RAP Acquisition Corp. does not have significant operations. It intends to identify and evaluate assets or businesses with a view to completing a transaction. Previously, the company engaged in franchising stores and commercial sales facilities that sell original equipment manufacturers branded cartridges, and re-processed ink and toner cartridges. It was formerly known as Rapid Brands Inc. and changed its name to RAP Acquisition Corp. on August 19, 2010. RAP Acquisition Corp. is based in Chanhassen, Minnesota.