Welcome to our dedicated page for Real Asset Acquisition news (Ticker: RAAQ), a resource for investors and traders seeking the latest updates and insights on Real Asset Acquisition stock.
Real Asset Acquisition Corp. (Nasdaq: RAAQ) is a blank check company in the financial services sector, categorized in the shell companies industry. Its public communications describe it as being formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
The news flow around Real Asset Acquisition Corp. is centered on its capital-raising activities and its structure as a special purpose acquisition company (SPAC). For example, the company has announced the closing of its initial public offering of units, each consisting of one Class A ordinary share and one-half of one redeemable warrant, and the concurrent closing of a private placement of warrants. These announcements describe how the proceeds from the offering and private placement were placed in a trust account at a fixed amount per unit sold in the public offering.
Investors and observers following RAAQ-related news can expect updates on topics such as the listing and trading of its units, Class A ordinary shares and warrants on The Nasdaq Global Market, as well as disclosures about its intended focus on potential targets in quantum computing, metals/mining, rare earth and infrastructure sectors. As the company progresses through its SPAC lifecycle, future news may include additional regulatory disclosures and announcements related to identifying and negotiating with potential business combination targets, as described in its stated purpose.
This news page aggregates such company-issued announcements and related coverage, providing a single location to review Real Asset Acquisition Corp.’s publicly reported milestones and structural developments as a blank check company.
Real Asset Acquisition Corp. (NASDAQ: RAAQU) announced that holders of units from its initial public offering can begin separately trading Class A ordinary shares and warrants around June 2, 2025. The IPO, completed on April 30, 2025, consisted of 17,250,000 units, including 2,250,000 units from the underwriters' fully exercised overallotment option.
The Class A ordinary shares and warrants will trade on The Nasdaq Global Market under the symbols "RAAQ" and "RAAQW" respectively, while unseparated units will continue trading as "RAAQU". Only whole warrants will trade, with no fractional warrants being issued. Unit holders must contact Efficiency, the transfer agent, to separate their units.
Real Asset Acquisition Corp has successfully completed its IPO, raising $172.5 million by offering 17.25 million units at $10.00 each on Nasdaq. Each unit includes one Class A ordinary share and half a redeemable warrant, with whole warrants exercisable at $11.50 per share.
The company trades under "RAAQU" and will later split into "RAAQ" for shares and "RAAQW" for warrants. A concurrent private placement of 5.45 million warrants at $1.00 each generated additional proceeds of $5.45 million.
As a blank check company, Real Asset Acquisition aims to pursue business combinations in quantum computing, metals/mining, rare earth, and infrastructure sectors. Cohen & Company Capital Markets led the offering, with Clear Street as joint book-runner. $172.5 million has been placed in trust, representing $10.00 per public unit.
FAQ
What is the current stock price of Real Asset Acquisition (RAAQ)?
What is the market cap of Real Asset Acquisition (RAAQ)?
