Republic Digital Acquisition Corp. (NASDAQ:RDAGU) announced the pricing of its upsized $264 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RDAGU”, Thursday, May 1, 2025.
The new SPAC aims to combine with a target company in the fintech, software or cryptocurrency industries with substantial free cash flow.
Republic Digital’s management team is led by Chief Executive Officer and Chief Investment Officer Joseph Naggar, Chief Financial Officer Ian Goodman, and Chief Operating Officer Jonathan Knipper alongside General Counsel Darren Sandler, Vice President James Newman, Vice President Armaan Gori, and Vice President Dimitrius Selekos. The Board also includes Laya Khadjavi, Barry Finkelstein and Robert Matza.
Total SPAC deal count for 2025 year-to-date is now 33. This offering is expected to close on Friday, May 2, 2025.
Cantor Fitzgerald is serving as the lead book-running manager for the offering. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with DLA Piper LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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FIGX Acquisition Corp. (NASDAQ:FIGXU) announced the pricing of its $131 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FIGXU”, Friday, June 27, 2025. The new SPAC aims to seek out a financial services target with a particular focus on wealth and asset managers with the potential to...