CORAL GABLES, Fla., March 14, 2025 /PRNewswire/ — Global Client Advisory Group (“GCAG” or the “Company”), a holding company, announced today that Renatus Tactical Acquisition Corp I (“RTAC-I”), a newly formed special purpose acquisition company and an affiliate of GCAG, has filed a registration statement on Form S-1 (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”) in connection with a proposed initial public offering of its units. Each unit will consist of one Class A ordinary share of RTAC-I and one-half of one redeemable warrant to purchase one Class A ordinary share of RTAC-I.
RTAC-I was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. RTAC-I intends to focus its search on high potential businesses based in the United States in the cryptocurrency and blockchain, data security, and dual use technologies markets.
RTAC-I intends to leverage GCAG’s particular experience and expertise in media, financial services, and technology as well as the commercial, operational and financial expertise and industry relationships of RTAC-I’s directors and executive officers to effectively identify and execute on investment opportunities.
RTAC-I will be led by Eric Swider as Chief Executive Officer and Devin Nunes as the Chairman of the Board of Directors, who have extensive expertise in the areas of media, financial services, and technology. Mr. Swider and Mr. Nunes played key roles in the business combination between Trump Media & Technology Group (TMTG) and Digital World Acquisition Corp. (DWAC), which resulted in TMTG becoming a publicly traded company. Their leadership was instrumental in managing the complexities of the transaction, coordinating with various stakeholders, and navigating the regulatory process. Throughout the transaction, they worked to facilitate a successful closing and transition, supporting TMTG’s entry into the public markets. Mr. Swider is a Director of TMTG, the founder of Renatus Advisors, and has been serving as the Managing Partner of Renatus LLC since June 2016. Renatus Advisors works with private clients to resolve complex legal, strategic, and operational matters as well as public clients, providing services related to disaster and economic recovery. Through Renatus, he oversees Rubidex, a cutting-edge data security firm. Mr. Nunes is the Chief Executive Officer and the Chairman of TMTG, operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.F.
RTAC-I intends to raise $175 million in the proposed offering through the sale of units consisting of ordinary shares and warrants to purchase ordinary shares.
The offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained free of charge by visiting EDGAR on the SEC’s website at www.sec.gov or from Clear Street LLC, 4 World Trade Center, 150 Greenwich Street 45th Floor, New York, NY 10007, or by telephone at (646) 845-0036.
There can be no assurance the public filing of a registration statement on Form S-1 will result in any transaction or other action by GCAG. GCAG does not intend to comment on or provide updates regarding these matters unless and until it determines that further disclosure is appropriate or required based on the then-current facts and circumstances.
A registration statement, including a prospectus, which is preliminary and subject to completion, relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security, nor shall there be any sales of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any jurisdiction.
Cautionary Statement Concerning Forward-Looking Statements
This press release includes forward-looking statements, including statements relating to the proposed initial public offering of RTAC-I, including the terms thereof. There is no assurance that the proposed offering will be completed as anticipated or at all, and there are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein, including risks relating to unanticipated developments that prevent, delay or negatively impact the proposed offering and other risks and uncertainties disclosed by GCAG from time to time in its filings with the SEC. The forward-looking statements contained in this press release reflect management’s estimates and beliefs as of the date of this press release. GCAG expressly disclaims any obligation to update these forward-looking statements.
SOURCE Renatus Tactical Acquisition Corp I.
