In Q1 FY2026 (ended March 31, 2026), Republic Digital Acquisition Co reported net income of $2.55 million, a significant increase of 5,357% year-over-year, though operating income was a loss of $165,444. Cash stood at $868,792, while shareholders' equity was negative $11.8 million. No revenue or diluted EPS were reported.
•Net income of $2.55 million, up 5,357% YoY.
•Operating loss of $165,444, worsening 241% YoY.
•Cash of $868,792; negative equity of $11.8 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Republic Digital Acquisition Company focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Republic Digital Acquisition Company was incorporated in 2025 and is based in New York, New York.
What does Republic Digital Acquisition Company (RDAG) do?
Republic Digital Acquisition Company is a blank check company, also known as a special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company does not currently have any operations or revenue-generating activities. Instead, it focuses on identifying and acquiring a target company, typically in the digital or technology sectors, as implied by its name. The ultimate goal is to complete a business combination that will take a private company public through the SPAC structure.
Where is Republic Digital Acquisition Company (RDAG) listed and what currency is used?
Republic Digital Acquisition Company is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol RDAG. The company trades in U.S. dollars (USD), which is the standard currency for stocks listed on U.S. exchanges. Being listed on Nasdaq provides the company with access to a broad base of institutional and retail investors, as well as increased liquidity and visibility in the financial markets. The listing also subjects the company to the regulatory requirements of the U.S. Securities and Exchange Commission (SEC) and Nasdaq's listing standards.
What sector and industry does Republic Digital Acquisition Company (RDAG) belong to?
Republic Digital Acquisition Company operates in the Financial Services sector and is classified under the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets, often formed for the purpose of raising capital through an initial public offering (IPO) with the intention of acquiring or merging with an existing operating company. In this case, the company is a SPAC, which is a type of shell company that pools investor funds to acquire a private company, thereby taking it public without going through the traditional IPO process. The Financial Services sector encompasses a wide range of businesses that manage money, including banks, investment firms, and insurance companies, but SPACs like RDAG are a specialized subset focused on facilitating mergers and acquisitions.
Where is Republic Digital Acquisition Company (RDAG) headquartered?
Republic Digital Acquisition Company is headquartered in New York, New York, United States. The company was incorporated in 2025 and is based in one of the world's leading financial centers. Being located in New York provides the company with proximity to major investment banks, law firms, and potential acquisition targets. The company's focus on effecting a business combination means that its headquarters serves as the base for its management team to identify, evaluate, and negotiate potential merger or acquisition opportunities. The New York location also facilitates access to capital markets and a network of investors interested in SPAC transactions.