DalsnaFinance › IPOs › Rithm Acquisition Corp. IPO
Rithm Acquisition Corp. completed its initial public offering on NYSE on February 27, 2025, pricing at $10.00 a share.
| Ticker | RAC'U |
|---|---|
| Exchange | NYSE |
| Status | Completed |
| Listing date | February 27, 2025 |
| Offering price | $10.00 |
| Shares offered | 20,000,000 |
| Total raised | $200M |
Rithm Acquisition Corp. sold 20,000,000 shares at $10.00 each on NYSE. Multiplied out, that is $200 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $200 million total recorded for the deal.
Measured by money raised, Rithm Acquisition Corp. was tied for the 180th largest (level with 60 other deals) of 473 completed IPOs with a recorded deal size that this site tracks since October 5, 2024. That is exactly the median for the window.
Among the 126 listings on NYSE alone, it is tied for the 53rd largest (level with 10 other listings).
February 2025 saw 20 completed IPOs in the site's data; by amount raised, Rithm Acquisition Corp. was tied for the 5th largest (level with 4 other deals) of the 20 deals with a recorded size.
Its $10.00 offer price was tied for the 146th highest (level with 259 other listings) of the 479 listings in the window with a recorded price. A share price on its own says nothing about a company's value; it depends on how many shares exist.
Source: SEC EDGAR filings for Rithm Acquisition Corp.. This page is general information, not investment advice.