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Real Asset Acquisition Corp Unit(RAAQU) - 2025 Q4 - Annual Report
2026-03-02 23:27
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, primarily 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 activities limited to organizational efforts and identifying a target company for a Business Combination[314]. - The company intends to use substantially all funds held in the Trust Account to complete its initial Business Combination[324]. - The company has determined that mandatory liquidation raises substantial doubt about its ability to continue as a going concern, with efforts ongoing to complete a Business Combination before the liquidation date[326]. Financial Arrangements - As of December 31, 2025, the company did not have any off-balance sheet arrangements[327]. - 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].
Real Asset Acquisition Corp Unit(RAAQU) - 2025 Q3 - Quarterly Report
2025-11-13 22:37
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]. Capital Raising - 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[131]. - The company raised an additional $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 - 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 substantially all funds in the Trust Account to complete its initial Business Combination and may withdraw interest to pay taxes[134]. Going Concern - The company has determined that mandatory liquidation raises substantial doubt about its ability to continue as a going concern[136]. Shareholder Information - The redemption value of the company's Class A ordinary shares is $10.17 per share as of September 30, 2025[146]. Accounting Standards - The Financial Accounting Standards Board issued ASU 2023-07, requiring disclosures of significant segment expenses and other segment items for segment profit or loss assessments[147]. - Public entities must disclose the title and position of the Chief Operating Decision Maker (CODM) and how they use reported measures for resource allocation decisions[148]. - The ASU is effective for fiscal years beginning after December 15, 2023, with early adoption permitted[148]. - The Company adopted ASU 2023-07 on December 9, 2024, coinciding with its incorporation[148]. - Management does not anticipate that recently issued accounting pronouncements will materially affect the financial statements[149]. - The Company qualifies as a smaller reporting company and is not required to provide certain market risk disclosures[150].
Real Asset Acquisition Corp Unit(RAAQU) - 2025 Q2 - Quarterly Report
2025-08-19 20:10
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] - The redemption value of the company's Class A ordinary shares is $10.07 per share as of June 30, 2025, reflecting the nature of these shares as redeemable[141] Accounting Standards and Compliance - 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 they assess segment performance[143] - The ASU is effective for fiscal years beginning after December 15, 2023, with early adoption permitted[143] - The Company's management does not believe that any recently issued accounting pronouncements will materially affect the financial statements[144] - The Company is classified as a smaller reporting company and is not required to provide certain market risk disclosures[145]
Real Asset Acquisition Corp Unit(RAAQU) - 2025 Q1 - Quarterly Report
2025-06-12 20:20
Financial Performance - The company reported a net loss of $52,849 for the three months ended March 31, 2025, attributed to general and administrative expenses [109]. - As of March 31, 2025, net cash used in operating activities was $25,000, resulting from the net loss offset by changes in working capital accounts [110]. - 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 [108]. 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 [111]. - An additional $5,450,000 was raised from the sale of 5,450,000 Private Placement Warrants at $1.00 per warrant [112]. - The total underwriting discounts and commissions paid amounted to $10,350,000, with an additional $6,900,000 deferred [134]. - The company placed $172,500,000 from the Initial Public Offering proceeds into a Trust Account for future business combinations [113]. - The company intends to use funds in the Trust Account primarily to complete its initial Business Combination and may withdraw interest to pay taxes [114]. Regulatory Compliance - The company has filed various exhibits as part of its Quarterly Report on Form 10-Q, including an Underwriting Agreement and several other agreements related to its Initial Public Offering [140]. - The report includes certifications from the Principal Executive Officer and Principal Financial Officer as required by the Sarbanes-Oxley Act [31.1][31.2]. - The report is signed by the Principal Executive Officer and Chief Financial Officer, indicating compliance with regulatory requirements [145][146]. - There were no defaults upon senior securities reported by the company [136]. - The company has not disclosed any mine safety information as it is not applicable [137]. - The company has not reported any other significant information outside of the required disclosures [138]. Contractual Obligations - The company has contractual obligations to register up to 12,700,000 Class A ordinary shares and 6,500,000 warrants under a registration rights agreement [117]. - The company has no off-balance sheet arrangements as of March 31, 2025 [116].
Real Asset Acquisition Corp Unit(RAAQU) - Prospectus(update)
2025-04-23 20:47
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 ...
Real Asset Acquisition Corp Unit(RAAQU) - Prospectus(update)
2025-04-23 13:24
As filed with the U.S. Securities and Exchange Commission on April 23, 2025. Registration No. 333-284777 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Real Asset Acquisition Corp. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) _____________________________________ _____________________________________ AMENDMENT NO. 4 TO | Cayman Islands | 6770 | N/A | | --- | --- | --- | | ...
Real Asset Acquisition Corp Unit(RAAQU) - Prospectus(update)
2025-04-14 11:22
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 | | --- | --- | --- | | ...
Real Asset Acquisition Corp Unit(RAAQU) - Prospectus(update)
2025-04-01 21:25
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) _____________________________________ 174 Nassau Street, Suite 2100 Princeton, New Jersey 08 ...
Real Asset Acquisition Corp Unit(RAAQU) - Prospectus(update)
2025-03-14 21:31
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 _____________________________________ Real Asset Acquisition Corp. (Exact name of registrant as specified in its charter) _____________________________________ | Cayman Islands | 6770 | N/A | | --- | --- | --- | | ...
Real Asset Acquisition Corp Unit(RAAQU) - Prospectus
2025-02-07 21:45
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 Acquisition Corp. (Exact name of registrant as specified in its charter) _____________________________________ | Cayman Islands | 6770 | N/A | | --- | --- | --- | | (State or other jurisd ...