Rithm Acquisition Corp. logo

Rithm Acquisition Corp. (RAC-UN)

Market Closed
4 Jun, 20:00
NYSE NYSE
$
10. 65
0
0%
$
251.98M Market Cap
- P/E Ratio
- Div Yield
1 Volume
- Eps
$ 10.65
Previous Close
Investors:
Add Transaction
Day Range
10.65 10.65
Year Range
10.28 11.5
Want to track RAC-UN and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

Summary

RAC-UN closed Thursday higher at $10.65, an increase of 0% from Wednesday's close, completing a monthly increase of 0% or $0. Over the past 12 months, RAC-UN stock lost -0.9302%.
RAC-UN is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

RAC-UN Chart

Rithm Acquisition Corp. Investors

Name Quantity Cost Value Profit ($) Gain (%)
BO
Brian Oliveira Clear Street Group Inc.
2,763 $29,548.68 $29,425.95 -$122.73 -0.42%

Rithm Acquisition Corp. (RAC-UN) FAQ

What is the stock price today?

The current price is $10.65.

On which exchange is it traded?

Rithm Acquisition Corp. is listed on NYSE.

What is its stock symbol?

The ticker symbol is RAC-UN.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 251.98M.

Has Rithm Acquisition Corp. ever had a stock split?

No, there has never been a stock split.

Rithm Acquisition Corp. Profile

Trading Companies & Distributors Industry
Industrials Sector
Michael Nierenberg CEO
NYSE Exchange
G75751126 CUSIP
US Country
2 Employees
- Last Dividend
- Last Split
- IPO Date

Overview

Rithm Acquisition Corp. is a blank check company established with the primary goal of completing a merger, share exchange, asset acquisition, share purchase, reorganization, or a comparable business combination. The company is sponsored by an affiliate of Rithm Capital Corp., a well-regarded entity in the financial sector. Rithm Acquisition Corp. strategically targets businesses that operate within the financial services and real estate industries while also exploring opportunities in the realm of digital infrastructure. This focus positions the company to leverage potential growth areas and enhance value for its stakeholders.

Products and Services

  • Merger Facilitation

    Rithm Acquisition Corp. engages in the process of merging with target companies, allowing for synergistic growth and enhanced market positioning. The company aims to identify and collaborate with firms that show promising potential for success in aligning their operations with Rithm's strategic objectives.

  • Asset Acquisition

    The company actively pursues opportunities for acquiring valuable assets from target businesses. This service is designed to bolster the company's portfolio and create a diversified asset base, which consequently enhances overall company value.

  • Share Exchange

    Rithm Acquisition Corp. provides a platform for companies to execute share exchanges, enabling a seamless transition for businesses looking to realign their equity structures or enhance their market presence through strategic partnerships.

  • Reorganization Services

    The firm offers reorganization services aimed at optimizing the operational efficiency and financial structure of target companies, ensuring they are capable of navigating market challenges and capitalizing on emerging opportunities effectively.

  • Investment in Digital Infrastructure

    Recognizing the increasing importance of technology in today's business landscape, Rithm Acquisition Corp. seeks investment opportunities within the digital infrastructure sector. This includes focusing on companies that provide technology solutions and services to enhance operational capabilities and customer reach.

  • Strategic Consulting

    In addition to its core services, the company may provide strategic consulting to its partners, assisting them in identifying growth opportunities, market entry strategies, and operational improvements that drive long-term profitability and success.

Contact Information

Address: 799 Broadway, 8th Floor
Phone: 1 212-850-7770