Renatus Tactical Acquisition Corp I, a special purpose acquisition company (SPAC) with ties to Global Client Advisory Group (GCAG), has filed for a $175 million initial public offering with the U.S. Securities and Exchange Commission (SEC). The company, reported by Crowdfund Insider, plans to focus its investment efforts on emerging technology sectors.
RTAC-I is targeting high-growth companies in the digital asset and dual-use technology sectors within the U.S. Its strategy hinges on leveraging GCAG’s expertise in media, financial services and technology to identify promising acquisition targets. The IPO filing outlines plans to issue units that combine a Class A ordinary share with a half warrant, facilitating future share purchases.
The SPAC is chaired by Devin Nunes, CEO of Trump Media & Technology Group (TMTG), and led by Eric Swider, a TMTG director. Both Nunes and Swider previously played key roles in the merger between TMTG and Digital World Acquisition Corp, which resulted in TMTG’s listing on the NASDAQ under the ticker DJT. Swider also leads Renatus Advisors and Rubidex, a data security firm, whilst Nunes oversees platforms associated with TMTG, including Truth Social and its streaming and fintech divisions.
Clear Street LLC will manage the offering as underwriter. Prospective investors can review the preliminary prospectus via the SEC’s EDGAR system or contact Clear Street for additional information. GCAG confirmed that the IPO will only proceed following SEC approval and that no further updates will be provided unless necessary.
