Certain Class B Common Stock of Rigel Resource Acquisition Corp. are subject to a Lock-Up Agreement Ending on 4-MAY-2022. These Class B Common Stock will be under lockup for 181 days starting from 4-NOV-2021 to 4-MAY-2022.

Details:
The sponsor and directors and officers have agreed that they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, without the prior written consent of Goldman Sachs & Co. LLC for a period of 180 days after the date of this prospectus, any units, warrants, ordinary shares or any other securities convertible into, or exercisable, or exchangeable for, ordinary shares; provided, however, that the company may issue and sell the private placement warrants issue and sell the additional units to cover the underwriter's over-allotment option (if any); register with the SEC pursuant to an agreement to be entered into concurrently with the issuance and sale of the securities in this offering, the resale of the private placement warrants and the Class A ordinary shares issuable upon exercise of the warrants and the founder shares; and issue securities in connection with the initial business combination, subject to certain exceptions.