Republic Digital Acquisition Co
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 14, 2025
RDAG$10.48+0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Balance Sheet as of September 30, 2025
UNAUDITED CONDENSED BALANCE SHEET
| Assets: | |
|---|---|
| Current asset | |
| Cash | $1,080,619 |
| Prepaid expenses | 118,415 |
| Total current asset | 1,199,034 |
| Long-term prepaid insurance | 44,982 |
| Investments held in Trust Account | 305,110,483 |
| Total Assets | $306,354,499 |
| Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit | |
| Current liabilities | |
| Accrued offering costs | $75,000 |
| Accounts payable and accrued expenses | 5,186 |
| Total current liabilities | 80,186 |
| Deferred underwriting fee | 12,720,000 |
| Total Liabilities | 12,800,186 |
| Commitments and Contingencies (Note 6) | |
| Class A Ordinary Shares subject to possible redemption, 30,000,000 shares at redemption value of $10.17 per share | 305,110,483 |
| Shareholders’ Deficit | |
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding | — |
| Class A Ordinary Shares, $0.0001 par value; 500,000,000 shares authorized; no shares issued or outstanding (excluding 30,000,000 shares subject to possible redemption) | — |
| Class B Ordinary Shares, $0.0001 par value; 50,000,000 shares authorized; 7,500,000 shares issued and outstanding | 750 |
| Additional paid-in capital | — |
| Accumulated deficit | (11,556,920) |
| Total Shareholders’ Deficit | (11,556,170) |
| Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit | $306,354,499 |
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS
| For the Three Months Ended September 30, | For the Period from January 23, 2025 (Inception) Through September 30, | |
|---|---|---|
| 2025 | 2025 | |
| General and administrative costs | $71,815 | $245,806 |
| Loss from operations | (71,815) | (245,806) |
| Other income: | ||
| Earnings from investments held in Trust Account | 3,154,678 | 5,110,483 |
| Interest income - operating account | 10,831 | 14,136 |
| Other income | 3,165,509 | 5,124,619 |
| Net income | $3,093,694 | $4,878,813 |
| Weighted average Class A Ordinary Shares outstanding – basic and diluted | 30,000,000 | 18,167,331 |
| Basic and diluted net income per Class A Ordinary Share | $0.08 | $0.19 |
| Weighted average Class B Ordinary Shares outstanding - basic | 7,500,000 | 7,145,020 |
| Basic net income per Class B Ordinary Share | $0.08 | $0.19 |
| Weighted average Class B Ordinary Shares outstanding - diluted | 7,500,000 | 7,500,000 |
| Diluted net income per Class B Ordinary Share | $0.08 | $0.19 |
UNAUDITED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2025 AND FOR THE PERIOD FROM JANUARY 23, 2025 (INCEPTION) THROUGH SEPTEMBER 30, 2025
| Class A Ordinary Shares · Class B Ordinary Shares · Additional Paid-in · Accumulated · Total Shareholders’ | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Deficit | Deficit | |
| Balance — January 23, 2025 | — | $— | — | $— | $— | $— | — |
| Class B Ordinary Shares issued to Sponsor | — | — | 7,590,000 | 759 | 24,241 | — | 25,000 |
| Net loss | — | — | — | — | — | (48,534) | (48,534) |
| Balance – March 31, 2025 | — | — | 7,590,000 | 759 | 24,241 | (48,534) | (23,534) |
| Accretion for Class A Ordinary Shares to redemption amount | — | — | — | — | (9,821,805) | (13,281,055) | (23,102,860) |
| Sale of Private Placement Warrants | — | — | — | — | 7,280,000 | — | 7,280,000 |
| Fair Value of Public Warrants at issuance | — | — | — | — | 2,700,000 | — | 2,700,000 |
| Allocated value of transaction costs to Class A Ordinary Shares | — | — | — | — | (182,445) | — | (182,445) |
| Forfeiture of Founder Shares | — | — | (90,000) | (9) | 9 | — | — |
| Net income | — | — | — | — | — | 1,833,653 | 1,833,653 |
| Balance – June 30, 2025 | — | $— | 7,500,000 | $750 | $— | $(11,495,936) | $(11,495,186) |
| Accretion for Class A Ordinary Shares to redemption amount | — | — | — | — | — | (3,154,678) | (3,154,678) |
| Net income | — | — | — | — | — | 3,093,694 | 3,093,694 |
| Balance – September 30, 2025 | — | $— | 7,500,000 | $750 | $— | $(11,556,920) | $(11,556,170) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.