Perception Capital Partners IV LLC entered into an agreement to acquire 8.9% stake in RCF Acquisition Corp. (NYSE:RCFA) from RCF VII Sponsor LLC on November 1, 2023. Under the terms of the agreement, Perception Capital Partners IV will acquire 1,673,750 Class A Ordinary Shares. The transaction is expected to close on November 6, 2023.

Perception Capital Partners IV LLC completed the acquisition of 8.9% stake in RCF Acquisition Corp. (NYSE:RCFA) from RCF VII Sponsor LLC on November 6, 2023. Perception Capital Partners IV LLC will succeed RCF Sponsor VII LLC as the managing sponsor. Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, is serving as exclusive financial advisor and lead capital markets advisor to RCF Acquisition Corp.