Back to SPAC Pulse
0 watching

RIBB

S-4 filedDeal announcedLife support

Ribbon Acquisition Corp.

Merging with DRC Medicine Inc.

1/7 of a right per unit. 7 units = 1 listed right. *R trades whole.

Deal announced 2025-07-01

Pulse

90

↓Life-support risk

0–100 vitality — and a read on how the book feels about this shell.

Life support

% done

44%

Path to close

Price

$10.87

Mkt 52.10M

What is Pulse?

SPAC Pulse measures the current vitality of a deal on a 0–100 scale. A new IPO starts near 50 — a healthy heart with room both ways. It is not weakening just because nothing has printed yet. Weakening is a tag for a slowing beat (stalling cadence), not a quiet shell. 10-Q / 10-K on time is a good beat; an NT is a deficiency. File the report late, then file the NT late, and Pulse falls — that is how public investors read whether management is on top of the shell. Filing recovers some of it. It never pretends the miss did not happen. When other new IPOs file that window on time, they are no longer equal — those shells are healthier. High readings mean the deal book is accelerating; low readings flag life-support risk. Full methodology lives on the desk.

Rate + Lead II · 25 mm/s

Pulse Timeline

Top trace is the Pulse rate. Bottom is the filing lead — R-wave when the rate lifts, QS when it slows. Height is the change.

0255075100II
  1. 07-20 S-4/A
  2. 07-22 S-4/A
  3. 07-24 S-4/A
  4. 08-03 S-4/A
  5. 08-14 10-Q
  6. 10-07 Now
Auto interpretation · Lead II printoutLife supportPulse 90

QRS is weak or missing. Cadence stalled, cash is thin, or the book went quiet.

Silent 65dBeats/90d 4Recent gap 5d

Marks on this strip

  • 04-01NT (late notice). Late-notice. Housekeeping, scored as a miss until the 10-Q/10-K lands. -8
  • 06-05Listing deficiency. Exchange notice that day. It belongs on this date, not today. Pulse does not double-haircut an already-slow book.
  • 06-15S-4/A. Comments coming back. Beat sped up. +3
  • 07-20S-4/A. Amendment printed. Pulse unchanged.
  • 07-22S-4/A. Comments coming back. Beat sped up. +3
  • 07-24S-4/A. Amendment printed. Pulse already had this pace — comments still coming back, no re-rate. 2 biz days from the last book print.
  • 08-03S-4/A. Amendment printed. Pulse already had this pace — comments still coming back, no re-rate. 6 biz days from the last book print.
  • 08-1410-Q. Periodic report on time. unchanged
  • 10-07Now. Amendment gaps are shrinking — the beat is speeding up. 65d since the last beat. -2

Impression: QRS is weak or missing. Cadence stalled, cash is thin, or the book went quiet.

  • · Amendment gaps are shrinking — the beat is speeding up.
  • · No S-4/F-4 beat in 65 days.

Unconfirmed machine read · not medical advice · not financial advice

Historical context

S-4 on file in the archive

Precedent from 27 names in the Pulse archive (closed, liquidated, and broken deals). Archive base rate is one input; live beat speed then moves Pulse. Not a forecast.

Close rate
100%
Median days left
105
Archive n
27

Status

In Review

Exchange

Nasdaq

Rights

1/7

Warrants

No

CIK

0002035016

IPO date

2025-01-15

Market cap

52.10M

Days to deadline

—

SEC tickers

RIBB, RIBBR, RIBBU

Sponsor

—

S-4 / F-4 filer

Holdco · DRC Medicine Inc.

Fiscal year

December 31

Next filing

10-Q 2026-11-14

Vote

—

Schedule

What is due next

Fiscal year
Ends December 31 · 10-K cover
This window
10-Q due 2026-08-14 · filed
Next due
10-Q 2026-11-14Period 2026-09-30
Pulse
+6

10-Q for period ended 2026-06-30, due 2026-08-14. 10-Q 2026-08-14 on time (+6).

On time with this window. Pulse stays even with the other new listings that filed.

Meetings

No shareholder meeting dated in the Q&A or calendar.

