Regulatory momentum
New stablecoin and market-structure frameworks are creating a clearer operating environment for compliant platforms.
RAINROCK/
RainRock Acquisition Corp.
Unlocking AI-powered digital financial infrastructure.
A proposed Nasdaq-listed acquisition company built to identify and partner with scalable platforms at the convergence of fintech, digital assets and artificial intelligence.
Explore the investment thesis↘Investor presentation · May 2026
$150MProposed base offering
15.0MUnits at $10.00
24Months to combine
100%Cash held in trust
01 / Overview
A focused path to the public markets.
RainRock Acquisition Corp. is a Cayman-domiciled special purpose acquisition company pursuing a business combination in digital financial infrastructure. Its sponsor platform draws on Rain Rock Capital's cross-border investment heritage and relationships across Hong Kong, mainland China, Taiwan and Canada.
Building on a history of equity investing in North America and Asia Pacific, RainRock pairs public-market access and flexible transaction structuring with operating support across capital, branding, customer networks and human capital.
02 / Why RainRock
Built for a changing financial system.
RainRock’s thesis is that regulatory development, institutional adoption and active strategic consolidation are accelerating the transition from experimental digital assets to durable financial infrastructure.
Institutional participation
Regulated products, custody, tokenization and treasury adoption are expanding the addressable market.
Strategic consolidation
Active financing and M&A create opportunities to combine differentiated technology with public-market capital.
03 / Sponsor edge
Execution experience across cycles.
Fintech + digital assets
Operating and advisory experience across payments, banking, trading, blockchain and regulated market entry.
Capital-markets discipline
A transaction team experienced in investment banking, capital allocation, cost transformation and public-company execution.
Global network
Relationships across policymakers, exchanges, financial institutions, entrepreneurs and infrastructure providers.
Structural flexibility
A SPAC structure can support complex transactions, including carve-outs, cross-border combinations and growth capital.
04 / Co-sponsor
Black Spade Advisory Inc.
Black Spade Advisory Inc. joins RainRock Acquisition as co-sponsor, adding a repeat SPAC platform and cross-border public-markets experience to the sponsor group.
Co-sponsorBLACK SPADE
The broader Black Spade platform is rooted in the private investment arm and family office of Lawrence Ho, whose family has deep roots in Macao's leisure and entertainment industry. Headquartered in Hong Kong, Black Spade Capital invests globally across public and private equity, fixed income, real estate, technology and pre-IPO opportunities.
2Completed SPAC business combinations
3Black Spade SPAC vehicles since 2021
$172.5MBlack Spade III IPO, January 2026
Black Spade I
$150 million IPO on the NYSE
VinFast
Business combination completed; Nasdaq trading commenced
Black Spade II
$150 million base IPO on Nasdaq
TGE
Second business combination completed; NYSE listing commenced
Black Spade III
$172.5 million IPO including full over-allotment
Co-sponsor status is based on RainRock corporate records. SPAC milestones are drawn from public SEC filings. Black Spade profile · VinFast combination · TGE combination · Black Spade III
05 / Target focus
Digital infrastructure with real economic utility.
The following sectors are illustrative priorities, not commitments. RainRock will evaluate each opportunity on market position, regulatory readiness, unit economics, scalability and management quality.
01Stablecoin issuance & management
02Regulated custody & asset management
03Tokenization & real-world assets
04AI-driven financial infrastructure
05Compliance automation
06Programmable settlement
07Liquidity routing
08Transaction intelligence
09Fraud detection
10Borrowing & lending services
11Diversified financial services
12Gaming & media platforms
06 / Leadership
Investment leadership and SPAC execution.
RainRock's management team combines cross-border operating and capital-markets experience, supported by directors with finance, investment and legal expertise.
Management team
Raymond Qu
Co-Founder & Managing PartnerVancouver-based entrepreneur and investor active across North America, Europe and Asia Pacific since 2008. Founder and Chairman of Geoswift; senior advisor to BDC; Forbes Finance Council member; and advisor to the Finance Research Institute of China's State Council Development Research Center.
Chuck Zhang
Chief Financial OfficerMore than 15 years across investment banking, fintech and digital assets, including senior capital-allocation and transformation work at Barclays.
Board of directors
Tex Caldarola
DirectorMore than 20 years in finance and investing, with experience sourcing and structuring debt and equity transactions across industries.
Brett McGonegal
DirectorCapital-markets and investment-banking executive with experience building cross-border advisory and sell-side platforms.
Wei Shao
DirectorInternational business lawyer with more than 30 years advising on M&A, corporate finance, regulatory compliance and Asia-related transactions.
07 / Proposed offering
Investor-aligned structure.
The following terms are drawn from the May 2026 investor presentation and remain subject to change and definitive offering documentation.
IssuerRainRock Acquisition Corp.
Proposed exchange / domicileNasdaq / Cayman Islands
UnderwriterCohen & Co. Capital Markets
Base offering$150M · 15.0M units at $10.00 per unit
Unit structure1 Class A common share and 1/10 right to a share
Cash held in trust100.0% · no overfunding
Combination period24 months
08 / Contact
Connect with RainRock.
For investor materials, strategic opportunities or management inquiries, contact the RainRock team in Vancouver.
Request investor materials↗This website is for informational and discussion purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offering may be made only through definitive offering documents, which will contain material information, risk factors and complete terms. Illustrative target sectors, market data and forward-looking statements are subject to significant risks and uncertainties. No assurance can be given that RainRock will complete an offering or business combination.