By Stephen Nakrosis
Blank check company Rithm Acquisition, which is affiliated with Rithm Capital, filed for a $200 million initial public offering on Monday.
The company said Michael Nierenberg, its chairman and chief executive officer, also serves as Rithm Capitals' CEO, president and chairman. Rithm Capital provides real estate, credit, and financial services.
Rithm Acquisition said it plans to target companies in the financial services and real estate sectors where its management has investment and operational experience.
The company will offer 20 million units at $10 per unit, and applied to list its units on the New York Stock Exchange NYSE under the symbol RAC.U.
Citigroup, BTIG, and UBS Investment Bank are listed as the offering's joint book-runing managers.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
February 03, 2025 18:24 ET (23:24 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。