- Business
- Renatus Tactical Acquisition Corp I (Nasdaq: RTACU) is a blank check company incorporated in the Cayman Islands that seeks to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, with a primary focus on high-potential United States-based targets in cryptocurrency and blockchain, data security, and dual-use technologies; it offers no current products or services beyond its SPAC structure, including units comprising one Class A ordinary share and one-half of one redeemable public warrant exercisable at $11.50 per share, alongside private placement warrants; and it holds proceeds in trust pending a business combination. The company, founded in 2024 and headquartered at 1825 Ponce de Leon Blvd, Suite 260, Coral Gables, Florida, operates globally in capital markets but targets primarily United States enterprises with enterprise values between $500 million and $5 billion. It maintains no employees or ongoing operations and is a subsidiary of International SPAC Management Group I LLC.
Leadership includes CEO Eric Swider, formerly of Digital World Acquisition Corp, Chairman Devin Nunes of Trump Media & Technology Group, COO Alexander Cano, also ex-DWAC, and CFO Ian Rhodes. In May 2025, the company closed an upsized initial public offering of 24.15 million units at $10.00 per unit for gross proceeds of $241.5 million, including the full exercise of underwriters' over-allotment option by Clear Street LLC; units began trading on Nasdaq under RTACU on May 15, 2025, with Class A shares and warrants to trade separately as RTAC and RTACW; Sponsor HoldCo committed to 3.94 million private placement warrants at $1.00 each. No business combination target has been announced as of December 2025, and the company has 24 to 30 months from IPO closing to complete one or redeem shares.