RCF Acquisition priced its IPO of 20 million units at $10 per unit.
The units begin trading today on the NYSE under RCFA.U. Each consists of one Class A ordinary share and one-half of a warrant.
RCF Acquisition intends to target businesses of scale across the critical minerals value chain that are poised to benefit over the long-term from the substantial market opportunity created by the global energy transition.
Citigroup and Barclays are joint book-running managers for the offering. The underwriters may choose to purchase up to an additional 3 million units to cover over-allotments, if any. Read more.
