Renatus Tactical Acquisition Corp I (NASDAQ:RTAC) filed its Form 10-Q for the quarterly period ended June 30, 2026, on August 14, 2026, reporting net income of $3,527,862 for the six months ended June 30, 2026.

Key Highlights

  • Net income: The company reported net income of $3,527,862 for the six months ended June 30, 2026, compared to $794,834 for the six months ended June 30, 2025.
  • Trust account balance: Cash held in Trust was $252,380,649 as of June 30, 2026, up from $248,183,492 as of December 31, 2025.
  • Redemption price: 24,150,000 Class A ordinary shares were subject to possible redemption at $10.45 per share as of June 30, 2026.
  • Shareholders' deficit: Total shareholders' deficit was $(10,664,197) as of June 30, 2026, compared to $(9,994,902) as of December 31, 2025.
  • Convertible notes: Convertible notes outstanding increased to $630,000 as of June 30, 2026, from $250,000 as of December 31, 2025.
  • Formation and operating expenses: Expenses totaled $669,295 for the six months ended June 30, 2026, versus $445,972 for the comparable prior-year period.

Renatus Tactical's Q2 2026 Financial Position and Results

According to the filing, Renatus Tactical Acquisition Corp I, a blank check company incorporated in the Cayman Islands, reported total assets of $252,654,642 as of June 30, 2026, with the substantial majority held in its Trust Account. The company disclosed that income earned on cash held in the Trust Account was $4,197,157 for the six months ended June 30, 2026, compared to $1,240,806 for the same period in 2025, which the filing identifies as the primary driver of net income.

The balance sheet as of June 30, 2026, showed total liabilities of $10,938,190, including a deferred underwriting fee of $8,452,500, accrued non-current expenses of $1,761,140, and convertible notes of $630,000. The company's cash position on hand (excluding the Trust Account) was $477 as of June 30, 2026, down from $4,031 at December 31, 2025. The filing also noted that the accumulated deficit grew to $(10,664,898) as of June 30, 2026, from $(9,995,603) at year-end 2025, reflecting remeasurement adjustments related to Class A ordinary shares subject to possible redemption.

The filing disclosed that as of August 14, 2026, there were 24,150,000 Class A ordinary shares and 7,011,288 Class B ordinary shares issued and outstanding. The company also noted that shares and associated accounts for prior periods were retroactively restated to reflect the surrender of 3,740,591 Class B ordinary shares 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 registrant indicated it has not filed all reports required during the preceding 12 months, checking "No" to that compliance question on the cover page.

What Was Disclosed

Renatus Tactical Acquisition Corp I filed its quarterly report covering the period ended June 30, 2026, disclosing net income of $3,527,862 for the first half of 2026, a Trust Account balance of $252,380,649, a growing shareholders' deficit, and increased convertible notes outstanding.