Renatus Tactical Acquisition Corp. I (RTACU) upsized its SPAC IPO at pricing to 21.0 million units – up from 17.5 million units in the prospectus – and priced the deal at $10.00 per unit – as expected – to raise $210 million on Wednesday night, May 14, 2025. The units of Renatus Tactical Acquisition Corp. I (RTACU) are expected to start trading today – Thursday, May 15, 2025 – on the NASDAQ. Each unit consists of one Class A ordinary share and one-half of one redeemable public warrant.
“We intend to focus our search on high potential businesses based in the United States in the cryptocurrency and blockchain, data security and dual use technologies markets,” Renatus Tactical Acquisition Corp. I said in the prospectus.
Devin Nunes, chairman of Renatus Tactical Acquisition Corp. I’s board of directors, has served as the CEO of Trump Media & Technology Group Corp. (TMTG) since 2022. Nunes previously spent almost 20 years in the U.S. House of Representatives where he served as the Republican leader and chairman of the House Permanent Select Committee on Intelligence.
CEO Eric Swider “has a strong track record in the SPAC space, having served as Chief Executive Officer of Digital World Acquisition Corp. (“DWAC”), where he played a pivotal role in steering the company through its successful merger with Trump Media & Technology Group Corp. (“TMTG”),” the prospectus said.
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