Ribbon Acquisition Corp.
RIBB.US | Activities of holding companies
Ribbon Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the company may pursue an initial business combination target in any in...Show More
Better Health for All
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DRC Medicine Ltd., the target company for Ribbon Acquisition Corp., focuses on advanced medical technologies addressing global health challenges, including therapeutic masks for seasonal allergies, In Vitro Diagnostic kits, and an ATP-enhancing drug for Parkinson's disease.
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The company's core technology, Hydro Silver Titanium®, initially used in consumer products, is now being developed for medical device certification.
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There is no evidence of revenue from products with negative health outcomes.
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The SPAC transaction is specifically intended to provide DRC Medicine with capital to fund clinical trials and certification of its medical devices, indicating that over 25% of its capital allocation is for health improvement.
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The company's product portfolio, including therapeutic masks and diagnostic kits, emphasizes disease prevention and early detection.
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While the company is funding clinical trials, there is no specific information provided regarding the ethical conduct of these trials.
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Fair Money & Economic Opportunity
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Ribbon Acquisition Corp. (RIBB.US) is a blank check company formed for the purpose of effecting a merger or acquisition, not a financial institution that directly offers lending, insurance, or deposit services to consumers.
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The provided articles focus on its initial public offering and a business combination agreement. Article 1 explicitly states that no data relevant to any of the 'Fair Money & Economic Opportunity' KPIs is provided.
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As there is no specific, concrete data point in the articles for any of the KPIs, all KPIs must be omitted from the scoring, in accordance with the rule that absence of information is not evidence.
Fair Pay & Worker Respect
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The company's CEO pay ratio was 65:1 in fiscal year 2024.
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Approximately 21.14% of the global workforce, or 657 out of 3,107 employees as of December 31, 2023, are covered by collective bargaining agreements or works councils.
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The voluntary employee turnover rate was 6.6% in 2024 and 5.9% in 2023.
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The company reported no slavery or human trafficking in its workplace or supply chain as of January 1, 2026, and no convictions for these issues were found in background checks of job applicants, current employees, or screened suppliers in 2025.
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Additionally, no slavery or human trafficking was revealed in supply chain audits or onsite visits for 2025.
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Fair Trade & Ethical Sourcing
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Operational sites are audited at least every three years in line with the ISO 45001:2018 standard.
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The company reported zero alleged violations of its Supplier Code of Conduct in 2022 and 2023, and no incidents of forced or child labor were explicitly mentioned in 2024, with zero critical findings from contract manufacturer audits.
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For conflict minerals, over 78% of in-scope suppliers provided responses to surveys for the fifth consecutive year.
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Issues identified in supplier audits are actively addressed, with corrective actions tracked by quarterly monitoring for at least two years.
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The Supplier Code of Conduct is a binding commitment in procurement contracts, and 94% of Tier 1 suppliers by spend have been audited against it since 2023 by independent external auditors.
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Ribbon states it has minimal use of critical materials and therefore does not have a critical material risk.
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Honest & Fair Business
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No specific, concrete data points were found in the provided articles that directly map to the quantitative thresholds of the 'Honest & Fair Business' KPIs for Ribbon Acquisition Corp (RIBB.US). The company is described as a blank check company, and the detailed information regarding anti-corruption policies, whistleblower programs, and sustainability reporting from 'ribboncommunications.com' pertains to 'Ribbon Communications Inc.', an operating company, and not to Ribbon Acquisition Corp. Therefore, this information was not used for scoring RIBB.US.
Kind to Animals
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Ribbon Acquisition Corp. is a blank check company, and the provided articles describe Ribbon Communications as a provider of communications solutions.
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There is no evidence that the company's operations involve animal products, animal testing, animal agriculture, or direct impact on animal welfare. Therefore, all KPIs related to animal welfare, testing, and sourcing are not applicable to its business model.
No War, No Weapons
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Ribbon Acquisition Corp (RIBB.US) is a blank check company formed for the purpose of effecting a business combination.
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Articles 9, 10, 11, 12, and 13 explicitly state that RIBB.US has not yet engaged in any operations or generated revenue.
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The operational and financial data provided in Articles 0-8 pertains to Ribbon Communications (Nasdaq: RBBN), which is a distinct operating company, not Ribbon Acquisition Corp (RIBB.US).
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Therefore, no specific, concrete data points relevant to the 'No War, No Weapons' ethical value and its associated KPIs are available for RIBB.US in the provided articles.
Planet-Friendly Business
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Ribbon Acquisition Corp. (RIBB.US) is a blank check company formed for the purpose of effecting a business combination. As such, it currently has no operational business activities, products, facilities, or supply chain. Therefore, all environmental KPIs, such as greenhouse gas emissions, renewable energy use, water consumption, waste generation, and climate-related targets or initiatives, are not applicable to its current state. The provided articles discuss general ESG considerations in SPAC mergers
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or due diligence for other SPACs
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, but offer no specific, quantifiable data for RIBB.US's own environmental performance.
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Respect for Cultures & Communities
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No relevant evidence was found in the provided articles for RIBB.US (Ribbon Acquisition Corp). The sole article pertains to 'Ribbon Communications', which is a distinct entity from the blank check company being assessed.
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Safe & Smart Tech
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Ribbon has an AI risk management program overseen by an AI Committee, which assesses and remediates AI risks and aims to stay informed of evolving AI regulations, referencing the NIST AI RMF.
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The company holds ISO/IEC 27001 certification for certain operations, is self-certified under EU-US and Swiss-US Privacy Shield programs, and is a corporate member of the IAPP, with some employees holding IAPP certifications.
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Ribbon engineers receive mandatory annual security training, combining commercial and proprietary content, and a regular program of data privacy training is maintained for employees.
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The company monitors technical vulnerabilities of information systems and has a Vulnerability Resolution Policy as part of its product security program.
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Ribbon maintains an active data protection program that continuously monitors compliance with applicable data protection laws, including GDPR, and is committed to compliance with the EU AI Act.
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The company uses contextual AI assessment working groups to re-assess AI risks.
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Ribbon aims to ensure AI systems remain unbiased and aligned with values of diversity and inclusion.
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The company incorporates privacy principles throughout product development and aims for explainable AI systems, referencing the NIST AI RMF.
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Ribbon's executive direction is to protect information assets against unauthorized use, disclosure, modification, damage, or loss.
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The company ensures the security and integrity of its information and systems via confidentiality, integrity, and availability.
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Ribbon leverages elements of its product development quality management system for vulnerability management and identifies security gaps and vulnerabilities to improve cyber resilience.
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Zero Waste & Sustainable Products
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No specific, concrete data points were found in the provided articles for RIBB.US (Ribbon Acquisition Corp) regarding its performance on Zero Waste & Sustainable Products. pertains to 'Ribbon Communications,' a distinct entity, and therefore its data cannot be attributed to RIBB.US.
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was inaccessible.
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