Ridgefield Acquisition Corp. was originally incorporated as a Colorado corporation on October 13 1983 under the name Ozo Diversified Inc. On June 23 2006 the company filed Articles of Merger with the Secretary of State of Nevada to merge with a wholly owned subsidiary formed under Nevada law RAC NV thereby changing its domicile from Colorado to Nevada. As a result of the merger the company is authorized to issue 35 000 000 shares of capital stock consisting of 30 000 000…
Ridgefield Acquisition Corp. was originally incorporated as a Colorado corporation on October 13 1983 under the name Ozo Diversified Inc. On June 23 2006 the company filed Articles of Merger with the Secretary of State of Nevada to merge with a wholly owned subsidiary formed under Nevada law RAC NV thereby changing its domicile from Colorado to Nevada. As a result of the merger the company is authorized to issue 35 000 000 shares of capital stock consisting of 30 000 000 shares of common stock with a par value of zero point zero zero one dollars per share and 5 000 000 shares of preferred stock with a par value of zero point zero one dollars per share. Since July 2000 the company has suspended all operations except for necessary administrative matters relating to the timely filing of periodic reports required by the Securities Exchange Act of 1934 and consequently qualifies as a shell company under applicable SEC regulations. Its principal executive office is located at 3827 S Carson St Unit 505 25 PMB 1078 Carson City NV 89701 and can be reached by telephone at (805) 484 8855. The company maintains a website at www ridgefieldacquisition com although the information on that site is not part of this Form 10 K.
Ridgefield Acquisition Corp. does not generate any revenue from products or services because it has conducted no business operations since suspending activities in July 2000. The company reported zero revenue for the fiscal years ended December 31 2023 and December 31 2024 reflecting its status as a non operating shell entity. Its financial resources consist primarily of the capital raised from its initial public offering and any remaining cash on hand which is used to cover minimal administrative expenses such as filing fees legal costs and officer compensation. The company intends to obtain funds for a future business combination either from its existing treasury or through additional financing but there is no assurance that such funds will be available. Consequently the company has no current source of operating income and relies entirely on the prospect of completing a merger acquisition or other arrangement with an operating business to create future revenue potential.
The company operates in the highly competitive blank check market where it seeks to identify and combine with a private operating company. It faces competition from numerous special purpose acquisition companies venture capital firms blind pool entities large industrial and financial institutions small business investment companies and wealthy individuals who also pursue similar acquisition opportunities. Many of these competitors possess greater financial technical human and other resources than Ridgefield Acquisition Corp. which limits its ability to compete effectively for attractive targets. Due to its limited financial resources the company may be compelled to consider less attractive acquisition prospects that larger competitors might overlook. Ridgefield Acquisition Corp. does not possess any proprietary technology unique product line or established customer base that would give it a distinct competitive advantage in the merger and acquisition arena. Its primary asset is the status of being a publicly traded shell which may provide certain benefits such as facilitating access to equity markets for a target business but this advantage is shared by many other blank check entities.
The company does not serve a conventional customer base because it has no ongoing operations or products to sell. Its objective is to locate a private operating company that wishes to access public capital markets through a business combination merger acquisition or similar arrangement. Ridgefield Acquisition Corp. has not disclosed any specific target names or industries that it is currently pursuing as part of its acquisition strategy. Consequently the company’s potential customers are broadly defined as any viable operating business seeking the benefits of a public company structure such as increased liquidity access to equity financing and enhanced visibility. Until a definitive agreement is reached the company remains without a defined set of clients or commercial relationships.
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Sector: Financial Services Industry: Shell Companies CIK: 0000812152