Price history

Delayed exchange prints — common, rights, units, warrants when listed. Last price is in the header. This tape does not move Pulse.

Loading quotes…

Loading chart…

S-4 amendment timeline

Shrinking gaps mean the deal is progressing. The tag says whether that filing cleared a checklist, dropped a hurdle, or repriced the deal.

  • Merging company

    On file

    DRC Medicine Inc.

  • Close timing Q&A

    Gap

    no later than five

  • Meeting Q&A

    Gap

    No meeting Q captured.

  • Proxy card

    Gap

    No form of proxy in the exhibits yet.

  • 10-Q / 10-K

    On file

    10-Q for period ended 2026-06-30, due 2026-08-14. 10-Q 2026-08-14 on time (+6).

  1. 8-K2026-08-17

    CURRENT REPORT

  2. 10-Q2026-08-14

    10-Q

  3. S-4/A2026-08-03

    S-4/A — DRC Medicine Inc.

  4. S-4/A2026-07-24

    S-4/A — DRC Medicine Inc.

  5. S-4/A2026-07-22

    S-4/A — DRC Medicine Inc.

Show 35 more filings
  1. S-4/A2026-07-20

    S-4/A — DRC Medicine Inc.

  2. 8-K2026-07-15

    CURRENT REPORT

  3. S-4/A2026-06-15

    S-4/A — DRC Medicine Inc.

  4. 8-K2026-06-10

    CURRENT REPORT

  5. 8-K2026-06-09

    CURRENT REPORT

  6. 8-K2026-06-05

    CURRENT REPORT

  7. S-4/A2026-06-04

    S-4/A — DRC Medicine Inc.

  8. S-4/A2026-05-20

    S-4/A — DRC Medicine Inc.

  9. 10-Q2026-05-15

    10-Q

  10. S-42026-05-08

    S-4 — DRC Medicine Inc.

  11. 10-K2026-04-24

    10-K/A

  12. 8-K2026-04-15

    CURRENT REPORT

  13. 8-K2026-04-13

    CURRENT REPORT

  14. 10-K2026-03-31

    10-K

  15. 8-K2026-03-27

    CURRENT REPORT

  16. 8-K2026-03-16

    CURRENT REPORT

  17. 8-K2026-03-16

    CURRENT REPORT

  18. 8-K2026-03-12

    CURRENT REPORT

  19. 8-K2026-03-12

    CURRENT REPORT

  20. 8-K2026-03-09

    CURRENT REPORT

  21. 8-K2026-02-18

    CURRENT REPORT

  22. 8-K2026-01-28

    CURRENT REPORT

  23. 8-K2026-01-27

    CURRENT REPORT

  24. 8-K2026-01-12

    AMENDMENT NO. 1 TO FORM 8-K

  25. 8-K2026-01-09

    CURRENT REPORT

  26. 10-Q2025-11-14

    10-Q

  27. 10-Q2025-08-13

    10-Q

  28. 8-K2025-07-01

    Item 1.01 Entry Into A Material Definitive Agreement

  29. 4252025-07-01

    CURRENT REPORT

  30. 10-Q2025-05-15

    10-Q

  31. NT 10-K2025-04-01

    NT 10-K

  32. 10-K2025-04-01

    10-K

  33. 8-K2025-03-13

    CURRENT REPORT

  34. 8-K2025-01-23

    CURRENT REPORT

  35. 8-K2025-01-21

    CURRENT REPORT

Your notes

Saved on this device only.

Journal

On RIBB

All notes

Journal

Latest journal

All notes
  1. BCCQ 425 files on proposed Ursa Major combinationBCCQ · 2026-08-31
  2. HVII 425: ONE Nuclear executes binding LOI for 2.88 GW Project CaymanHVII · 2026-08-31
  3. BREZ Audit Committee concludes May 14, 2026 balance sheet cannot be relied upon; restatement requiredBREZ · 2026-08-31
  4. OCAC dismisses YCM CPA INC., appoints HYYH CPA. LLCOCAC · 2026-08-31
  5. SAMO Units separate; Class A shares and warrants begin individual trading on NYSESAMO · 2026-08-31