11:31 AM EDT, 05/15/2025 (MT Newswires) -- Renatus Tactical Acquisition Corp I (RTACU) units rose in their trading debut on Nasdaq Thursday after the company priced its initial public offering of 21 million units at $10 apiece.
The units were up more than 8% in recent trading after opening at $10.60.
Its underwriters have a 45-day option to buy up to 3.15 million additional units. Each unit comprises of one class A share and one-half of a redeemable public warrant.
Once the securities comprising the units start trading separately, the shares and warrants will trade under the symbols RTAC and RTACW, respectively. The offering is expected to close Friday.
Price: 10.85, Change: +0.85, Percent Change: +8.50