Renatus Tactical Acquisition Corp I, a special purpose acquisition company (SPAC) connected to Global Client Advisory Group (GCAG), has filed for a $175 million initial public offering (IPO) with U.S. regulators. The SPAC’s focus is on investment opportunities within the burgeoning cryptocurrency, blockchain, and data security industries.
The IPO filing with the U.S. Securities and Exchange Commission (SEC) details the plan to offer units comprising a Class A ordinary share along with a half warrant, enabling future share purchases. RTAC-I intends to identify high-growth U.S. companies operating within the digital asset and dual-use technology sectors. The company aims to leverage GCAG’s expertise in media, financial services, and technology to identify promising acquisition targets.
Devin Nunes, the CEO of Trump Media & Technology Group, chairs the SPAC, with Eric Swider, a TMTG director, leading the venture. Both executives previously played key roles in the merger between TMTG and Digital World Acquisition Corp, which led to TMTG’s NASDAQ listing under the ticker DJT. Swider also holds leadership positions at Renatus Advisors and Rubidex, a data security firm, while Nunes oversees various platforms under TMTG, including Truth Social and its associated streaming and fintech divisions.
Clear Street LLC will act as the offering’s underwriter. Prospective investors can review the preliminary prospectus through the SEC’s EDGAR system or by contacting Clear Street directly for further information. GCAG has clarified that the IPO is contingent upon SEC approval and that no further updates will be provided unless required.
