NORTHERN REVIVAL ACQUISITION Corp
Cash in trust
$19.5M
$19,496,980
Trust per share
—
Redemption value
IPO
Feb 2021
$241.5M raised
Combination deadline
—
Not disclosed
Filings on record
117
Latest May 15, 2025
Overview
NORTHERN REVIVAL ACQUISITION Corp is a special purpose acquisition company incorporated and registered with the SEC under CIK 0001831964. It completed its initial public offering in Feb 2021, raising $241.5M in gross proceeds. The vehicle is sponsored by Noble Rock through Noble Rock Sponsor LLC. The mandate targets technology. Deadline lapsed without a deal; trust returned to public shareholders.
“we intend to focus on industries that complement our management team’s background and to capitalize on the ability of our management team and the broader Noble Rock Advisors (defined below) platform to identify, acquire and operate a business in the software and tech -enabled services sectors.”
Reading the filings
Arithmetic on what NORTHERN REVIVAL ACQUISITION Corp has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Underwriting
Stifel led the offering. It has been named on 25 SPAC IPOs, book-running 25 of them, and 5.3% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.
SEC filing history
Free tier: filings older than 24 hours- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001172661-25-002128
- 8-K
Submission of matters to a vote of security holders; Other events
Items 5.03, 5.07, 8.01, 9.01 · Accession 0001213900-25-039416
- 8-K
Other events
Item 8.01 · Accession 0001213900-25-038678
- DEF 14A
Definitive proxy statement
Accession 0001213900-25-035615
- PRE 14A
PROXY STATEMENT
Accession 0001213900-25-032188
- NT 10-K
Late annual report notification
Accession 0001213900-25-026413
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001172661-25-000986
- SC 13G
Beneficial ownership report (passive)
Accession 0001172661-24-005041
- 8-K
Submission of matters to a vote of security holders; Other events
Items 5.03, 5.07, 8.01, 9.01 · Accession 0001213900-24-094582
- DEF 14A
Definitive proxy statement
Accession 0001213900-24-090805
- UPLOAD
SEC staff comment letter
Accession 0000000000-24-011927
- CORRESP
Correspondence with SEC staff
Accession 0001213900-24-090117
- PRER14A
PRELIMINARY PROXY STATEMENT
Accession 0001213900-24-090115
- UPLOAD
SEC staff comment letter
Accession 0000000000-24-011857
- CORRESP
Correspondence with SEC staff
Accession 0001213900-24-089018
- PRER14A
PROXY STATEMENT
Accession 0001213900-24-089017
- UPLOAD
SEC staff comment letter
Accession 0000000000-24-011687
- PRE 14A
PROXY STATEMENT
Accession 0001213900-24-087352
- 10-Q
Quarterly report
Accession 0001213900-24-081132
- 10-Q
Quarterly report
Accession 0001213900-24-065896
- 8-K
Submission of matters to a vote of security holders; Other events
Items 5.03, 5.07, 8.01, 9.01 · Accession 0001213900-24-065698
- DEF 14A
Definitive proxy statement
Accession 0001013762-24-001704
- 10-K
Annual report
Accession 0001013762-24-000579
- PRE 14A
PROXY STATEMENT
Accession 0001213900-24-061410
- NT 10-Q
Late quarterly report notification
Accession 0001213900-24-043885
- 25-NSE
Notification of delisting
Accession 0001354457-24-000296
- NT 10-K
Late annual report notification
Accession 0001213900-24-029308
- SC 13G/A
Amended beneficial ownership report (passive)
Accession 0000902664-24-001523
- SC 13G
Beneficial ownership report (passive)
Accession 0001193125-24-034264
- SC 13G/A
Amended beneficial ownership report (passive)
Accession 0001604488-24-000049
NORTHERN REVIVAL ACQUISITION Corp: questions answered
What is NORTHERN REVIVAL ACQUISITION Corp?
NORTHERN REVIVAL ACQUISITION Corp is a special purpose acquisition company incorporated and registered with the SEC under CIK 0001831964. It completed its initial public offering in Feb 2021, raising $241.5M in gross proceeds. The vehicle is sponsored by Noble Rock through Noble Rock Sponsor LLC. The mandate targets technology. Deadline lapsed without a deal; trust returned to public shareholders.
How much does NORTHERN REVIVAL ACQUISITION Corp hold in trust?
Approximately $19,496,980, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.
When must NORTHERN REVIVAL ACQUISITION Corp complete a merger?
No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.
What happens if NORTHERN REVIVAL ACQUISITION Corp does not find a target in time?
The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.
Can I redeem shares in NORTHERN REVIVAL ACQUISITION Corp, and at what price?
Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.
Is the trust value the same as the share price for NORTHERN REVIVAL ACQUISITION Corp?
No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.
How much dilution do NORTHERN REVIVAL ACQUISITION Corp's founder shares and warrants create?
Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.
Who sponsors NORTHERN REVIVAL ACQUISITION Corp, and what is their track record?
Noble Rock Sponsor LLC is the sponsor entity, part of the Noble Rock franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Whitney Bower.
Which banks underwrote the NORTHERN REVIVAL ACQUISITION Corp IPO?
Stifel, Oppenheimer, William Blair. Stifel and Oppenheimer and William Blair were credited as book-running managers on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is NORTHERN REVIVAL ACQUISITION Corp a good investment?
That is not a question this site answers. NORTHERN REVIVAL ACQUISITION Corp is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.
Where does this NORTHERN REVIVAL ACQUISITION Corp data come from?
Filings NORTHERN REVIVAL ACQUISITION Corp submitted to the SEC under CIK 0001831964: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.
Compiled by the SPACListing research desk
Last reconciled Sep 4, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
Noble Rock: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
Stifel in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Technology SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All liquidated spacs
Deadline lapsed without a deal; trust returned to public shareholders.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.