Rithm Acquisition Corp.
Business
Rithm Acquisition Corp. is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It offers a vehicle to identify, evaluate and consummate an initial business combination using proceeds from its public offering, private placement and other financing sources, and provides redemption rights to public shareholders. Its activities are organized around targeting financial services, real estate and digital infrastructure opportunities leveraging Rithm’s asset management platform and deal-sourcing capabilities. It sources targets through Rithm’s global network, investment bankers, private funds and other market intermediaries and may pursue transactions across domestic and international markets.
Summary from filing dated 2025-12-19
Financials
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-11-30 |
|---|---|---|---|
| Cash | 551,200 | — | |
| Due from related party | 36,010 | — | |
| Prepaid expenses | 29,437 | — | |
| Short-term prepaid insurance | 187,500 | — | |
| Total current assets | 804,147 | — | |
| Long-term prepaid insurance | 77,009 | — | |
| Cash held in Trust Account | 236 | — | |
| Total Assets | 237 | — | |
| Accrued expenses | 51,261 | — | |
| Total current liabilities | 51,261 | — | |
| Deferred underwriting fee payable | 8 | — | |
| Total Liabilities | 8 | — | |
| Commitments and Contingencies (Note 5) | — | — | |
| Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding | — | — | |
| Accumulated deficit | −7 | — | |
| Total Shareholders' Deficit | −7 | 0 | |
| Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders' Deficit | 237 | — |