RXR Acquisition Corp.
RXRA
NASDAQ Capital Market10.04
USD
+0.04
- -
RXR Acquisition Corp.
RXRA
(NASDAQ Capital Market)
Recent
price
10.04
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- RXR Acquisition Corp. is a special purpose acquisition company (SPAC) primarily engaged in effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with a strategic focus on companies operating at the intersection of real estate and technology (PropTech), including related urban technology sectors such as logistics, modern mobility, and financial services. Incorporated in 2021 and headquartered in Uniondale, New York, RXR Acquisition Corp. targets businesses that leverage technology to address inefficiencies in urbanization and real estate operations. Its sponsor is an affiliate of RXR Realty LLC, a leading vertically integrated real estate owner, investor, operator, and developer with extensive operations primarily in the New York metropolitan region and other fast-growth U.S. markets. RXR Realty manages a diversified portfolio comprising significant commercial and residential properties, infrastructure projects, and multi-family developments, supported by expertise across investment management, property operations, development and construction, and value-added lending. Recent major company developments include the successful closing of an initial public offering (IPO) in March 2021 that raised $300 million in gross proceeds, establishing capital for business combinations. More recently, in 2025, RXR through its broader corporate network completed substantial real estate acquisitions such as a $1.1 billion purchase of 590 Madison Avenue in Midtown Manhattan and the acquisition of a 49% stake in 1211 Avenue of the Americas, a landmark office building in New York City, in partnership with Ivanhoé Cambridge. These acquisitions underscore RXR’s strategic expansion in prime commercial office assets, combined with efforts to enhance tenant experiences through innovative property management programs. RXR Acquisition Corp. operates within the diversified financials sector with a clear emphasis on the real estate and technology convergence, targeting customers and partners in commercial real estate markets, institutional investors, and urban development projects across the United States. The company leverages the expertise and platform of RXR Realty, headquartered in New York, to create long-term value from real estate assets enhanced by technology and innovation. In summary, RXR Acquisition Corp. is a SPAC dedicated to combining with businesses in PropTech and Urban Tech sectors, backed by RXR Realty's robust real estate platform and expertise, actively pursuing landmark office and mixed-use acquisitions and positioning itself to capitalize on technological transformation in real estate and urban ecosystems.