{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-003649","form_type":"8-K","ticker":null,"cik":"0001860879","company_name":"Rigel Resource Acquisition Corp.","filed_at":"2025-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.226807+00:00","generated_at":"2026-05-21T10:28:39.498070+00:00","sec_items":["1.01","2.03","5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Rigel Resource Acquisition Corp extends deadline to Aug 9; ~$53.4M redeemed, gets $180k loan from sponsor & Orion","bullets":["Shareholders approved extension of business combination deadline from May 9 to August 9, 2025.","Holders of 4,489,188 Class A shares redeemed at ~$11.90/share, totaling ~$53.4M; trust left with ~$31.4M.","Company entered up to $180k non-interest loan from sponsor and Orion to fund extension.","Loan provides monthly contributions of lesser of $60k or $0.03 per non-redeemed public share."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-003649","json":"https://secwatch.observer/filing/0001829126-25-003649.json","markdown":"https://secwatch.observer/filing/0001829126-25-003649.md","text":"https://secwatch.observer/filing/0001829126-25-003649.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1860879/000182912625003649/0001829126-25-003649-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1860879/000182912625003649/rigelresource_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T10:28:39.498070+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":"cf57955b90d4376300827adb985604711c13952c","claim":"Rigel Resource Acquisition Corp. incurred loan of the lesser of (x) $60,000 and (y) $0.03 for each Public Share ... for each month with Rigel Resource Acquisition Holding LLC and Orion Mine Finance GP III LP at not bear any interest maturing the earlier of the date by which the Company must complete an initial Business Combination and the consummation of the Company’s initial Business Combination.","evidence_excerpt":"Sponsor and Orion have agreed that they will contribute to the Company as a loan (each loan being referred to herein as a “Contribution”) in an amount equal to the lesser of (x) $60,000 and (y) $0.03 for each Public Share (as defined below) that was not redeemed in connection with the Special Meeting (as defined below), for each month (or a pro rata portion","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1860879/000182912625003649/0001829126-25-003649-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"the lesser of (x) $60,000 and (y) $0.03 for each Public Share ... for each month"},{"label":"Counterparty","value":"Rigel Resource Acquisition Holding LLC and Orion Mine Finance GP III LP"},{"label":"Rate","value":"not bear any interest"},{"label":"Maturity","value":"the earlier of the date by which the Company must complete an initial Business Combination and the consummation of the Company’s initial Business Combination"},{"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"}