Republic Digital Acquisition Company Announces the Pricing of Upsized $264,000,000 Initial Public Offering

Company Overview - Republic Digital Acquisition Company is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [2] - The company plans to focus on acquisition opportunities in the fintech, software, and cryptocurrency industries [2] Initial Public Offering (IPO) Details - The company announced an upsized initial public offering of 26,400,000 units at a price of $10.00 per unit, with trading expected to begin on May 1, 2025, under the ticker symbol "RDAGU" [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with whole warrants allowing the purchase of one Class A ordinary share at a price of $11.50 per share [1] - An amount equal to $10.00 per unit will be deposited into a trust account upon the closing of the offering, which is expected to close on May 2, 2025 [1] - The underwriters have been granted a 45-day option to purchase up to an additional 3,960,000 units at the initial public offering price to cover over-allotments [1] Management Team - The management team is led by Joseph Naggar as Chief Executive Officer, Chief Investment Officer, and Director, along with Ian Goodman as Chief Financial Officer [3] - The Board of Directors includes Andrew Durgee, Barry Finkelstein, Laya Khadjavi, and Robert Matza [3] - Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering [3]