Republic Digital Acquisition Co reported results for the first quarter of 2026, posting net income of $2.55M and diluted earnings per share of $0.07, compared with a net loss of $48.5K and Class B EPS of $(0.01) in the year-ago quarter. The blank‑check company had no operating revenue as it continues to pursue a business combination.
Financial Highlights
- Net income was $2.55M for 1Q 2026, compared with a net loss of $48.5K in 1Q 2025.
- Diluted EPS was $0.07 for 1Q 2026 (basic & diluted), compared with $(0.01) per share for Class B in 1Q 2025.
- Revenue: not reported — the company is a blank‑check/SPAC with no operating revenue prior to a Business Combination.
Business Highlights
- Completed IPO on May 1, 2025, raising $300M that is held in trust and invested in short‑term U.S. government securities to fund a target acquisition strategy.
- Focus remains on fintech, software and cryptocurrency targets, with management engaged in target identification, due diligence and M&A preparation.
- The company must complete a business combination by May 1, 2027, subject to shareholder extension and redemption provisions.
Original SEC Filing:
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