RRE Ventures Acquisition Corp. files audited balance sheet after $250 million IPO
RRE Ventures Acquisition Corp., a blank check company, closed its initial public offering of 25,000,000 units at $10.00 per unit on May 1, 2026, generating gross proceeds of $250,000,000. The company placed $250,000,000 in a trust account with Continental Stock Transfer & Trust Company as trustee, and it filed an audited balance sheet as of May 1, 2026 as Exhibit 99.1. The company has not selected a business combination target, so shareholders' funds remain in the trust until a combination is completed or the company liquidates.
Key points
- IPO of 25,000,000 units at $10.00 per unit, gross proceeds of $250,000,000, consummated May 1, 2026
- Private placement of 4,510,000 warrants to RRE Sponsor, LLC and 2,500,000 warrants to Cohen and Company Capital Markets and Clear Street LLC, gross proceeds of $7,010,000
- $250,000,000 ($10.00 per unit) placed in trust account; Continental Stock Transfer & Trust Company is trustee
- Combination period is 24 months from the IPO closing; no target business has been selected
The filing
Written by AI on Nov 9, 2026, 11:48 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 07, 2026.
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.