---
title: "Rithm Acquisition | 10-Q: FY2026 Q1 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275174669.md"
datetime: "2026-02-06T21:33:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275174669.md)
  - [en](https://longbridge.com/en/news/275174669.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275174669.md)
---

# Rithm Acquisition | 10-Q: FY2026 Q1 Revenue: USD 0

Revenue: As of FY2026 Q1, the actual value is USD 0.

EPS: As of FY2026 Q1, the actual value is USD 0.07.

EBIT: As of FY2026 Q1, the actual value is USD -2.72 M.

Rithm Acquisition Corp. does not currently conduct operating activities or generate revenue, as operating revenues are not expected until after the completion of its initial Business Combination.

#### Operational Metrics

-   **Net Income (Loss)**:
    -   Net income was $2,176,758 for the three months ended December 31, 2025.
    -   The company reported a net loss of - $46,232 for the period from November 21, 2024 (inception) through December 31, 2024.
-   **Loss from Operations**:
    -   Loss from operations was - $271,510 for the three months ended December 31, 2025.
    -   Loss from operations was - $46,232 for the period from November 21, 2024 (inception) through December 31, 2024.
-   **General and Administrative Costs**:
    -   General and administrative costs totaled $271,510 for the three months ended December 31, 2025.
    -   These costs amounted to $46,232 for the period from November 21, 2024 (inception) through December 31, 2024.
-   **Other Income**:
    -   Interest earned on cash in the bank was $2,513 for the three months ended December 31, 2025.
    -   Interest earned on cash held in the Trust Account was $2,445,755 for the three months ended December 31, 2025.
    -   Total other income was $2,448,268 for the three months ended December 31, 2025.

#### Cash Flow

-   **Net Cash Used in Operating Activities**:
    -   Net cash used in operating activities was - $150,109 for the three months ended December 31, 2025.
    -   Net cash used in operating activities was $0 for the period from November 21, 2024 (inception) through December 31, 2024.

#### Unique Metrics

-   **Cash Balance**:
    -   Cash was $401,091 as of December 31, 2025, compared to $551,200 as of September 30, 2025.
-   **Cash Held in Trust Account**:
    -   Cash held in the Trust Account totaled $238,434,852 as of December 31, 2025, an increase from $235,989,097 as of September 30, 2025.
-   **Deferred Underwriting Fee Payable**:
    -   The deferred underwriting fee payable remained at $8,050,000 as of both December 31, 2025, and September 30, 2025.
-   **Class A Ordinary Shares Subject to Possible Redemption**:
    -   These shares were valued at $238,434,852 as of December 31, 2025, up from $235,989,097 as of September 30, 2025.

#### Future Outlook and Strategy

Rithm Acquisition Corp. aims to complete an initial Business Combination, utilizing proceeds from its initial public offering and private placement, along with potential future share sales, debt, or a combination of these methods. The Business Combination must have an aggregate fair market value of at least 80% of the net assets held in the Trust Account at the time of signing the agreement. If a Business Combination is not completed within the Combination Period, the company will cease operations, redeem Public Shares, and subsequently liquidate and dissolve, with Warrants expiring worthless.

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