Rigel Resource Acquisition Corp.
RRAC-WT
New York Stock Exchange0.33
USD
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Rigel Resource Acquisition Corp.
RRAC-WT
(New York Stock Exchange)
Recent
price
0.33
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Rigel Resource Acquisition Corp. (RRAC-WT) is a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in the natural resources sector, including mining, energy, and commodities-related enterprises. The company offers no current products or services beyond its SPAC structure, which facilitates sponsor-led financing through units comprising Class A ordinary shares and warrants traded under the RRAC-WT ticker on the Nasdaq Capital Market; it focuses on providing liquidity and growth capital to target companies via de-SPAC transactions. Headquartered in New York, New York, Rigel Resource Acquisition Corp. was founded in 2020 and operates principally in the United States, with potential global reach contingent on merger targets in resource-intensive regions such as North America, Australia, and emerging markets. No recent major changes, including partnerships, funding rounds beyond initial public offering proceeds held in trust, acquisitions, new product launches, strategic shifts, name changes, or operational expansions, have been publicly announced for the company within the last 1-2 years.