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For the quarter ending 2025-06-30, RRAWF has $31,748,130 in assets. $34,767,779 in debts. $59,865 in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
0.29%
Cash Ratio
0.29%
Debt to Asset Ratio
109.51%
Assets Breakdown
    • Cash and investments held in the...
    • Cash
    • Prepaid expenses
Liabilities Breakdown
    • Accumulated deficit
    • Class a ordinary shares subject ...
    • Convertible promissory notes - r...
    • Others

Unit: Dollar
Balance Sheets
2025-06-30
Prepaid expenses
0
Cash
59,865
Total current assets
59,865
Cash and investments held in the trust account
31,688,265
Total assets
31,748,130
Accrued offering costs
378,324
Convertible promissory notes - related parties
14,809,371
Accounts payable and accrued expenses
5,285,857
Total current liabilities
20,473,552
Deferred underwriting commission
0
Derivative liabilities
14,294,227
Total liabilities
34,767,779
Accumulated deficit
-34,708,664
Ordinary shares, value, issued-Common Class B
750
Ordinary shares, value, issued-Common Class A
0
Additional paid-in capital
0
Total shareholders deficit
-34,707,914
Class a ordinary shares subject to possible redemption 2,640,370 and 7,129,558 shares (at redemption value of 12.00 and 11.68 per share as of june30, 2025 and december 31, 2024, respectively)
31,688,265
Total liabilities, ordinary shares subject to possible redemption and shareholders deficit
31,748,130
Unit: Dollar

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash$59,865 Cash and investmentsheld in the trust...$31,688,265 Total current assets$59,865 Total assets$31,748,130 Accumulated deficit-$34,708,664 Total liabilities,ordinary shares subject...$31,748,130 Total shareholdersdeficit-$34,707,914 Ordinary shares, value,issued-Common Class B$750 Class a ordinaryshares subject to...$31,688,265 Total liabilities$34,767,779 Derivative liabilities$14,294,227 Total currentliabilities$20,473,552 Accounts payable andaccrued expenses$5,285,857 Convertible promissorynotes - related...$14,809,371 Accrued offering costs$378,324

Rigel Resource Acquisition Corp. (RRAWF)

Rigel Resource Acquisition Corp. (RRAWF)