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With 62% ownership, Rigel Resource Acquisition Corp. (NYSE:RRAC) boasts of strong institutional backing

By Yahoo! Finance   |   4 months ago
With 62% ownership, Rigel Resource Acquisition Corp. (NYSE:RRAC) boasts of strong institutional backing

Institutional investors own a majority stake in Rigel Resource Acquisition Corp., influencing board decisions. Insider ownership and public equity also play a role. Private equity firms hold 18% stake, potentially impacting company strategies. Further research is advised due to risk factors.

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