SCHEDULE: Centiva Capital Divests Rigel Resource Acquisition Stake
Beneficial Ownership Amendment
Centiva Capital, LP and Centiva Capital GP, LLC report 0% beneficial ownership in Rigel Resource Acquisition Corp.'s Class A ordinary shares.
Summary
- Centiva Capital, LP and Centiva Capital GP, LLC, collectively referred to as the Reporting Persons, have filed an Amendment No. 1 to Schedule 13G.
- The filing indicates that as of September 30, 2025, the Reporting Persons beneficially own 0 shares of Rigel Resource Acquisition Corp.'s Class A ordinary shares.
- This represents 0% of the 1,525,929 Class A ordinary shares outstanding as of August 14, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: This is a factual disclosure of a change in beneficial ownership to zero, indicating a divestment. It does not inherently convey positive or negative sentiment regarding the issuer's performance, but rather a change in an investor's position.
Future Outlook
NA
Industry Context
This filing reflects a change in an institutional investor's position in a Special Purpose Acquisition Company (SPAC). Such changes are common as SPACs progress through their lifecycle, from initial public offering to potential de-SPAC transactions, and investors adjust their holdings based on market conditions, merger prospects, or investment mandates.
Stakeholder Impact
- Shareholders: The divestment of a reportable stake by an institutional investor like Centiva Capital could be interpreted by other shareholders as a signal regarding the company's prospects or the investor's portfolio strategy. It removes a significant holder from the shareholder base.
Key Dates
| Date | Description |
|---|---|
| 2025-08-14 | Date of Issuer's Quarterly Report on Form 10-Q, reporting 1,525,929 Class A ordinary shares outstanding. |
| 2025-09-30 | Date of event which required the filing of this statement (beneficial ownership changed to 0%). |
| 2025-11-14 | Date of filing of this Schedule 13G Amendment No. 1. |
Keywords
Rigel Resource Acquisition Corp, Centiva Capital, Schedule 13G, beneficial ownership, divestment, Class A ordinary shares, institutional investor
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