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Rithm Acquisition Corp. (RAC)

Rithm Acquisition Corp. functions as a special purpose acquisition company (SPAC), established with the explicit aim of pursuing and finalizing a business combination. This could encompass a variety of transactions, such as a merger, an exchange of shares, an asset acquisition, a stock purchase, a corporate reorganization, or similar arrangements with one or more existing enterprises. The entity officially commenced operations on November 21, 2024, and its principal offices are situated in New York, New York.

Sector: Blank Checks

Industry: Shell Companies

Rithm Acquisition Corp. logo

Rithm Acquisition Corp.

NYSE:RACFinancial Services
+0.09%$10.57
AH Close$10.57+0.00%vs close
Mkt Cap$310.86M
Float21.02M
O/S29.41M
Inst Own74.8%
SI<0.1%
Dilution
Rithm Acquisition Corp. logoNYSE:RAC$10.57+0.09%
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$310.86M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership74.78%

based on 29.41M shares outstanding

SectorFinancial Services
IndustryShell Companies
ExchangeNYSE
CountryUSUS
IPO DateFeb 27, 2025
Shares Outstanding29.41M
Float21.02M
Company Overview

Rithm Acquisition Corp. is a blank check company.

It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

The company was founded on November 21, 2024 and is headquartered in New York, NY.

Leadership

Michael Nierenberg

Chairman of the Board & CEO

Varun Wadhawan

Chief Financial Officer

Employees

2

Country

US

Sector

Financial Services

Website

rithmacquisitioncorp1.com

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trading
No insider transactions for this companyForeign private issuers and non-reporting entities don't file Form 4/5.
Shareholders
74.8%
Institutional
(51)
2.0%
Insiderⓘ
(1)
0.0%
5%+ Owners
(0)
23.2%
Unattributed (incl. retail)ⓘ
Institutional74.8%
Insider2.0%
Unattributed (incl. retail)23.2%
Sources: 13F, Form 4, 13D/13GO/S: 29.4M · checked 25 Oct 2026 · market-data provider
Insiders & Institutional Holders
52-Week Range
$10.28$10.60
$10.57(91st percentile)
Volume
Average Daily Volume130.73K
39.40K today vs 130.73K avg(-70%)

30d Avg

130.73K

60d Avg

77.84K

90d Avg

61.25K

Earnings
Dividend History
No dividend history available
Compliance Status
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