Rigel Resource Acquisition (RRAC) Stock Price, News & Analysis

Company Overview

Rigel Resource Acquisition, trading under the symbol RRAC on the New York Stock Exchange, is a special purpose acquisition company (SPAC) established to identify and complete a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization or similar business combination with one or more businesses. Incorporated in Delaware, the company has no commercial operations of its own and holds its proceeds in a trust account pending the completion of an initial business combination.

The SPAC conducted its initial public offering in late 2023, raising capital through the sale of units comprised of ordinary shares and warrants. Proceeds from the offering are invested in U.S. Treasury securities or other short-term, interest-bearing obligations until a qualifying target is identified. Shareholders have the right to redeem their shares for a pro rata portion of the trust account if they do not wish to participate in the proposed business combination.

Rigel Resource Acquisition is sponsored by Rigel Resource Acquisition Sponsor LLC. The management team and board of directors bring backgrounds in corporate finance, mergers and acquisitions, and capital markets. Until the closing of a business combination, the company’s sole objective is to complete a transaction that delivers value to its public shareholders.

Key Stats

• Today's Range: $11.50 to $11.50
• 50-Day Range: $11.50 to $11.50
• 52-Week Range: $10.92 to $12.75
• Volume: N/A
• Average Volume: 79,033 shs
• Market Capitalization: $368.81 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Company Calendar

• Today: 6/26/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Holding & other investment offices
• Sub-Industry: Trading
• Current Symbol: NYSE:RRAC
• Previous Symbol: NYSE:RRAC
• CIK: 1860879
• Web: www.rigelacquisition.com
• Phone: 646-453-2672
• Fax: N/A
• Employees: 2,021
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 32,070,000
• Free Float: 24,572,000
• Market Cap: $368.81 million
• Optionable: Not Optionable
• Beta: -0.01