Renaissance Capital logo

Relativity Acquisition Priced, Nasdaq: RACY

Blank check company targeting the cannabis industry (pending: Instinct Bio Technical).

Industry: SPAC

Latest Trade: $12.99 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: +29.9%

We are a newly organized blank check company. While we intend to focus our search for businesses in the cannabis industry, we may pursue a business combination target in any business, industry or geographical location, including related industries such as consumer packaged goods, health & wellness, technology, pharmaceuticals, manufacturing, distribution, logistics and brand management. Any target business in the cannabis industry that we identify must be compliant with all applicable laws and regulations within the jurisdictions in which it is located or operates and, in particular, we will not invest in, or consummate a business combination with, a target business that we reasonably believe has been operating, or whose business plan is to operate, in violation of U.S. federal laws or foreign laws, including the U.S. Controlled Substances Act. Tarek K. Tabsh, Chief Executive Officer and Chairman of the Company, has over 15 years of legal, commercial cannabis experience.
IPO Data
IPO Date 02/10/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 12.5
Deal Size ($mm) $125
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
A.G.P.
Brookline Capital Markets
Company Data
Headquarters Las Vegas, NV, United States
Founded 2021
Employees at IPO 2

Relativity Acquisition (RACY) Performance

Created with Highcharts 10.3.2Chart context menuRACY vs. IPO Index (IPOUSA)Mar '22May '22Jul '22Sep '22Nov '22Jan '23Mar '23May '23Jul '23Sep '23Nov '23Jan '24Mar '24May '24Jul '24Sep '24Nov '24Jan '25Mar '25-100%-50%0%+ 50%+ 100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexRACYOur ETF tracks the IPO Index