secwatch.observer — SEC 8-K summary
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Issuer:     Republic Digital Acquisition Co (RDAG)
CIK:        0002055459
Form:       8-K
Filed at:   2025-05-02T23:59:59+00:00
Accession:  0001213900-25-039302
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Republic Digital Acquisition Company completes $300M SPAC IPO, including over-allotment and private placement
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2055459/000121390025039302/0001213900-25-039302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2055459/000121390025039302/ea0240600-8k_republic.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-039302

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer