<span item_type="fundamental" item_id="f85aafa598689c26df5baf6d65286d5e" counter_id="ST/US/RAC" env="prod"></span><span item_type="announcement" item_id="514297888374327681" env="prod"></span><p>EPS: As of FY2025 Q2, the actual value is USD 0.05.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not commenced any operations and does not expect to generate operating revenues until after the completion of its initial Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2047497/000141057825001173/racun-20250331x10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>For the three months ended March 31, 2025, the company reported a net income of $680,183, primarily due to interest income of $810,111 earned on cash held in the Trust Account, offset by general and administrative expenses of $129,928.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2047497/000141057825001173/racun-20250331x10q.htm"></span></li><li>For the period from November 21, 2024 (inception) through March 31, 2025, the company reported a net income of $633,951, with interest income of $810,111 and general and administrative expenses totaling $176,160.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2047497/000141057825001173/racun-20250331x10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities for the period from November 21, 2024 (inception) through March 31, 2025 was - $378,913.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2047497/000141057825001173/racun-20250331x10q.htm"></span></li><li>Cash held in Trust Account as of March 31, 2025 was $230,810,111.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2047497/000141057825001173/racun-20250331x10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The company completed its Initial Public Offering on February 28, 2025, raising gross proceeds of $230,000,000 through the sale of 23,000,000 units, including the full exercise of the over-allotment option.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2047497/000141057825001173/racun-20250331x10q.htm"></span></li><li>Simultaneously, the company raised $6,600,000 through the sale of 660,000 Private Placement Units.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2047497/000141057825001173/racun-20250331x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company intends to use the net proceeds from the Initial Public Offering and Private Placement Units to consummate a Business Combination, with a requirement to complete one or more initial Business Combinations having an aggregate fair market value of at least 80% of the net assets held in the Trust Account.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2047497/000141057825001173/racun-20250331x10q.htm"></span></li><li><strong>Non-Core Business</strong>: There are no specific plans related to divestitures or emerging segments mentioned in the report.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2047497/000141057825001173/racun-20250331x10q.htm"></span></li></ul>

Rithm Acquisition | 10-Q: FY2025 Q2 EPS: USD 0.05