Filing Details

Accession Number:
0001193125-24-261724
Form Type:
13G Filing
Publication Date:
2024-11-18 19:00:00
Filed By:
Sculptor Capital
Company:
Rigel Resource Acquisition Corp.
Filing Date:
2024-11-19
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Sculptor Capital 0 654,262 0 654,262 654,262 9.18%
Sculptor Capital II 0 654,262 0 654,262 654,262 9.18%
Sculptor Capital Holding Corp 0 654,262 0 654,262 654,262 9.18%
Sculptor Capital Holding II 0 654,262 0 654,262 654,262 9.18%
Sculptor Capital Management, Inc 0 654,262 0 654,262 654,262 9.18%
Sculptor Master Fund, Ltd 359,536 359,536 359,536 5.04%
Sculptor Special Funding 359,536 359,536 359,536 5.04%
Sculptor SC II 294,726 294,726 294,726 4.13%
Filing

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. _)*

 

 

RIGEL RESOURCE ACQUISITION CORP.

(Name of Issuer)

Class A Ordinary Shares, par value $0.0001 per share

(Title of Class of Securities)

G7573M106

(CUSIP Number)

November 14, 2024

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d1(b)

☒ Rule 13d1(c)

☐ Rule 13d1(d)

 

*

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. G7573M106

 

 (1)   

 Names of reporting persons

 

 Sculptor Capital LP

 (2)  

 Check the appropriate box if a member of a group (see instructions)

 

 (a) ☐  (b) ☒

 (3)  

 SEC use only

 

 (4)  

  Citizenship or place of organization

 

 Delaware

Number of

shares beneficially 

owned by

each

reporting

person

with:

   (5)   

 Sole voting power

 

 0

   (6)  

 Shared voting power

 

 654,262

   (7)  

 Sole dispositive power

 

 0

   (8)  

 Shared dispositive power

 

 654,262

 (9)   

 Aggregate amount beneficially owned by each reporting person

 

 654,262

(10)  

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

 Percent of class represented by amount in Row (9)

 

 9.18%

(12)  

 Type of reporting person (see instructions)

 

 IA


CUSIP No. G7573M106

 

 (1)   

 Names of reporting persons

 

 Sculptor Capital II LP

 (2)  

 Check the appropriate box if a member of a group (see instructions)

 

 (a) ☐  (b) ☒

 (3)  

 SEC use only

 

 (4)  

  Citizenship or place of organization

 

 Delaware

Number of

shares beneficially 

owned by

each

reporting

person

with:

   (5)   

 Sole voting power

 

 0

   (6)  

 Shared voting power

 

 654,262

   (7)  

 Sole dispositive power

 

 0

   (8)  

 Shared dispositive power

 

 654,262

 (9)   

 Aggregate amount beneficially owned by each reporting person

 

 654,262

(10)  

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

 Percent of class represented by amount in Row (9)

 

 9.18%

(12)  

 Type of reporting person (see instructions)

 

 IA


CUSIP No. G7573M106

 

 (1)   

 Names of reporting persons

 

 Sculptor Capital Holding Corp.

 (2)  

 Check the appropriate box if a member of a group (see instructions)

 

 (a) ☐  (b) ☒

 (3)  

 SEC use only

 

 (4)  

  Citizenship or place of organization

 

 Delaware

Number of

shares beneficially 

owned by

each

reporting

person

with:

   (5)   

 Sole voting power

 

 0

   (6)  

 Shared voting power

 

 654,262

   (7)  

 Sole dispositive power

 

 0

   (8)  

 Shared dispositive power

 

 654,262

 (9)   

 Aggregate amount beneficially owned by each reporting person

 

 654,262

(10)  

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

 Percent of class represented by amount in Row (9)

 

 9.18%

(12)  

 Type of reporting person (see instructions)

 

 CO


CUSIP No. G7573M106

 

 (1)   

 Names of reporting persons

 

 Sculptor Capital Holding II LLC

 (2)  

 Check the appropriate box if a member of a group (see instructions)

 

 (a) ☐  (b) ☒

 (3)  

 SEC use only

 

 (4)  

  Citizenship or place of organization

 

 Delaware

Number of

shares beneficially 

owned by

each

reporting

person

with:

   (5)   

 Sole voting power

 

 0

   (6)  

 Shared voting power

 

 654,262

   (7)  

 Sole dispositive power

 

 0

   (8)  

 Shared dispositive power

 

 654,262

 (9)   

 Aggregate amount beneficially owned by each reporting person

 

 654,262

(10)  

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

 Percent of class represented by amount in Row (9)

 

 9.18%

(12)  

 Type of reporting person (see instructions)

 

 CO


CUSIP No. G7573M106

 

 (1)   

 Names of reporting persons

 

 Sculptor Capital Management, Inc.

