Rxr Acquisition Corp
A special purpose acquisition company, or "blank check" company, created in 2021 by the New York real estate firm RXR Realty to raise money through an IPO and later merge with a business at the intersection of real estate and technology, a field nicknamed "PropTech." Led by RXR Realty's founder Scott Rechler, it never completed a merger and was liquidated in late 2022, returning its investors' money. Its name came straight from its sponsor, the real estate firm RXR.