For the quarter ending 2026-03-31, RAC has $241,084,208 in assets. $8,121,598 in debts. $155,428 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 155,428 | 401,091 | 551,200 | 819,538 |
| Due from related party | 35,404 | 36,010 | 36,010 | - |
| Prepaid expenses | 68,584 | 8,075 | 29,437 | 21,440 |
| Short-term prepaid insurance | 170,759 | 187,500 | 187,500 | 187,500 |
| Total current assets | 430,175 | 632,676 | 804,147 | 1,028,478 |
| Long-term prepaid insurance | - | 30,134 | 77,009 | 123,884 |
| Cash held in trust account | 240,654,033 | 238,434,852 | 235,989,097 | 233,369,576 |
| Total assets | 241,084,208 | 239,097,662 | 236,870,253 | 234,521,938 |
| Accrued expenses | 71,598 | 101,912 | 51,261 | 92,433 |
| Accrued offering costs | - | - | - | 85,000 |
| Total current liabilities | 71,598 | 101,912 | 51,261 | 177,433 |
| Deferred underwriting fee payable | 8,050,000 | 8,050,000 | 8,050,000 | 8,050,000 |
| Total liabilities | 8,121,598 | 8,151,912 | 8,101,261 | 8,227,433 |
| Class a ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of 10.46 and 10.26 per share as of march 31, 2026 and september 30, 2025, respectively | 240,654,033 | 238,434,852 | 235,989,097 | 233,369,576 |
| Ordinary shares-Common Class A | - | - | 66 | 66 |
| Ordinary shares-Classa Ordinary Shares Not Subject To Redemption | 66 | 66 | - | - |
| Ordinary shares-Common Class B | 575 | 575 | 575 | 575 |
| Accumulated deficit | -7,692,064 | -7,489,743 | -7,220,746 | -7,075,712 |
| Total shareholders' deficit | -7,691,423 | -7,489,102 | -7,220,105 | -7,075,071 |
| Total liabilities, class a ordinary shares subject to possible redemption, and shareholders' deficit | 241,084,208 | 239,097,662 | 236,870,253 | 234,521,938 |
Rithm Acquisition Corp. (RAC)
Rithm Acquisition Corp. (RAC)