Republic Digital Acquisition Co 1Q 2026: Net income $2.55M, EPS $0.07— 10-Q Summary

About this update from Republic Digital Acquisition Company

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 HighlightsNet 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 HighlightsCompleted 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: This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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