secwatch.observer — SEC 8-K summary
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Issuer:     Rigel Resource Acquisition Corp. (—)
CIK:        0001860879
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001829126-25-006213
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rigel Resource Acquisition Corp extends deadline to Nov 9, 2025; secures up to $91.6K loan
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- Shareholders approved extension of business combination deadline from Aug 9, 2025 to Nov 9, 2025.
- Holders of 1,114,441 Class A shares redeemed at ~$12.07/share, totaling ~$13.45M; trust now ~$18.42M.
- Company entered promissory note with sponsor and Orion for up to $91,555.74 to fund monthly contributions for extension.
- Sponsor and Orion will contribute lesser of $55k or $0.02 per un-redeemed public share each month until Nov 9, 2025 or earlier business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860879/000182912625006213/0001829126-25-006213-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860879/000182912625006213/rigelresource_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-006213

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