The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 2,016,860 | 2,176,758 | 2,474,487 | 2,976,521 |
| General and administrative costs paid through issuance of class b ordinary shares | - | - | 0 | 10,012 |
| General and administrative costs paid through promissory note - related party | - | - | 0 | 70,801 |
| General and administrative costs paid by related party | 606 | - | - | - |
| Interest earned in cash held in trust account | 2,219,181 | 2,445,755 | 2,619,521 | 3,369,576 |
| Prepaid expenses | 60,509 | -21,362 | 7,997 | -5,360 |
| Short-term prepaid insurance | -16,741 | - | 0 | 187,500 |
| Long-term prepaid insurance | -30,134 | -46,875 | -46,875 | 123,884 |
| Accrued expenses | -30,314 | 50,651 | -41,172 | 92,433 |
| Net cash used in operating activities | -245,663 | -150,109 | -147,328 | -525,833 |
| Investment of cash in trust account | - | - | 0 | 230,000,000 |
| Net cash used in investing activities | - | - | 0 | -230,000,000 |
| Proceeds from sale of units, net of underwriting discounts paid | - | - | 0 | 225,400,000 |
| Proceeds from sale of private placement units | - | - | 0 | 6,600,000 |
| Advances to related party | - | - | 36,010 | - |
| Repayment of advances from related party | - | - | 0 | 39,882 |
| Repayment of promissory note - related party | - | - | 0 | 172,139 |
| Payment of offering costs | - | - | 85,000 | 442,608 |
| Net cash provided by financing activities | - | - | -121,010 | 231,345,371 |
| Net change in cash | -245,663 | -150,109 | -268,338 | 819,538 |
| Cash - beginning of period | 401,091 | 551,200 | 0 | - |
| Cash - end of period | 155,428 | 401,091 | 551,200 | - |
Rithm Acquisition Corp. (RAC)
Rithm Acquisition Corp. (RAC)