Rithm Acquisition Corp. Faces NYSE Non‑Compliance Notice

Rithm Acquisition Corp., a company listed on the New York Stock Exchange (NYSE), received a formal non‑compliance notice from the exchange on January 30, 2026. The notice, issued in the early hours of the day, indicates that the company has failed to meet one or more of the NYSE’s ongoing listing requirements.

What the Notice Means

The NYSE’s non‑compliance notification is a procedural alert that allows a listed entity time to remedy the deficiency. While the specific violation was not disclosed in the public statements, the exchange’s guidance typically covers issues such as:

  • Failure to file required financial statements on time
  • Deficiencies in corporate governance or compliance procedures
  • Failure to maintain minimum share price or market‑capitalization thresholds

If Rithm Acquisition Corp. does not address the cited concerns within the mandated timeframe—usually 30 days for certain breaches or 90 days for more severe matters—the company risks suspension or delisting.

Market Reaction

The stock, which closed at US $10.40 on January 28, 2026, has been trading in a narrow band between its 52‑week low of US $9.87 (April 20, 2025) and 52‑week high of US $10.45 (January 28, 2026). With a market capitalization of approximately US $316.75 million, the shares are currently priced near the upper end of their historical range. The non‑compliance notice has generated a noticeable, albeit modest, decline in liquidity and a slight dip in the share price, reflecting investors’ caution about potential regulatory fallout.

Company Context

Rithm Acquisition Corp. is a special‑purpose acquisition (SPAC) that has not yet announced a target for merger or acquisition. As a SPAC, its primary focus is to raise capital through an initial public offering and subsequently identify a private company to take public. The company’s business model and valuation are heavily dependent on its ability to attract a suitable acquisition target and to maintain compliance with exchange regulations.

Outlook

  • Short‑term: Investors will monitor the company’s filings closely for a formal response to the NYSE’s notice. The stock’s volatility may increase as analysts and shareholders reassess the risk profile.
  • Medium‑term: Successful remediation of the compliance issue could restore confidence, while failure to comply may trigger a delisting, resulting in a significant loss of market value and shareholder equity.
  • Long‑term: Even if the company resolves the current deficiency, its ultimate success will hinge on identifying a viable acquisition target and executing the transaction within a reasonable timeframe.

Analysts are urging stakeholders to review Rithm Acquisition Corp.’s corporate governance disclosures, financial statements, and recent regulatory filings to better understand the root cause of the non‑compliance notification. As the situation develops, the NYSE’s follow‑up actions and the company’s corrective measures will remain critical points of focus for investors and market observers alike.