Republic Digital Acquisition Company is a special purpose acquisition company (SPAC) incorporated as a Cayman Islands exempted company and headquartered in New York, NY. The company was founded in 2025 and is led by CEO and Chief Investment Officer Joseph Ali Naggar, along with CFO/COO Jonathan Knipper and General Counsel ...Republic Digital Acquisition Company is a special purpose acquisition company (SPAC) incorporated as a Cayman Islands exempted company and headquartered in New York, NY. The company was founded in 2025 and is led by CEO and Chief Investment Officer Joseph Ali Naggar, along with CFO/COO Jonathan Knipper and General Counsel Darren Sandler. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, with a focus on innovative businesses, particularly in the fintech and digital asset sectors. The company completed a $300 million initial public offering in May 2025, with its units, Class A ordinary shares, and warrants trading on Nasdaq under the tickers RDAGU, RDAG, and RDAGW respectively. As of the latest data, the company has a market capitalization of approximately $388.9 million and its stock trades around $10.37 per share. The company's operations are typical of a SPAC, with no current revenue or operational business, and its financial metrics reflect it as a shell company. It holds a trust account from IPO proceeds, and its current ratio and cash ratio are high, indicating ample liquidity. The company's enterprise value is roughly in line with its market cap, and it has minimal debt. As a SPAC, it aims to identify and merge with a target company, and its success will depend on future business combination. The company's website is rdag.republic.com, and it is part of the Republic ecosystem, which has a digital asset investment arm established in 2024. The company has not yet announced a target company, and its timeline for a business combination is subject to regulatory and market conditions. With a small team and no full-time employees as of now, the company operates with a lean structure typical of early-stage SPACs.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$0
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Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$7.7M
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+4.3%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
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Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
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Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
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Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-387850
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+60.3%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
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Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
0.0%
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Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
13.88x
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+147.0%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
