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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION
13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date
of earliest event reported): November 7, 2023
RCF Acquisition Corp.
(Exact name of registrant
as specified in its charter)
Cayman
Islands |
|
001-41039 |
|
N/A |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
3109 W. 50th Street,
#207
Minneapolis, MN 55410
(Address of principal
executive offices, including zip code)
Registrant’s telephone
number, including area code: (952) 456-5300
1400 Wewatta Street
Suite 850
Denver, Colorado 80202
(Former
name or former address, if changed since last report)
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section
12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Units,
each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant |
|
RCFA.U |
|
The
New York Stock Exchange |
Class
A ordinary shares, par value $0.0001 par value |
|
RCFA |
|
The
New York Stock Exchange |
Redeemable
warrants, each warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share |
|
RCFA
WS |
|
The
New York Stock Exchange |
Indicate by check mark
whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 7.01. Regulation
FD Disclosure.
On
November 7, 2023, RFC Acquisition Corp. issued a press release announcing the closing of a Securities Purchase Agreement between Perception
Capital Partners IV LLC and RCF Sponsor VII LLC, pursuant to which Perception Capital Partners IV LLC will succeed RCF Sponsor VII LLC
as the managing sponsor. A copy of the press release is furnished as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
EXHIBIT INDEX
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: November 7, 2023 |
RCF ACQUISITION CORP. |
|
|
|
|
By: |
/s/ Rick Gaenzle |
|
Name: |
Rick Gaenzle |
|
Title: |
Chief Executive Officer |
2
Exhibit
99.1
![](https://www.sec.gov/Archives/edgar/data/1870143/000121390023083994/ex99-1_001.jpg)
Perception
Capital Acquires RCF Acquisition Corp., Announces Plans
to Extend and Re-Brand
Minneapolis, MN, Nov. 07, 2023 (GLOBE NEWSWIRE)
-- RCF Acquisition Corp. (the “Company”), announced today the closing of a Securities Purchase Agreement between Perception
Capital Partners IV LLC and RCF Sponsor VII LLC, pursuant to which Perception Capital Partners IV LLC will succeed RCF Sponsor VII LLC
as the managing sponsor.
Perception
Capital Partners IV LLC is affiliated with Perception Capital Partners, a private and public investment firm and serial sponsor of special
purpose acquisition companies (SPACs). The Company’s ordinary shares, warrants and units will continue to trade on the New York
Stock Exchange under its ticker symbols: RCFA, RFCA.WT, and RCFA.UN.
“We
are delighted to partner with the RCF team,” said Rick Gaenzle, the Company’s new Chief Executive Officer. “As public
markets return to equilibrium, we continue to believe that there are compelling opportunities for SPAC transactions led by creative and
resilient sponsors.”
RCF
Acquisition Corp. has filed a preliminary proxy to seek shareholder approval to extend the deadline by which the Company must complete
a business combination to November 2024, and to rename the Company to “Perception Capital Corp. IV”. The sponsor will offer
the lesser of an upfront 4.5 cents per share or $150,000 for three months of funding before transitioning to a month-to-month extension
at the lesser of 1.5 cents per share or $50,000 per month. The sponsor will seek the highest-yielding allowable cash deposits for the
trust, expected to be up to 5.00%.
Cohen
& Company Capital Markets, a division of J.V.B. Financial Group, LLC (“CCM”), is serving as exclusive financial advisor
and lead capital markets advisor to RCF Acquisition Corp.
Cautionary
Note Concerning Forward-Looking Statements
This
press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934. “Forward-looking statements” describe future expectations,
plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan”
or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,”
“eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties
that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements,
including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various
factors, and other risks identified in the filings made by the Company with the Securities and Exchange Commission.
About
RCF Acquisition Corp.
RCF
Acquisition Corp. (the “Company”) is a blank check company. The Company’s managing sponsor is affiliated with Perception Capital
Partners (“Perception”), an investment group focused on placing capital in partnership
with owners and management teams to drive growth and stakeholder value.
Contact:
Rick Gaenzle
Chief Executive Officer
investors@perceptioncapitalpartners.com
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