Renatus Tactical Acquisition Corp I filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 13, 2026, reporting net income of $1,967,602 for the third quarter and cash held in trust of $254,559,323.

Key Highlights

  • Trust Account Balance: Cash held in trust reached $254,559,323 as of September 30, 2026, up from $248,183,492 at December 31, 2025, according to the filing.
  • Q3 Net Income: The company reported net income of $1,967,602 for the three months ended September 30, 2026, compared to $2,176,664 in the same period of 2025.
  • Nine-Month Net Income: Net income for the nine months ended September 30, 2026 was $5,495,464, versus $2,971,498 for the nine months ended September 30, 2025.
  • Redemption Price Per Share: The 24,150,000 Class A ordinary shares subject to possible redemption were valued at $10.54 per share as of September 30, 2026, up from $10.28 per share at December 31, 2025.
  • Convertible Notes: Non-current convertible notes outstanding increased to $880,000 as of September 30, 2026, from $250,000 at December 31, 2025.
  • Shareholders' Deficit: Total shareholders' deficit was $(10,875,269) as of September 30, 2026, compared to $(9,994,902) at December 31, 2025.
  • Shares Outstanding: As of November 13, 2026, the company disclosed 24,150,000 Class A ordinary shares and 7,011,288 Class B ordinary shares issued and outstanding.

Renatus Tactical's Q3 2026 Financial Position and Operating Results

Renatus Tactical Acquisition Corp I (NASDAQ:RTAC), a blank check company incorporated in the Cayman Islands, reported its unaudited condensed financial results for the quarter and nine months ended September 30, 2026. According to the filing, total assets were $254,864,699 as of September 30, 2026, with the trust account comprising substantially all of that figure at $254,559,323. The company's current assets outside the trust were limited to $305,376, including cash of $81,004 and prepaid expenses of $224,372.

The filing disclosed that formation and operating expenses for the three months ended September 30, 2026 totaled $200,617, compared to $337,479 in the same quarter of 2025. Income earned on cash held in the trust account was $2,178,674 for the third quarter of 2026, versus $2,512,269 for the third quarter of 2025. The company also recorded interest expense of $10,455 in the three months ended September 30, 2026, which the filing attributes to the period's activity. Total other income for Q3 2026 was $2,168,219, resulting in net income of $1,967,602.

On the balance sheet, total liabilities as of September 30, 2026 were $11,180,645, including a deferred underwriting fee of $8,452,500, accrued non-current expenses of $1,761,140, and convertible notes of $880,000. The accumulated deficit stood at $(10,875,970) at the end of the quarter. The filing also noted that shares and associated accounts were retroactively restated to reflect the surrender of 3,740,591 Class B ordinary shares to the company for no consideration on March 13, 2025, and the issuance of an additional 1,168,548 Class B ordinary shares to the Sponsor for no consideration on May 14, 2025. The company is registered as a shell company under Rule 12b-2 of the Exchange Act, as indicated on the cover page.

What Was Disclosed

The filing covers Renatus Tactical Acquisition Corp I's unaudited financial statements for Q3 and the nine months ended September 30, 2026, disclosing trust account balances, net income, share counts, convertible note balances, and shareholders' deficit figures as of that date.