8-K
filed May 2, 2025, 7:59 PM ET
ticker RDAG
CIK 0002055459
other material
confidence high
sentiment neutral
materiality 0.70
Republic Digital Acquisition Company completes $300M SPAC IPO, including over-allotment and private placement
Republic Digital Acquisition Co
- Gross proceeds $300M from 30M units at $10.00 each, including 3.6M over-allotment units exercised.
- Private placement of 7.28M warrants at $1.00 each to sponsor (4.64M) and Cantor Fitzgerald (2.64M).
- $300M placed in trust account; funds available for initial business combination or redemption if no deal within 24 months.
- Board appointed: Joseph Naggar (CEO), Andrew Durgee, plus independent directors Laya Khadjavi, Barry Finkelstein, Robert Matza.
- Company targets fintech, software, and cryptocurrency industries for a business combination.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Barry Finkelstein was appointed as director at Republic Digital Acquisition Co.
- Action
- appointed
Exact text from the filing
On May 1, 2025, in connection with the IPO, Laya Khadjavi, Barry Finkelstein and Robert Matza (collectively with Joseph Naggar and Andrew Durgee, the “ Directors ”) were appointed to the board of directors of the Company (the “ Board ”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Laya Khadjavi was appointed as director at Republic Digital Acquisition Co.
- Action
- appointed
Exact text from the filing
On May 1, 2025, in connection with the IPO, Laya Khadjavi, Barry Finkelstein and Robert Matza (collectively with Joseph Naggar and Andrew Durgee, the “ Directors ”) were appointed to the board of directors of the Company (the “ Board ”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert Matza was appointed as director at Republic Digital Acquisition Co.
- Action
- appointed
Exact text from the filing
On May 1, 2025, in connection with the IPO, Laya Khadjavi, Barry Finkelstein and Robert Matza (collectively with Joseph Naggar and Andrew Durgee, the “ Directors ”) were appointed to the board of directors of the Company (the “ Board ”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andrew Durgee was appointed as director at Republic Digital Acquisition Co.
- Action
- appointed
Exact text from the filing
On May 1, 2025, in connection with the IPO, Laya Khadjavi, Barry Finkelstein and Robert Matza (collectively with Joseph Naggar and Andrew Durgee, the “ Directors ”) were appointed to the board of directors of the Company (the “ Board ”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joseph Naggar was appointed as director at Republic Digital Acquisition Co.
- Action
- appointed
Exact text from the filing
On May 1, 2025, in connection with the IPO, Laya Khadjavi, Barry Finkelstein and Robert Matza (collectively with Joseph Naggar and Andrew Durgee, the “ Directors ”) were appointed to the board of directors of the Company (the “ Board ”).
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Republic Digital Acquisition Co: Filed amended and restated memorandum and articles of association in connection with IPO (effective 2025-04-30).
- Change
- charter amendment
- Effective
- 2025-04-30
Exact text from the filing
On May 1, 2025, in connection with the IPO, the Company filed its amended and restated memorandum and articles of association (the “ Amended and Restated Memorandum and Articles of Association ”) with the Cayman Islands Registrar of Companies, which was effective on April 30, 2025.
View on SEC.gov
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.