secwatch.observer — SEC 8-K summary
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Issuer:     Real Asset Acquisition Corp. (RAAQ)
CIK:        0002052161
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001213900-25-040228
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Real Asset Acquisition Corp. closes $172.5M SPAC IPO and $5.45M private placement
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- IPO of 17,250,000 units at $10.00/unit, including full over-allotment, gross proceeds $172.5 million.
- Simultaneous private placement of 5,450,000 warrants at $1.00 each to sponsor and underwriters, gross proceeds $5.45 million.
- $172.5 million of proceeds deposited in trust account; working capital surplus of $1.37 million as of April 30, 2025.
- Company must complete a business combination by October 30, 2026 (or January 30, 2027 if definitive agreement by 18 months).
- Audited balance sheet as of April 30, 2025 filed as Exhibit 99.1 shows total assets $174.1 million, shareholders' deficit $5.5 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2052161/000121390025040228/0001213900-25-040228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2052161/000121390025040228/ea0241097-8k_realasset.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-040228

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