Material Resource Acquisition Corp. Filed SPAC Primary

What the company does

Material Resource Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company has not selected any business combination target. It intends to focus on identifying and acquiring a company involved in the global material supply chain, including companies engaged in the exploration, mining, processing, refining, producing, transporting, marketing, equipping and financing of critical, strategic and other minerals and materials, as well as companies developing advanced or new technologies aimed at improving the efficiency, productivity, environmental performance or economics of those supply chain activities.

Use of proceeds

We estimate that the net proceeds of this offering together with the funds we will receive from the sale of the private placement units will be used as set forth in the following table. Of the approximately $1,000,000 of net proceeds not held in the trust account, the company plans to use these funds for legal, accounting, due diligence and other expenses related to a business combination; Nasdaq continued listing fees; legal and accounting fees related to regulatory reporting obligations; directors' and officers' liability insurance; reimbursement for administrative and support services; and working capital to cover miscellaneous expenses. The remaining proceeds will be held in a trust account.

Underwriters

Extracted from S-1 0002136360-26-000003, filed Jul 13, 2026 and verified against that filing text.

Key risk factors

• No selected business combination target

  “We have not selected any business combination target and we have not, nor has anyone on our behalf, had any substantive discussions, directly or indirectly, with any business combination target relating to a business combination with our company.”

• Reduced public company reporting requirements

  “We are an "emerging growth company" and a "smaller reporting company" under applicable federal securities laws and will be subject to reduced public company reporting requirements.”

• Conflicts of interest of officers and directors

  “Further, each of our officers and directors may have a conflict of interest with respect to evaluating a particular business combination if the retention or resignation of any such officers and directors was included by a target business as a condition to any agreement with respect to our initial business combination.”

• Lack of protections afforded to investors in Rule 419 blank check offerings

  “Investors will not be entitled to protections normally afforded to investors in Rule 419 blank check offerings.”