SPAC Rigel Resource Acquisition Corp secures up to $5.5M working capital loan from sponsor

Rigel Resource Acquisition Corp.

Sponsor Rigel Resource Acquisition Holding LLC agreed to lend up to $5,500,000 for working capital under promissory note dated Sept 26, 2025.
Loan bears no interest; repayable upon earlier of business combination deadline or closing of initial business combination.
Sponsor waives all claims to trust account; loan is non-recourse to officers and directors.
Provides additional working capital as SPAC continues to pursue a target business combination.

item 1.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.