Republic Digital Acquisition Co (RDAG) Form 10-Q — Aug 13, 2026
Republic Digital Acquisition Company, a $300 million blank check company, filed its 10-Q for the quarter ended June 30, 2026 reporting net income of $2,661,516 for the quarter and $5,212,949 for the six months, generated entirely by interest earned on its trust account rather than any operations. The pre-deal SPAC has not selected a target and is searching industries complementary to management's fintech, software and cryptocurrency background. Management repeated its standard going-concern disclosure: the company must complete a business combination by May 2, 2027 or face mandatory liquidation and dissolution, which raises substantial doubt about its ability to continue as a going concern.
Key figures
- Eps
- 0.07
- Net Income
- 2661516
- Total Assets
- 314366011
- Cash Position
- 735027
- Shares Outstanding
- 30,000,000 Class A; 7,500,000 Class B
- Ipo gross proceeds
- 300000000
- Q2 2026 net income
- 2661516
- Warrants outstanding
- 22280000
- Trust account balance
- 313513205
- Warrant exercise price
- 11.5
- Working capital surplus
- 813956
- Deferred underwriting fee
- 12720000
- Q2 2026 eps basic diluted
- 0.07
- Six month 2026 net income
- 5212949
- Trust value per public share
- 10.45
- Business combination deadline
- May 2, 2027
- Six month 2026 eps basic diluted
- 0.14
Price after filing
Close on the filing date to close N calendar days later (from $10.38). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.