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Rithm Acquisition Corp. Class A ( (RAC) ) has issued an announcement.
On January 26, 2026, Rithm Acquisition Corp. received a notice from the New York Stock Exchange that it was no longer in compliance with the exchange’s requirement to maintain at least 300 public stockholders, putting its NYSE listing at risk if the issue is not remedied. The company has 45 days from receipt of the notice to submit a business plan showing how it will regain compliance within an 18‑month period ending no later than March 12, 2026, during which time its shares will continue to trade under existing ticker symbols provided the NYSE approves the plan and the company meets other listing standards; failure to satisfy the plan or obtain approval could ultimately lead to suspension and delisting, creating uncertainty for investors around the stock’s long‑term trading venue.
More about Rithm Acquisition Corp. Class A
Rithm Acquisition Corp. is a publicly listed special purpose acquisition company sponsored by an affiliate of Rithm Capital Corp., focused on targeting businesses in the financial services and real estate sectors, as well as opportunities in digital infrastructure and at the intersection of infrastructure and technology, where its management team and sponsor have significant investment and operational experience aimed at generating attractive risk-adjusted returns for shareholders.
Average Trading Volume: 27,727
Technical Sentiment Signal: Strong Buy
Current Market Cap: $221.5M
Find detailed analytics on RAC stock on TipRanks’ Stock Analysis page.