Republic Digital Acquisition Co closes $300 million IPO of 30 million units on May 2
Republic Digital Acquisition Company, a blank check company, completed its initial public offering on May 2, 2025, selling 30,000,000 units at $10.00 each for $300,000,000 in gross proceeds. The full $300,000,000 was placed in a trust account, and the company has not yet selected a business combination target.
Key points
- Sold 30,000,000 units at $10.00 each, including 3,600,000 units from the underwriters' partial over-allotment exercise
- Concurrent private placement of 7,280,000 warrants at $1.00 each raised $7,280,000; the sponsor bought 4,640,000 and Cantor Fitzgerald & Co. bought 2,640,000
- $300,000,000 placed in a trust account with Continental Stock Transfer & Trust Company as trustee; the company has 24 months from the IPO closing to complete a business combination
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.