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RCF Acquisition Priced, NYSE: RCFA.U

Blank check company formed by Resource Capital Funds targeting the critical minerals value chain (pending: Blue Gold Holdings).

Industry: SPAC

Latest Trade: $11.22 0.00 (0.0%)

First Day Return: +0.7%

Return from IPO: +12.2%

Industry: SPAC

We are a blank check company. For our initial business combination, we intend to target assets or businesses of scale across the critical minerals value chain that are poised to benefit over the long-term from the substantial market opportunity created by the global energy transition. The International Renewable Energy Agency (“IRENA”) forecasts a minimum global energy spend of $110 trillion through 2050 to remain on a climate-safe path and the International Energy Agency (“IEA”) expects this transition could quadruple the demand for critical minerals including copper, nickel, lithium, cobalt, manganese, graphite and rare earths into clean energy technologies over the next two decades alone. Accordingly, we expect numerous global investment opportunities as the energy transition accelerates. Our focus will be on well-operated and responsibly managed assets with secure and ethical sourcing of relevant input materials. In our efforts, we intend to benefit from the experience and international networks of our management team and board of directors, as well as the support of RCF, which is an affiliated entity of our sponsor, to unlock value for our shareholders.
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IPO Data
IPO File Date 10/25/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/09/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Citi
Barclays
Company Data
Headquarters Denver, CO, United States
Founded 2021
Employees 1
Website resourcecapitalfunds.com

RCF Acquisition (RCFA.U) Performance