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Relativity Acquisition stockholders approve de-SPAC with Instinct Bio Technical
Over 3.36M shares voted at March 25, 2026 special meeting; quorum established.
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Relativity Acquisition extends SPAC deadline to Feb 2027; trust reduced to $714K after redemptions
Shareholders approved Charter Amendment extending business combination deadline from Feb 15, 2026 to Feb 15, 2027.
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Relativity Acquisition Corp. restates 2024 and Q1 2025 financials due to cash flow error
Company identified error in cash flow presentation for trust account withdrawals and stock redemptions in 2024 annual and Q1 2025 reports.
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Relativity Acquisition Corp. enters $200M deal to acquire Instinct Brothers Co., Ltd
Business Combination Agreement signed on Feb 28, 2025; $200M consideration in Pubco common stock at $10.00/share.
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Relativity Acquisition Corp. extends business combination deadline to Feb 15, 2026 via shareholder vote
Shareholders approved charter amendment extending deadline from Feb 15, 2025 to Feb 15, 2026.
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Relativity Acquisition extends business combination deadline to Feb. 15, 2024; deposits $1,000 into trust
Extension from Nov. 15, 2023 to Feb. 15, 2024 is the second (and final) three-month extension permitted.
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Relativity Acquisition extends deadline to Nov 15, 2023 for SVES merger; deposits $1,000 into trust
Extended business combination deadline from Aug 15, 2023 to Nov 15, 2023; first of two permitted three-month extensions.
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Nasdaq grants Relativity continued listing but trading halt stays; merger deadlines extended to May 1
Nasdaq Hearings Panel granted continued listing on The Nasdaq Capital Market; transfer from Global Market ordered.
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Relativity Acquisition Corp. enters $632M SPAC merger with SVES
Merger consideration of $632M payable in Pubco common stock at $10.00 per share.
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Relativity Acquisition Corp. announces merger with SVES at ~$707M enterprise value
Definitive business combination agreement between Relativity Acquisition Corp. (NASDAQ: RACY) and SVES, an off-price apparel distributor.
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RACY receives Nasdaq delisting notice after 14.2M shares redeemed; trading halted
Nasdaq staff cites non-compliance with MVLS ($50M min), publicly held shares (1.1M min), and market value of publicly held shares ($15M min).
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Relativity Acquisition Corp. extends deadline to Aug 15, 2023; ~$146M redeemed from trust
Shareholders approved extension of business combination deadline from Feb 15 to Aug 15, 2023, plus up to two additional 3-month extensions (requires $1,000 deposit each).
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Relativity Acquisition Corp. closes IPO, deposits $146.6M in trust for business combination
IPO of 14.375M units at $10/unit, including full over-allotment, gross proceeds $143.75M.