- CEO
- Joseph Ali Naggar
- Full Time Employees
- 7
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 18 West 18th Street New York City NY United States of America 10010
- IPO Date
- May 1, 2025
- Business
- Republic Digital Acquisition Company (RDAGU) operates as a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands and focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, particularly high-growth targets in the fintech, software, and cryptocurrency sectors; its securities include units comprising one Class A ordinary share and one-half of one redeemable warrant exercisable at $11.50 per share, with separated shares and warrants trading under the symbols RDAG and RDAGW, respectively. Founded on January 23, 2025, and headquartered at 149 Fifth Avenue, 10th Floor, New York, New York, the company completed an upsized initial public offering of 30 million units at $10.00 per unit in May 2025, raising $300 million in gross proceeds, including the full exercise of the underwriters' over-allotment option, with units commencing trading on Nasdaq on May 1, 2025, and separate trading of shares and warrants beginning June 23, 2025. Led by CEO and Chief Investment Officer Joseph Ali Naggar, the company targets innovative businesses in the digital economy, including AI-driven payment systems, blockchain solutions, SaaS platforms with cloud or AI integration, crypto liquidity infrastructure, staking protocols, and real-world asset tokenization, serving institutional and retail investors seeking public market access for such entities. Recent leadership changes include the appointment of Jonathan Knipper as CFO effective June 15, 2025, following the resignation of Ian Goodman, with Knipper having previously served as the company's COO since January 2025 and bringing experience from Republic Digital, Goldman Sachs, and Morgan Stanley; further, Robert Urgo was appointed CFO effective October 24, 2025, succeeding Knipper amid ongoing executive transitions as reported in the company's third-quarter 2025 filings. As of late 2025, no business combination target has been announced, positioning the SPAC within a 24-month window to pursue opportunities amid regulatory and market dynamics in its focus industries.