid in full upon the closing of the IPO [118]. - The company believes it will not need to raise additional funds to meet operating expenditures prior to the initial Business Combination [115]. - The company has no off-balance sheet arrangements as of March 31, 2025 [116]. Compliance and Reporting - The company has filed various exhibits as part of its Quarterly Report on Form 10-Q, including an Underwriting Agreement and several agreements related to warrants and investment management [140]. - The Principal Executive Officer and Chief Financial Officer have signed the report, indicating compliance with the Securities Exchange Act of 1934 [145][146].

As filed with the U.S. Securities and Exchange Commission on April 23, 2025. Registration No. 333-284777 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 5 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Real Asset Acquisition Corp. (Exact name of registrant as specified in its charter) _____________________________________ | Cayman Islands | 6770 | N/A | | --- | --- | --- | | (State or other jurisdiction of | (Pr ...

As filed with the U.S. Securities and Exchange Commission on April 23, 2025. Registration No. 333-284777 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ AMENDMENT NO. 4 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Real Asset Acquisition Corp. (Exact name of registrant as specified in its charter) _____________________________________ | Cayman Islands | 6770 | N/A | | --- | --- | --- | | ...

As filed with the U.S. Securities and Exchange Commission on April 14, 2025. Registration No. 333-284777 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ AMENDMENT NO. 3 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Real Asset Acquisition Corp. (Exact name of registrant as specified in its charter) _____________________________________ | Cayman Islands | 6770 | N/A | | --- | --- | --- | | ...

As filed with the U.S. Securities and Exchange Commission on April 1, 2025. Registration No. 333-284777 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Real Asset Acquisition Corp. (Exact name of registrant as specified in its charter) _____________________________________ | Cayman Islands | 6770 | N/A | | --- | --- | --- | | ...

As filed with the U.S. Securities and Exchange Commission on March 14, 2025. Registration No. 333-284777 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Elliott Smith Perkins Coie LLP 1155 Avenue of the Americas New York, New York 10036 Tel: (212) 262-6900 Alex Davies Conyers Dill & Pearman LLP SIX, 2 nd Floor, Cricket Square, PO Box 2681 Grand Cayman KY1-1111, Ca ...

174 Nassau Street, Suite 2100 Princeton, New Jersey 08542 Tel: (609) 924-0759 (Address, including zip code, and telephone number, including area code, of registrant's principal executive As filed with the U.S. Securities and Exchange Commission on February 7, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Real Asset ...