Welcome to our dedicated page for Perception Capital IV news (Ticker: RCFA), a resource for investors and traders seeking the latest updates and insights on Perception Capital IV stock.
Perception Capital Corp. IV (symbol: RCFA) is a blank check company, often referred to as a Special Purpose Acquisition Company (SPAC). The primary mission of RCFA is to identify and acquire one or more businesses or assets through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination.
As a SPAC, Perception Capital Corp. IV does not have any significant operations of its own. Instead, it raises capital through an initial public offering (IPO) with the purpose of using these funds to complete an acquisition. The leadership team, led by CEO Rick Gaenzle, is tasked with seeking out promising investment opportunities that can deliver value to shareholders.
SPACs like Perception Capital Corp. IV have become increasingly popular in the financial world due to their streamlined process for taking companies public. The company is structured to complete its business combination within a specified time frame, typically two years, after which investors can either redeem their shares or approve an extension.
For the most updated financial data, project announcements, and news, interested parties are encouraged to reach out directly to the company. Contact information for investor relations is available: Rick Gaenzle, Chief Executive Officer, investors@perceptioncapitalpartners.com.
Perception Capital Corp. IV (NYSE: RCFA), a special purpose acquisition , has received a notice of filing delinquency from the New York Stock Exchange (NYSE) on August 21, 2024. The company failed to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, violating Section 802.01E of the NYSE Listed Company Manual. While this non-compliance doesn't immediately affect RCFA's listing, the company must regain compliance to maintain its status. Additionally, RCFA discovered an error in its financial statements for the year ended December 31, 2023, and the quarter ended March 31, 2024. The company plans to file amendments to correct these errors and submit the delayed Q2 2024 report as soon as possible.
RCF Acquisition Corp. (NYSE: RCF.U) successfully closed its initial public offering on November 15, 2021, raising $230 million through the sale of 23 million units, including an over-allotment of 3 million units. Each unit is priced at $10.00, comprising one Class A ordinary share and half a redeemable warrant, which can be exercised for $11.50 per share. The proceeds will primarily target business combinations within the critical minerals sector, capitalizing on opportunities from the global energy transition.
RCF Acquisition Corp. has successfully priced its initial public offering (IPO) of 20,000,000 units at $10.00 each, set to list on the NYSE under the symbol RCFA.U starting November 10, 2021. Each unit includes one Class A ordinary share and half a redeemable warrant, with warrants exercisable at $11.50. The offering, managed by Citigroup and Barclays, could expand by an additional 3,000,000 units. The closing date for the offering is expected on November 15, 2021, with SEC registration declared effective on the same day.
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