AMR Resources Acquisition, a blank check company targeting the critical minerals sector, filed on Friday with the SEC to raise up to $250 million in an initial public offering.
The company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock, and one-half of one warrants to purchase a share, exercisable at $11.50.
AMR Resources Acquisition is led by CEO and Director Matthew Fitzgerald, the former CFO and Company Secretary of Sandfire Resources (ASX: SFR). He is joined by CFO and Director Morgan Fahimi, who leads sales at Acuris. The SPAC intends to target companies and projects engaged in the exploration, processing, production, refining, or recycling of minerals essential to national defense, clean energy initiatives, and advanced manufacturing, including companies with enabling or differentiated technologies.
The Grand Cayman, Cayman Islands-based company was founded in 2025. It plans to list on the Nasdaq under the symbol AMACU. AMR Resources Acquisition filed confidentially on February 27, 2026. BTIG is the sole bookrunner on the deal.
