Rigel Resource Acquisition in a proxy filing seek a deadline extension from next month until Aug. 9, 2024 without further contributions to the trust account.

The SPAC raised $275 million in a November 2021 ipo. Rigel Resource is focused on the global metals value chain. Rigel Chairman Oskar Lewnowski is the founder and CIO of Orion Resource Partners. Prior to Orion, he was a founding partner of the Red Kite Group, a hedge fund in the metals space. Read more.

Source: Rigel Resource Acquisition Wants to Put Another Year on the Clock