{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-23-008315","form_type":"8-K","ticker":null,"cik":"0001860879","company_name":"Rigel Resource Acquisition Corp.","filed_at":"2023-12-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.162571+00:00","generated_at":"2026-06-07T06:03:54.104317+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Rigel Resource Acquisition Corp secures $1.5M working capital loan, amends extension loans adding Orion as payee","bullets":["December 2023 Working Capital Loan: up to $1.5M from sponsor, non-interest bearing, due at earlier of business combination deadline or consummation.","Amended and Restated Extension Loans: $3M and $4.2M convertible notes now include Orion Mine Finance GP III LP as additional payee.","Warrants issuable upon conversion of extension loans are unregistered and identical to existing private placement warrants.","Proceeds from working capital loan to be used for general working capital purposes; no interest accrues."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-23-008315","json":"https://secwatch.observer/filing/0001829126-23-008315.json","markdown":"https://secwatch.observer/filing/0001829126-23-008315.md","text":"https://secwatch.observer/filing/0001829126-23-008315.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1860879/000182912623008315/0001829126-23-008315-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1860879/000182912623008315/rigelresourceacq_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T06:03:54.104317+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"22e3f1e5fe5cc55cbe1336cc0e468890bc7d4840","claim":"Rigel Resource Acquisition Corp. amended loan of up to $3,000,000 and up to $4,200,000 with Rigel Resource Acquisition Holding LLC and Orion Mine Finance GP III LP at not modified maturing not modified.","evidence_excerpt":"On December 28, 2023, the Company amended and restated: (i) that certain Convertible Promissory Note, dated as of May 8, 2023, by the Company in favor of the Sponsor in the principal amount of up to $3,000,000 (the “ May 2023 Extension Loan ”) and (ii) that certain Convertible Promissory Note, dated as of August 9, 2023, by the Company in favor of the Sponsor in the principal amount of up to $4,200,000 (the “ August 2023 Extension Loan ” and together with the May 2023 Extension Loan, the “ Amended and Restated Extension Loans ”) to add Orion Mine Finance GP III LP, a Cayman Islands limited partnership, as a payee (together with the Sponsor, the “ Payees ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1860879/000182912623008315/0001829126-23-008315-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to $3,000,000 and up to $4,200,000"},{"label":"Counterparty","value":"Rigel Resource Acquisition Holding LLC and Orion Mine Finance GP III LP"},{"label":"Rate","value":"not modified"},{"label":"Maturity","value":"not modified"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"6dd461ff7589e499bcd5fad245b9c0c9bcc0c577","claim":"Rigel Resource Acquisition Corp. incurred loan of up to $1,500,000 with Rigel Resource Acquisition Holding LLC at will not bear any interest maturing upon the earlier of the date by which the Company must complete an initial business combination pursuant to its amended and restated memorandum and articles of.","evidence_excerpt":"On December 28, 2023, Rigel Resource Acquisition Corp (the “ Company ”) entered into a Promissory Note (the “ December 2023 Working Capital Loan ”) with its sponsor, Rigel Resource Acquisition Holding LLC, a Cayman Islands limited liability company (the “ Sponsor ”). Pursuant to the December 2023 Working Capital Loan, the Sponsor has agreed to loan to the Company up to $1,500,000 to be used for working capital purposes. The loans will not bear any interest, and will be repayable by the Company to the Sponsor upon the earlier of the date by which the Company must complete an initial business combination pursuant to its amended and restated memorandum and articles of association (as amended from time to time) and the consummation of the Company’s initial business combination.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1860879/000182912623008315/0001829126-23-008315-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to $1,500,000"},{"label":"Counterparty","value":"Rigel Resource Acquisition Holding LLC"},{"label":"Rate","value":"will not bear any interest"},{"label":"Maturity","value":"upon the earlier of the date by which the Company must complete an initial business combination pursuant to its amended and restated memorandum and articles of"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}