Renatus Tactical Acquisition I (RTACU)

-We’ve seen a mini bull run in SPACs this spring, with names like CEP running to ~$55 and BULL reaching ~$85. Currently, RTACU is trading around $12.50.
-It was initially scheduled to split its units in July, but that timeline was accelerated — the unit split will now occur on Monday, June 9.

Why I’m Bullish on RTACU
-Under the radar play in a market distracted by tariffs and macro uncertainty.
-Limited access: Robinhood and many other brokers — including international ones — don’t allow users to purchase SPAC units. Once units split, access opens up for a wider investor base.
-Same leadership as DWAC, which ran to $160 in 2021 following its merger announcement with Trump Media/Truth Social.
-Defined downside: Common shares are backed by ~$10 NAV. Assuming warrants trade at $0.60–$1.00 post-split, your effective downside is reduced to around 10–15%.
-Asymmetric setup: Known floor, open upside — classic lopsided SPAC trade.
-Crypto angle: Actively seeking a target in the crypto/blockchain space — a sector that has shown strong momentum recently.

Deal Overview
Name: Renatus Tactical Acquisition I (SPAC)
IPO Raise: $210 million
Units Offered: 21 million units at $10 each
Increased from 17.5 million originally

Unit Structure:
1 share of common stock
½ warrant per unit (whole warrant exercisable at $11.50)

Leadership Team
Eric Swider – CEO & Director
Former CEO of Digital World Acquisition Corp (DWAC)
Led DWAC’s merger with Trump Media & Technology Group (DJT)
Devin Nunes – Incoming Chairman
Current CEO of Trump Media

Investment Focus
Cryptocurrency & blockchain
Data security
Dual-use technologies (commercial/military)
Target Geography: U.S.-based businesses