Rithm Acquisition Corp. (RAC) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 12, 2026

Risk Assessment Details

Potential Dilution: 84.53% of current shares
Recent Dilution: 1082.69% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
24M
Potential Supply
20M
Additional shares possible
Splits
None
Past 2 years

Summary

RAC currently has 23.7M outstanding shares. with significant dilution risk as 20M authorized shares could dilute existing holders by 84.5%. The company has significantly diluted shareholders by 1082.69% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 12, 2026

10-Q filing | 23.7M shares outstanding

24M 20M
Dec 19, 2025

10-K filing | 5.8M shares outstanding

5.8M 20M
Aug 11, 2025

10-Q filing | 5.8M shares outstanding

5.8M 20M
May 09, 2025

10-Q filing | 0.7M shares outstanding

660K 20M
Feb 24, 2025

S-1/A filing: Rithm Acquisition Corp. is offering units in an initial public offering, each consisting of one Class A ordinary share and one-third of one redeemable warrant, with an underwriter option for additional units; private placement warrants are also being offered to the sponsor.

5.8M 20M
Feb 21, 2025

S-1/A filing: Rithm Acquisition Corp. is offering 20,000,000 units at $10.00 per unit in an initial public offering. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.

5.8M 21M
Feb 03, 2025

S-1 filing: Rithm Acquisition Corp. is offering 20,000,000 units at $10.00 per unit in an initial public offering. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.

N/A 21M
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