References in this Annual Report to the “Company,” “Renatus Tactical Acquisition Corp I,” “Renatus,” “New RTAC,” “we,” “us,” or “our” are to Renatus Tactical Acquisition Corp I, a Cayman Islands exempted company. References to:
| ● | “Additional Working Capital Loans” are to the loans that Sponsor or an affiliate of the Sponsor, or certain of our officers and directors may, but are not obligated to, provide to us in order to finance transactions costs in connection with an intended initial business combination, up to $1,500,000 of which may be converted into Class A ordinary shares, at the option of Sponsor; |
| ● | “amended and restated memorandum and articles of association” are to our amended and restated memorandum and articles of association in effect upon the completion of our initial public offering; |
| ● | “Companies Act” are to the Companies Act (As Revised) of the Cayman Islands as the same may be amended from time to time; |
| ● | “directors” are to our directors; |
| ● | “Extension Period” are to extensions to the amount of time we will have to complete an initial business combination pursuant to an amendment to our amended and restated memorandum and articles of association as voted by our shareholders. There is no limit on the number of times our shareholders can vote to amend our amended and restated memorandum and articles of association to extend the amount of time we will have to complete an initial business combination and any such extension may be for any amount of time; |
| ● | “founder shares” are to our Class B ordinary shares initially purchased by Sponsor, (i) 1,545,376 of which were sold to non-Sponsor investors and certain of our directors at an aggregate purchase price of $3,800,032, (ii) 500,000 of which were transferred to our independent directors and officers, for their services and (iii) up to 200,000 of which will transferred to certain of our advisors for services to us after the completion of the initial public offering and prior to the closing of our initial business combination, and our Class A ordinary shares that will be issued upon conversion thereof; |
| ● | “GCAG” are to Global Client Advisory Group, a Cayman Islands exempted company controlled by Eric Swider; |
| ● | “initial shareholders” are to Sponsor, including any indirect holders of founder shares, through ownership of membership interests in Sponsor, which interests represent an interest in the founder shares, and other holders of our founder shares prior to the initial public offering, including, but not limited to, our independent directors and the non-Sponsor investors; |
| ● | “Insider Letter Agreement” refers to the letter agreement entered into with Sponsor and our officers and directors, included hereto as Exhibit 10.4; |
| ● | “IPO Prospectus” refers to our prospectus dated May 13, 2025 relating to our initial public offering. |
| ● | “management” or our “management team” are to our officers and directors; |
| ● | “non-Sponsor investors” are to certain institutional investors (none of which are affiliated with any member of our management, Sponsor Investors or any other investor) that purchased founder shares from Sponsor and received private placement warrants in a private placement following the initial public offering; |
| ● | “Non-Sponsor Investors Letter Agreement” refers to the letter agreement entered into with each of the non-Sponsor investors, included hereto as Exhibit 10.5; |
| ● | “ordinary shares” are to our Class A ordinary shares and our Class B ordinary shares; |
| ● | “permitted withdrawals” means amounts to be withdrawn from the trust account to pay our franchise and income taxes, provided that all permitted withdrawals can only be made (x) from interest earned (less up to $100,000 interest to pay dissolution expenses) and not from the principal held in the trust account and (y) only to the extent such interest is in amount sufficient to cover the permitted withdrawal amount; |
| ● | “private placement” are to a subscription of 5,500,000 warrants at a price of $1.00 per warrant ($5,500,000 in the aggregate) by our sponsor in a private placement that closed simultaneously with the closing of our initial public offering; |
| ● | “private placement warrants” are to the warrants issued to Sponsor and the non-Sponsor investors in a private placement to occur simultaneously with the closing of the initial public offering, which private placement warrants are identical to the public warrants, subject to certain limited exceptions described in the IPO Prospectus, including, but not limited to, the number of shares of Class A ordinary shares underlying each warrant; |
| ● | “public shareholders” are to the holders of our public shares, including our Sponsor, Sponsor Investors, the non-Sponsor investor, and our officers and directors to the extent such persons purchase public shares, provided that each of their status as a “public shareholder” shall only exist with respect to such public shares; |
| ● | “public shares” are to our Class A ordinary shares sold as part of the units in our initial public offering (whether they are purchased in our initial public offering or thereafter in the open market); |
| ● | “public warrants” are to our warrants sold as part of the units in our initial public offering (whether they are purchased in the initial public offering or thereafter in the open market); |
| ● | “Sarasota Global” are to Sarasota Global Enterprises, LLC, a Florida limited liability company controlled by Devin Nunes; |
| ● | “Sponsor” are to International SPAC Management Group I LLC, a Cayman Islands limited liability company, formed by GCAG on July 3, 2024; |
| ● | “Sponsor Investors” are to Global Client Advisory Group and Sarasota Global; |
| ● | “warrants” are, collectively, to the public warrants and the private placement warrants; |
| ● | “warrant agreement” are to our warrant agreement governing the warrants, included hereto as Exhibit 4.4; |
| ● | “we,” “us,” “company” or “our company” are to Renatus Tactical Acquisition Corp I, a Cayman Islands exempted company; |
| ● | “Working Capital Convertible Note” are to the convertible promissory note, the form of which is filed as an exhibit to the registration statement, to be issued to Sponsor simultaneously with the closing of the initial public offering in the principal amount of up to $442,500 (or up to $639,375 if the underwriters’ over-allotment option is exercised in full), all of which may be converted into Class A ordinary shares at the option of Sponsor; and |
| ● | “$,” “US$” and “U.S. dollar” are to the United States dollar. |
