Republic Digital Acquisition, a blank check company targeting fintech, software, and cryptocurrency, filed on Friday with the SEC to raise up to $220 million in an initial public offering.
The New York, NY-based company plans to raise $220 million by offering 22 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.
Republic Digital Acquisition is led by CEO, CIO, and Director Joseph Naggar, who currently serves as the CEO and CIO of Republic Digital, a digital asset investment firm specializing in liquid trading strategies across cryptocurrencies and other digital assets. The SPAC plans to target the fintech, software, and cryptocurrency industries, focusing on businesses with above-industry-average growth, substantial free cash flow generation, and a defensible market position.
Republic Digital Acquisition was founded in 2025 and plans to list on the Nasdaq under the symbol RDAGU. Cantor Fitzgerald is the sole bookrunner on the deal.
