Every 10-Q that Renatus Tactical Acquisition Corp I Unit (RTACU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RTACU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RTACU filings page.
Renatus Tactical Acquisition Corp I is a Cayman Islands special purpose acquisition company formed in 2024 to complete a business combination. It completed an IPO on May 16, 2025, selling 24,150,000 units at $10.00 each and a concurrent private placement of 3,821,591 warrants at $1.00, with total transaction costs of $12.2 million.
As of June 30, 2026, total assets were $252.7 million, almost all in a Trust Account holding $252.4 million in cash and U.S. government securities, backing 24,150,000 Class A shares subject to redemption at $10.45 per share. The company reported net income of $3.53 million for the six months ended June 30, 2026, driven by $4.20 million of interest income on trust assets and modest operating expenses.
Liquidity outside the trust is very limited: cash on hand was $477 with working capital of $179,443, and management disclosed that this will not fund operations for the next 12 months. The company has $630,000 of investor convertible notes outstanding and a deferred underwriting fee of $8.45 million. It must complete a business combination by May 16, 2027 or liquidate, and the filings state that these conditions raise substantial doubt about its ability to continue as a going concern.
Renatus Tactical Acquisition Corp I reports net income of $1,808,560 for the quarter ended March 31, 2026, driven mainly by $2,091,474 of interest on its IPO trust assets, partly offset by $282,914 of formation and operating expenses.
Cash in the trust account reached $250,274,966, while cash outside the trust was only $10,977, leading management to highlight substantial doubt about the company’s ability to continue as a going concern without additional financing or a business combination.
The SPAC has 24,150,000 Class A ordinary shares subject to redemption and 7,011,288 Class B ordinary shares outstanding, has issued investor convertible notes totaling $330,000, and is still seeking a suitable target for its initial business combination.
Renatus Tactical Acquisition Corp I (RTACU) completed its initial public offering, selling 24,150,000 units at $10.00 per unit for gross proceeds of $241.5 million and completed a concurrent private placement raising $3.82 million. The proceeds (including private placement funds) resulted in $243.34 million held in a Trust Account invested in short‑term U.S. government securities, which is intended to fund an initial business combination or be returned upon liquidation or redemption.
The company had $569,066 of cash outside the Trust and working capital of $611,598. For the period presented it reported net income of $794,834 driven by $1,240,806 of interest income on Trust investments, partially offset by $445,972 of formation and operating expenses. Key balance sheet items include total assets of $244.57 million, total liabilities of $10.65 million (including an $8.45 million deferred underwriting fee), and an accumulated deficit of $9.42 million. The company remains a blank check (SPAC) with no operating revenues until a business combination is completed.
Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) filed its Q1 2025 10-Q report as a blank check company. The filing reveals the company's financial position as of March 31, 2025, with total assets of $1.25 million, primarily consisting of deferred offering costs. The company has 24.15 million Class A ordinary shares and 7.01 million Class B ordinary shares outstanding. As a shell company, it reported no operational revenue or expenses for the quarter.
Notable balance sheet items include current liabilities of $1.22 million, mostly comprising accrued offering costs and related party payables. The company maintains minimal shareholder's equity of $25,000.
[ { "r": "Financial Analyst", "a": "SPAC maintains clean balance sheet with minimal activity, focused on potential business combination target search.
The financial statements reflect a typical early-stage SPAC structure with minimal operational activity. The increase in deferred offering costs from $598K to $1.22M quarter-over-quarter suggests active preparation for potential transaction activities. The company's clean capital structure, with no debt and minimal expenses, provides maximum flexibility for a future business combination.
", "rating": 0 } ]