Rithm Acquisition Corp. closes IPO of 23M units at $10/unit, raising $230M

Rithm Acquisition Corp.

Sold 23M units (including full over-allotment) at $10/unit; gross proceeds $230M.
Sponsor purchased 660,000 private placement units at $10/unit, generating $6.6M.
Proceeds held in trust for initial business combination; must complete within 24 months.
Appointed Ellen Schubert to Board effective Feb 28, 2025; she owns 25,000 Class B shares.
Units trade on NYSE as RAC.U; Class A shares as RAC and warrants as RAC.WS.

item 1.01 item 3.02 item 5.02 item 5.03 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Ellen Schubert

Director

RAC · Rithm Acquisition Corp.

Effective: 2025-02-28
Filed: February 28, 2025, 6:59 PM ET

The Company appointed Ellen Schubert to the Company’s Board of Directors (the “Board”), effective immediately after the consummation of the IPO on February 28, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ellen Schubert was appointed as Director at Rithm Acquisition Corp..

Action: appointed
Role: Director

Exact text from the filing

The Company appointed Ellen Schubert to the Company’s Board of Directors (the “Board”), effective immediately after the consummation of the IPO on February 28, 2025.

View on SEC.gov

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.7

Rithm Acquisition Corp.: Adopted Amended and Restated Memorandum and Articles of Association in connection with the IPO (effective 2025-02-26).

Change: charter amendment
Effective: 2025-02-26

Exact text from the filing

On February 26, 2025 and in connection with the IPO, the Company adopted its Amended and Restated Memorandum and Articles of Association.

View on SEC.gov

59 governance changes filed in the last 30 days. Browse all governance changes →

Rithm Acquisition Corp. filing history →

Source: SEC EDGAR

accession 0001104659-25-019165

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.