RDAGW — what changed in the latest 10-Q
A section-by-section comparison of RDAGW'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 · 2025-11-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +9 | −9 | ~13 | 12 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | +1 | 0 | ~1 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | −7 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
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
We have neither engaged in any operations nor generated any revenues to date. Our only activities since January 23, 2025 (inception) through March 31, 2026 have been (i) organizational activities and (ii) activities relating to (x) the Initial Public Offering and (y) identifying and evaluating prosp…
For the three months ended March 31, 2026, we had a net income $2,551,433, which consisted of earnings from investments held in Trust Account of $2,708,697 and interest income - operating account of $8,180 offset by general and administrative costs of $165,444.
For the period from January 23, 2025 (inception) through March 31, 2025, we had a net loss $48,534, which consisted of general and administrative costs.
For the three months ended March 31, 2026, cash used in operating activities was $147,921. Net income of $2,551,433 was affected by earnings from investments held in Trust Account of $2,708,697. Changes in operating assets and liabilities provided $9,343 of cash.
For the period from January 23, 2025 (inception) through March 31, 2025, cash used in operating activities was $0. Net loss of $48,534 was affected by a payment of general and administrative costs through IPO Promissory Note – related party of $43,534. Changes in operating assets and liabilities pro…
Text removed vs the prior filing · source: 10-Q · 2025-11-14
On November 10, 2025, Jon Knipper notified the Board of his resignation as our Chief Financial Officer, effective as of October 24, 2025. Mr. Knipper’s resignation is not due to any disagreement with our Company or the Board on any matter relating to our operations, policies or practices and he will…
On November 13, 2025, the Board appointed Robert Urgo to serve as our Chief Financial Officer, effective as of October 24, 2025. For more information on Mr. Urgo’s appointment, see Part II, Item 5 “Other Information” of the Report.
We have neither engaged in any operations nor generated any revenues to date. Our only activities since January 23, 2025 (inception) through September 30, 2025 have been (i) organizational activities and (ii) activities relating to (y) the Initial Public Offering and (z) identifying and evaluating p…
For the three months ended September 30, 2025, we had a net income $3,093,694, which consisted of earnings from investments held in Trust Account of $3,154,678 and interest income - operating account of $10,831 offset by general and administrative costs of $71,815.
For the period from January 23, 2025 (inception) through September 30, 2025, we had a net income $4,878,813, which consisted of earnings from investments held in Trust Account of $5,110,483 and interest income - operating account of $14,136 offset by general and administrative costs of $245,806.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-05-13
There were no changes in our internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) during the most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financia…
Other information
Text removed vs the prior filing · source: 10-Q · 2025-11-14
On October 24, 2025, Republic ceased to be affiliated with Republic Digital LLC. In connection therewith, (i) Joseph Naggar, our Chief Executive Officer, Chief Investment Officer and a member of our Board, (ii) Jon Knipper, our Chief Financial Officer and Chief Operating Officer, (iii) Darren Sandle…
On November 10, 2025, Jon Knipper notified the Board of his resignation as our Chief Financial, effective as of October 24, 2025. Mr. Knipper’s resignation is not due to any disagreement with our Company or the Board on any matter relating to our operations, policies or practices and he will continu…
On November 13, 2025, the Board appointed Robert Urgo to serve as our Chief Financial Officer, effective as of October 24, 2025.
Mr. Urgo, age 57, has served as our Chief Financial Officer since October 2025. Mr. Urgo is a seasoned professional with extensive financial and management expertise. In addition to his role at our Company, Mr. Urgo serves as the Chief Financial Officer of Feynman Point Asset Management (“FPAM”), a …
No family relationships exist between Mr. Urgo and any of our other directors or executive officers. Mr. Urgo is not party to any arrangements with any other person pursuant to which he was appointed as the Chief Executive Officer. There are no transactions to which our Company is or was a participa…
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