other
confidence high
sentiment neutral
materiality 0.15
Rithm Acquisition Corp. announces separate trading of ordinary shares and warrants effective April 21, 2025
Rithm Acquisition Corp.
- Holders may elect to separate units into Class A ordinary shares and warrants starting April 21, 2025.
- Separated shares and warrants trade on NYSE as RAC and RAC.WS; units continue as RAC.U.
- No fractional warrants will be issued; only whole warrants trade upon separation.
- Company is a SPAC targeting financial services, real estate, and digital infrastructure.