 (2)  

 Check the appropriate box if a member of a group (see instructions)

 

 (a) ☐  (b) ☒

 (3)  

 SEC use only

 

 (4)  

  Citizenship or place of organization

 

 Delaware

Number of

shares beneficially 

owned by

each

reporting

person

with:

   (5)   

 Sole voting power

 

 0

   (6)  

 Shared voting power

 

 654,262

   (7)  

 Sole dispositive power

 

 0

   (8)  

 Shared dispositive power

 

 654,262

 (9)   

 Aggregate amount beneficially owned by each reporting person

 

 654,262

(10)  

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

 Percent of class represented by amount in Row (9)

 

 9.18%

(12)  

 Type of reporting person (see instructions)

 

 CO


CUSIP No. G7573M106

 

 (1)   

 Names of reporting persons

 

 Sculptor Master Fund, Ltd.

 (2)  

 Check the appropriate box if a member of a group (see instructions)

 

 (a) ☐  (b) ☒

 (3)  

 SEC use only

 

 (4)  

  Citizenship or place of organization

 

 Cayman Islands

Number of

shares beneficially 

owned by

each

reporting

person

with:

   (5)   

 Sole voting power

 

   (6)  

 Shared voting power

 

 359,536

   (7)  

 Sole dispositive power

 

   (8)  

 Shared dispositive power

 

 359,536

 (9)   

 Aggregate amount beneficially owned by each reporting person

 

 359,536

(10)  

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

 Percent of class represented by amount in Row (9)

 

 5.04%

(12)  

 Type of reporting person (see instructions)

 

 CO


CUSIP No. G7573M106

 

 (1)   

 Names of reporting persons

 

 Sculptor Special Funding, LP

 (2)  

 Check the appropriate box if a member of a group (see instructions)

 

 (a) ☐  (b) ☒

 (3)  

 SEC use only

 

 (4)  

  Citizenship or place of organization

 

 Cayman Islands

Number of

shares beneficially 

owned by

each

reporting

person

with:

   (5)   

 Sole voting power

 

   (6)  

 Shared voting power

 

 359,536

   (7)  

 Sole dispositive power

 

   (8)  

 Shared dispositive power

 

 359,536

 (9)   

 Aggregate amount beneficially owned by each reporting person

 

 359,536

(10)  

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

 Percent of class represented by amount in Row (9)

 

 5.04%

(12)  

 Type of reporting person (see instructions)

 

 CO


CUSIP No. G7573M106

 

 (1)   

 Names of reporting persons

 

 Sculptor SC II LP

 (2)  

 Check the appropriate box if a member of a group (see instructions)

 

 (a) ☐  (b) ☒

 (3)  

 SEC use only

 

 (4)  

  Citizenship or place of organization

 

 Delaware

Number of

shares beneficially 

owned by

each

reporting

person

with:

   (5)   

 Sole voting power

 

   (6)  

 Shared voting power

 

 294,726

   (7)  

 Sole dispositive power

 

   (8)  

 Shared dispositive power

 

 294,726

 (9)   

 Aggregate amount beneficially owned by each reporting person

 

 294,726

(10)  

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

 Percent of class represented by amount in Row (9)

 

 4.13%

(12)  

 Type of reporting person (see instructions)

 

 CO


   

Sculptor Capital LP (Sculptor), a Delaware limited partnership, is the principal investment manager to a number of private funds and discretionary accounts (collectively, the Accounts).

 

   

Sculptor Capital II LP (Sculptor-II), a Delaware limited partnership that is wholly owned by Sculptor, also serves as the investment manager to certain of the Accounts. The Ordinary Shares reported in this Schedule 13G are held in the Accounts managed by Sculptor and Sculptor-II.

 

   

Sculptor Capital Holding Corporation (SCHC), a Delaware corporation, serves as the general partner of Sculptor.

 

   

Sculptor Capital Holding II LLC (SCHC-II), a Delaware limited liability company that is wholly owned by Sculptor, serves as the general partner of Sculptor-II.

 

   

Sculptor Capital Management, Inc. (SCU), a Delaware limited liability company, is a holding company that is the sole shareholder of SCHC and the ultimate parent company of Sculptor and Sculptor-II.

 

   

Sculptor Master Fund, Ltd. (SCMF) is a Cayman Islands company. Sculptor is the investment adviser to SCMF.

 

   

Sculptor Special Funding, LP (NRMD) is a Cayman Islands exempted limited partnership that is wholly owned by SCMF.

 

   

Sculptor SC II LP (NJGC) is a Delaware limited partnership. Sculptor-II is the investment adviser to NJGC.

 

   

The address of the principal business offices of Sculptor, Sculptor-II, SCHC, SCHC-II, SCU, SCMF, NRMD and NJGC is 9 West 57 Street, 39 Floor, New York, NY 10019.

