secwatch.observer — SEC 8-K summary
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Issuer:     Rithm Acquisition Corp. (RAC)
CIK:        0002047497
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001104659-25-021390
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rithm Acquisition Corp. consummates IPO, raises $230M in trust for business combination
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- IPO of 23,000,000 units at $10.00/unit, including full over-allotment of 3,000,000 units, gross proceeds $230M.
- Sponsor purchased 660,000 private placement units at $10.00/unit, generating $6.6M.
- Net proceeds of $230M placed in trust account; audited balance sheet as of Feb 28, 2025 shows $230M trust assets.
- Company has 24 months (27 with LOI) to complete initial business combination.
- Transaction costs total $13.3M, including $4.6M cash underwriting fee and $8.05M deferred underwriting fee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2047497/000110465925021390/0001104659-25-021390-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2047497/000110465925021390/tm258433d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-021390

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