Thu, May 15, 5:16 PM (54 days ago)
**Relativity Acquisition Corp. (RAC) (RAC) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Cash & Cash Equivalents:** $45,438 (operating) + $773,667 (Trust Account) = $819,105. - **Working Capital Deficit:** $2,392,803. - **Net Loss:** $463,778 (Q1 2025) vs. $236,796 (Q1 2024). - **Revenue:** None (pre-combination). - **Profit Margins:** N/A (pre-combination). - **Cash Flow:** Negative $173,680 (operating), $16,822 (investing), $234,266 (financing). **Earnings Changes & Quarterly Performance:** - **Earnings per Share (EPS):** -$0.11 (Q1 2025) vs. -$0.05 (Q1 2024). - **Share Price:** Affected by warrant liability changes and market conditions. **Trends & Uncertainties:** - **Business Combination:** Extended to February 15, 2026. - **Redemptions:** 753 shares redeemed in Q1 2025. - **Excise Tax:** $10,285 liability recorded. - **Liquidity:** Dependent on business combination success. **Future Operations Impact:** - **Target:** Instinct Brothers Co., Ltd. - **Considerations:** Market volatility, economic conditions, geopolitical instability. **Ticker:** RAC **Full Name:** Relativity Acquisition Corp.