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Renatus Tactical Acquisition Corp I (RTACU), a special purpose acquisition company (SPAC), has announced that its CEO Eric Swider will ring the Nasdaq Stock Market Opening Bell on May 23, 2025. The ceremonial bell ringing celebrates the company's listing on the Nasdaq Global Market. The event will take place at the Nasdaq MarketSite in New York.
Renatus Tactical Acquisition Corp I has announced the pricing of its upsized IPO of 21 million units at $10.00 per unit, expected to trade on Nasdaq under "RTACU". Each unit comprises one Class A ordinary share and one-half redeemable public warrant, with each whole warrant allowing purchase of one Class A share at $11.50.
The SPAC aims to merge with businesses in the cryptocurrency, blockchain, data security, and dual-use technologies markets within the United States. Clear Street is serving as the sole book-runner, with a 45-day option to purchase up to 3.15 million additional units. The offering is expected to close on May 16, 2025.