RDACU — what changed in the latest 10-Q
A section-by-section comparison of RDACU's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-13 vs the prior 10-Q · 2025-11-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +3 | −6 | ~9 | 11 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings, Risk factors, Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-13
For the three months ended March 31, 2025, we had a net income of $453,867, which consisted of interest earned on investment held in the Trust Account of $597,157, offset by formation and operational costs of $143,290.
As of March 31, 2026, we had $9,470 in our operating bank account and working capital deficit of approximately $850,925.
Our liquidity needs prior to the consummation of the IPO were satisfied through the payment of $25,000 from the Sponsor to cover certain offering costs on our behalf in exchange for issuance of founder shares, and the borrowing of approximately $162,324 from the Sponsor under an unsecured promissory…
Text removed vs the prior filing · source: 10-Q · 2025-11-05
On August 11, 2025, the Company issued an unsecured promissory note to the Sponsor, pursuant to which the Company may borrow up to an aggregate principal amount of $50,000 (the “Promissory Note”). The Promissory Note was non-interest bearing and payable on the earlier of the date on which the Compan…
For the nine months ended September 30, 2024, we had a net loss of $50,250, which consisted of formation and operational costs of $50,250.
For the three months ended September 30, 2025, we had a net income of $452,318, which consisted of interest earned on investment held in the Trust Account of $622,306, offset by formation and operational costs of $169,988.
For the three months ended September 30, 2024, we had a net loss of $11,390, which consisted of formation and operational costs of $11,390.
As of September 30, 2025, we had $5,620 in our operating bank account and working capital of approximately $89,565.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice