Real Asset Acquisition Corp. Announces Pricing of $150 Million Initial Public Offering

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PRINCETON, NJ, April 28, 2025 (GLOBE NEWSWIRE) -- Real Asset Acquisition Corp.(the "Company") today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit.

Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments.

Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "RAAQ" and "RAAQW," respectively.

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Article Details

Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets: United States

Topics: IPOs RAAQU Press Releases News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 21:07:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 652 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28282709

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Official Website: benzinga.com

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