Ridgefield Acquisition Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) that trades on the OTC Markets under the symbol RDGA. Founded in mid-2020, the company was organized for the purpose of effecting one or more business combinations, including mergers, capital stock exchanges, asset acquisitions, and other similar transactions. As a blank‐check vehicle, Ridgefield Acquisition seeks to identify high-growth businesses with strong management teams and scalable operations.
Since its initial public offering, Ridgefield Acquisition has focused on sourcing opportunities in North America across a range of industries, including industrial technology, consumer products, healthcare services and business-to-business software. The company’s mandate allows for geographic flexibility, enabling it to explore potential targets throughout the United States and Canada. Although it has not commenced traditional operating activities, Ridgefield Acquisition’s capital structure is designed to support transformational growth initiatives through mergers or acquisitions.
The company is backed by Ridgefield Capital Partners, a boutique investment firm with a track record of private equity, mergers and acquisitions, and operational turnarounds. Members of the board and executive leadership bring extensive experience from both corporate and financial sectors. Key figures include chief executive officer Michael Stevenson, who previously led transaction teams at global investment banks, and chief financial officer Jennifer Lee, whose background spans audit, corporate finance and SPAC structuring.
Ridgefield Acquisition maintains a trust account funded by its IPO proceeds, with the objective of deploying capital into a target business within the prescribed SPAC timeline. By combining financial sponsors’ deal-sourcing expertise with public market access, the company aims to deliver value to shareholders through a business combination that offers attractive growth prospects and operational synergies.
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