RCF Acquisition Corp. (RCFA.U) Prices $200M IPO


RCF Acquisition Corp. (RCFA.U) Prices $200M IPO

RCF Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RCFA.U” Wednesday, November 10.

The new SPAC intends to target assets or 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. RCF Acquisition Corp. is led by Chairman James McClements, CEO Sunny S. Shah, and CFO Thomas M. Boehlert.

Total SPAC deal count for 2021 year-to-date is now 533. This offering is expected to close on Monday, November 15.

Citigroup and Barclays are acting as joint book-running managers. White & Case LLP is serving as Issuer’s Counsel with Kirkland & Ellis International LLP serving as Underwriter’s Counsel.  Grant Thornton LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.