Resources Acquisition registered to offer 15 million units at $10 each to raise capital for the purchase of a company engaged in the electrification and decarbonization value chains.
A unit consists of one Class A ordinary share and one-half of a warrant. Sponsor Boulle Heritage has agreed to purchase 10.6 million warrants (or approximately 11.61 million warrants if the underwriters’ over- allotment option is exercised in full) at $1 each.
Chairman Marie Pierre Bertrand Boulle is non-executive director of the publicly listed mining exploration company Diamond Fields Resources, non-executive director of publicly-listed Omnicane Limited, director of Investors Europe (Mauritius) Ltd. and CEO and director of Sun King™ Diamonds Ltd.
Citigroup and BofA Securities are joint book-running managers.
The SPAC intends to apply for a listing on the NYSE under the symbol RAFU. Read more.
