Rithm Acquisition Sponsor reports 6,335,000 shares (21.5%) stake
Rithm Acquisition Corp. (RAC) disclosed a Schedule 13G reporting beneficial ownership of 6,335,000 ordinary shares, equal to 21.5% of Class A and Class B shares outstanding as of September 30, 2025.
Rhea-AI Filing Summary
Rithm Acquisition Corp. (RAC) disclosed a Schedule 13G reporting beneficial ownership of 6,335,000 ordinary shares, equal to 21.5% of Class A and Class B shares outstanding as of September 30, 2025.
The stake is held of record by Rithm Acquisition Corp Sponsor LLC and consists of 5,675,000 Class B founder shares and 660,000 Class A shares included in private placement units. The Class B shares automatically convert into Class A on a one‑for‑one basis at the time of the initial business combination, subject to adjustment. The Sponsor has sole voting and dispositive power over these shares, while Rithm Capital Corp. and Michael Nierenberg are reported to share voting and dispositive power through their control relationships and each disclaims beneficial ownership except to the extent of pecuniary interest.
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Insights
RAC’s sponsor reports a 21.5% beneficial stake via founder and private placement shares.
Rithm Acquisition Corp Sponsor LLC is the record holder of 6,335,000 ordinary shares as of September 30, 2025, representing 21.5% of Class A and Class B outstanding. The position includes 5,675,000 Class B founder shares and 660,000 Class A from private placement units.
The filing notes the Class B shares convert 1:1 into Class A at the initial business combination, subject to adjustment. The Sponsor reports sole voting/dispositive power, while Rithm Capital Corp. and Michael Nierenberg report shared power through control relationships and disclaim beneficial ownership beyond pecuniary interests.
This is typical for SPAC structures and primarily informational. Actual impact depends on future business combination outcomes and any subsequent ownership changes disclosed in later filings.
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