Item 1(a) Name of issuer:

Rigel Resource Acquisition Corp., a Cayman Islands exempted company (the Issuer)

Item 1(b) Address of issuers principal executive offices:

7 Bryant Park

1045 Avenue of the Americas, Floor 25

New York, NY 10018

2(a) Name of person filing:

Sculptor Capital LP

2(b) Address or principal business office or, if none, residence:

9 West 57th Street, New York, New York 10019

2(c) Citizenship:

Delaware

2(d) Title of class of securities:

Class A Ordinary Shares, par value $0.0001 per share (the Ordinary Shares)

2(e) CUSIP No.: G7573M106

 

Item 3.

If this statement is filed pursuant to §§240.13d1(b) or 240.13d2(b) or (c), check whether the person filing is a:

 

(a)   

☐   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)   

☐   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)   

☐   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)   

☐   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a8);

(e)   

☐   An investment adviser in accordance with §240.13d1(b)(1)(ii)(E);

(f)   

☐   An employee benefit plan or endowment fund in accordance with §240.13d1(b)(1)(ii)(F);


(g)   

☐   A parent holding company or control person in accordance with §240.13d1(b)(1)(ii)(G);

(h)   

☐   A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)   

☐   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a3);

(j)   

☐   A non-U.S. institution in accordance with §240.13d1(b)(1)(ii)(J);

(k)   

☐   Group, in accordance with §240.13d1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d1(b)(1)(ii)(J), please specify the type of institution: ________________________________

 

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially owned: 654,262

(b) Percent of class: 9.18%


SCHEDULE 13G

(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote 0.

(ii) Shared power to vote or to direct the vote 654,262

(iii) Sole power to dispose or to direct the disposition of 0

(iv) Shared power to dispose or to direct the disposition of 654,262

Sculptor and Sculptor-II serve as the principal investment managers to the Accounts and thus may be deemed beneficial owners of the Ordinary Shares in the Accounts managed by Sculptor and Sculptor-II. SCHC-II serves as the sole general partner of Sculptor-II and is wholly owned by Sculptor. SCHC serves as the sole general partner of Sculptor. As such, SCHC and SCHC-II may be deemed to control Sculptor as well as Sculptor-II and, therefore, may be deemed to be the beneficial owners of the Ordinary Shares reported in this Schedule 13G. SCU is the sole shareholder of SCHC, and, for purposes of this Schedule 13G, may be deemed a beneficial owner of the Ordinary Shares reported herein.

The percentages reported in this Schedule 13G have been calculated based on 7,129,558 Common Shares outstanding, as set forth in the Issuers 10-Q filed November 14, 2024.

 

Item 5.

Ownership of 5 Percent or Less of a Class.If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following .

Dissolution of a group requires a response to this item.

 

Item 6.

Ownership of More than 5 Percent on Behalf of Another Person.

See Item 4.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

N/A

 

Item 8.

Identification and Classification of Members of the Group.

See Item 4.

 

Item 9.

Notice of Dissolution of Group.

N/A

 

Item 10.

Certifications

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect other than activities solely in connection with a nomination under §240.14a-11.


Signatures

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: November 19, 2024    SCULPTOR CAPITAL LP
   By: Sculptor Capital Holding Corporation, its General Partner
   Signature: /s/ Wayne Cohen
   Name: Wayne Cohen
   Title: President and Chief Operating Officer
   SCULPTOR CAPITAL II LP
   By: Sculptor Capital Holding II LLC, its General Partner
   By: Sculptor Capital LP, its Member
   By: Sculptor Capital Holding Corporation, its General Partner
   Signature: /s/ Wayne Cohen
   Name: Wayne Cohen
   Title: President and Chief Operating Officer
   SCULPTOR CAPITAL HOLDING CORPORATION
   Signature: /s/ Wayne Cohen
   Name: Wayne Cohen
   Title: President and Chief Operating Officer
   SCULPTOR CAPITAL HOLDING II LLC
   Signature: /s/ Wayne Cohen
   Name: Wayne Cohen
   Title: President and Chief Operating Officer
   SCULPTOR CAPITAL MANAGEMENT, INC.
   Signature: /s/ Wayne Cohen
   Name: Wayne Cohen
   Title: President and Chief Operating Officer
   SCULPTOR MASTER FUND, LTD.
   By: Sculptor Capital LP, its investment manager
   By: Sculptor Capital Holding Corporation, its General Partner
   Signature: /s/ Wayne Cohen
   Name: Wayne Cohen
   Title: President and Chief Operating Officer
   SCULPTOR SPECIAL FUNDING, LP
   By: Sculptor Capital LP, its investment manager
   By: Sculptor Capital Holding Corporation, its General Partner
   Signature: /s/ Wayne Cohen
   Name: Wayne Cohen
   Title: President and Chief Operating Officer
   SCULPTOR SC II LP
   By: Sculptor Capital II LP, its Investment Manager
   By: Sculptor Capital Holding II LLC, its General Partner
   By: Sculptor Capital LP, its Member
   By: Sculptor Capital Holding Corporation, its General Partner
   Signature: /s/ Wayne Cohen
   Name: Wayne Cohen
   Title: President and Chief Operating Officer