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Republic Digital Acquisition Company Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing June 23, 2025
GlobeNewswire News Room· 2025-06-17 20:20
Group 1 - Republic Digital Acquisition Company announced that starting June 23, 2025, holders of units from its initial public offering can separately trade Class A ordinary shares and warrants [1] - The Class A ordinary shares will trade under the symbol "RDAG" and the warrants under "RDAGW" on the Nasdaq Global Market, while units that are not separated will continue to trade under "RDAGU" [1] - The company is a special purpose acquisition company incorporated in the Cayman Islands, aiming to pursue a business combination primarily in the fintech, software, and cryptocurrency sectors [2] Group 2 - The press release includes forward-looking statements regarding potential business combinations and financing, which are based on management's beliefs and current information [3] - Actual results may differ from these forward-looking statements due to various factors beyond the company's control [3]
Republic Digital Acquisition Company Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing June 23, 2025
Globenewswire· 2025-06-17 20:20
Group 1 - Republic Digital Acquisition Company announced that starting June 23, 2025, holders of units from its initial public offering can separately trade Class A ordinary shares and warrants [1] - The Class A ordinary shares will trade under the symbol "RDAG" and the warrants under "RDAGW" on the Nasdaq Global Market, while unseparated units will continue to trade under "RDAGU" [1] - The company is a special purpose acquisition company incorporated in the Cayman Islands, aiming to pursue business combinations primarily in the fintech, software, and cryptocurrency sectors [2] Group 2 - The press release includes forward-looking statements regarding potential business combinations and financing, which are based on management's beliefs and current information [3] - Actual results may differ from these forward-looking statements due to various factors beyond the company's control [3]
Republic Digital Acquisition Company Completes $300,000,000 Initial Public Offering
Globenewswire· 2025-05-02 20:00
Group 1 - The Company, Republic Digital Acquisition Company, closed its initial public offering (IPO) of 30,000,000 units, including 3,600,000 units from the underwriters' over-allotment option, resulting in gross proceeds of $300,000,000 priced at $10.00 per unit [1][3] - The units began trading on May 1, 2025, on Nasdaq under the ticker symbol "RDAGU," with each unit consisting of one Class A ordinary share and one-half of a redeemable warrant, which can be exercised at $11.50 per share [2][4] - The Company is a blank check company formed to pursue mergers or acquisitions, focusing on opportunities in fintech, software, and cryptocurrency industries [4][5] Group 2 - The management team includes Joseph Naggar as CEO, Ian Goodman as CFO, Jonathan Knipper as COO, and Darren Sandler as General Counsel, with additional board members [5] - Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering [5] - A registration statement for the securities was declared effective by the SEC on April 30, 2025 [6]
Republic Digital Acquisition Company Announces the Pricing of Upsized $264,000,000 Initial Public Offering
Globenewswire· 2025-04-30 22:12
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]