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Smart Investors Daily
RA

NASDAQ · RACYU

Relativity Acquisition Corp.

Financial Services · Shell Companies

$12.99

Up+$0.04 (+0.31%)

Updated Sep 18, 2026, 9:04 AM

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Market cap
54.21M
P/E ratio
2.36
Dividend yield
0.00%
52-week range
— – —
Volume
0
Avg. volume
662

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Overview

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Company profile

Relativity Acquisition Corp. does not have significant operations. It focuses on effecting a capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in Las Vegas, Nevada.

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GlobeNewswire Inc. · Apr 29, 2024

Relativity Acquisition Corp. Announces Receipt of Nasdaq Delisting Determination

NEW YORK, NY,, April 29, 2024 (GLOBE NEWSWIRE) -- Relativity Acquisition Corp. (Nasdaq: RACY) (the “Company”) today announced that, on April 23, 2024, the Company received a determination letter (the “Letter”) from the Nasdaq Listing Qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that Staff had determined to delist the Company’s securities from The Nasdaq Stock Market. The Staff’s determination was based upon the Company’s non-compliance with the requirements set forth in Listing Rule 5250(f), requiring the payment of all applicable fees as described in the Rule 5900 series. The Staff’s determination was based on the Company’s unpaid past due balance of assessed fees of $81,000.

GlobeNewswire Inc. · Nov 9, 2023

Relativity Acquisition Corp. Announces Funding and Extension of Deadline to Complete Business Combination

New York, NY, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Relativity Acquisition Corp. (“Relativity”) (Nasdaq: RACY) announced today that it had extended the date by which it has to consummate a business combination from November 15, 2023 to February 15, 2024 (the “Extension”). The Extension is the second of two three-month extensions permitted under Relativity’s governing documents. In accordance with Relativity Acquisition Sponsor LLC’s request and with Relativity’s governing documents, an aggregate amount of $1,000.00 from Relativity’s working capital was deposited into its trust account for its public stockholders on November 9, 2023. The Extension provides Relativity with additional time to complete its business combination.

GlobeNewswire Inc. · Aug 15, 2023

Relativity Acquisition Corp. Announces Confidential Submission of Registration Statement on Form S-4 Related to Proposed Merger with SVES

New York, NY, Aug. 15, 2023 (GLOBE NEWSWIRE) --  Relativity Acquisition Corp. (“Relativity”) (Nasdaq: RACY) announced today that a confidential submission was made to the Securities and Exchange Commission (“SEC”), for receipt by the SEC on August 14, 2021, of a draft registration statement on Form S-4 (the “Registration Statement”) relating to its previously announced proposed business combination (the “Business Combination”) with SVES LLC, SVES GO, LLC, SVES CP LLC and SVES Apparel LLC (collectively, “SVES”), an off-price apparel distribution company based in Florida.

GlobeNewswire Inc. · Feb 13, 2023

SVES, an Off-Price Apparel Distribution Company, Announces Plans to Go Public via Merger with Relativity Acquisition Corp.

NEW YORK, NY, Feb. 13, 2023 (GLOBE NEWSWIRE) -- SVES LLC, SVES GO, LLC, SVES CP LLC and SVES Apparel LLC (collectively, “SVES” or the “Company”), an Off-price Apparel distribution company based in Florida, and Relativity Acquisition Corp. (NASDAQ: RACY) (“Relativity”), a special purpose acquisition company, today announced they have entered into a definitive business combination agreement.  Upon closing of the proposed transaction, the combined company (the "Combined Company") will operate under the name "SVES, Inc." and intends to apply to be listed on NASDAQ Stock Exchange under the new ticker symbol "SVES."

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