Renatus Tactical Acquisition Corp I Announces Closing of Upsized $241.5 Million Initial Public Offering

Renatus Tactical Acquisition Corp I (Nasdaq: RTACU) (the “Company”) today announced the closing of its upsized initial public offering of 24,150,000 units at $10.00 per unit, including 3,150,000 units issued pursuant to the full exercise of the underwriters' over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $241,500,000.

The units began trading on The Nasdaq Global Market (“Nasdaq”) under the ticker symbol “RTACU” on May 15, 2025. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “RTAC” and “RTACW,” respectively.

“We are very pleased with the strong market reception to our offering and grateful for the trust placed in us by our investors. As we move forward, we see this as an opportunity to help shape the SPAC product to be more market friendly for potential targets and accessible to retail shareholders,” said Eric Swider, Chief Executive Officer, Renatus Tactical Acquisition Corp I. “With our upsized offering now complete, we look forward to evaluating compelling opportunities in our target sectors, with a focus on innovative companies at the intersection of blockchain technology and data security, to identify an investment that we believe can deliver meaningful shareholder value.”

The Company was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any industry, sector or geographic region, the Company intends to focus its search on high potential businesses based in the United States in the cryptocurrency and blockchain, data security and dual use technologies markets.

Clear Street acted as sole book-running manager for the offering. Paul Hastings LLP served as legal counsel to the Company.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission on May 14, 2025. The offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from Clear Street, Attn: Syndicate Department, 150 Greenwich Street, 45th floor, New York, NY 10007, by email at ecm@clearstreet.io, or from the SEC's website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Cautionary Note Regarding Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds from the offering and the Company’s expectations regarding its ability to complete an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the Company will ultimately complete a business combination transaction in the sector it is targeting or at all. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement on Form S-1 and preliminary prospectus for the Company’s offering filed with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250516227901/en/