Renatus: Upsized $210 Million IPO with Paul Hastings' Guidance
Deal News | May 16, 2025 | Paul Hastings
Paul Hastings LLP is advising Renatus Tactical Acquisition Corp I on its upsized $210 million initial public offering (IPO). Renatus Tactical Acquisition Corp I has successfully upsized its IPO to $210 million by issuing 21,000,000 units. Trading for these units began on May 15, 2025, with the offering expected to close the following day, subject to standard closing conditions. This strategic move on the Nasdaq exchange, under the ticker RTACU, highlights the confidence and expertise brought forth by Paul Hastings and their seasoned team of advisors. The offering engaged several verticals within Paul Hastings, including Securities & Capital Markets and Mergers & Acquisitions, showcasing their diverse legal expertise.
Sectors
- Securities & Capital Markets
- Mergers & Acquisitions
- Legal Services
Geography
- United States – Renatus Tactical Acquisition Corp I is a public company trading on the Nasdaq, an American stock exchange, and Paul Hastings is an American law firm.
Industry
- Securities & Capital Markets – This sector involves the activities and transactions relating to the issuance and trading of securities, as evidenced by the IPO of Renatus Tactical Acquisition Corp I managed by Paul Hastings.
- Mergers & Acquisitions – Although the primary focus is on the IPO, the inclusion of a Mergers & Acquisitions team highlights the potential strategic alignment and future M&A activities for Renatus Tactical Acquisition Corp I.
- Legal Services – The article prominently features the role of Paul Hastings, a law firm providing expert legal advisory services, underscoring their involvement in complex financial transactions.
Financials
- $210 million – The total amount raised by Renatus Tactical Acquisition Corp I through its upsized IPO.
- 21,000,000 units – The number of units issued in the IPO of Renatus Tactical Acquisition Corp I.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Renatus Tactical Acquisition Corp I | Target Company | Company | A special purpose acquisition company engaging in an upsized initial public offering to raise $210 million. |
| Paul Hastings LLP | Legal Advisor | Company | A premier law firm acting as the legal advisor for Renatus Tactical Acquisition Corp I's IPO process. |
| Brandon Bortner | Securities & Capital Markets Partner | Person | Partner at Paul Hastings leading the advisory team for the IPO. |
| Gil Savir | Securities & Capital Markets Partner | Person | Partner at Paul Hastings co-leading the advisory team for the IPO. |