Resources Acquisition Withdraws $150M IPO

Resources Acquisition informed the SEC it will withdraw an offering of 15 million units initially registered in February.

The SPAC had planned to target companies engaged in the electrification and decarbonization value chains.

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. 

The SPAC had planned to list on gthe NYSE with Citigroup and BofA Securities tapped as joint book-running managers. Read more

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