Welcome to our dedicated page for RF Acquisition II news (Ticker: RFAIU), a resource for investors and traders seeking the latest updates and insights on RF Acquisition II stock.
RF Acquisition Corp II (RFAIU) provides investors with centralized access to official announcements and strategic developments from this Singapore-based blank check company. This page aggregates all material updates related to potential business combinations, trust account management, and operational milestones.
As a specialized SPAC focusing on Southeast Asia's new economy sectors, RFAIU's news coverage includes merger negotiations, regulatory filings, and leadership updates. Investors gain critical insights into the company's progress in identifying high-growth targets while maintaining capital protection through its trust structure.
Key updates feature due diligence progress, shareholder meeting outcomes, and market expansion strategies. All content undergoes verification against primary sources including SEC filings and official corporate communications. Bookmark this page for real-time updates on RFAIU's pursuit of transformative acquisitions in emerging tech and digital economy sectors.
RF Acquisition Corp. (RFAC), a blank check company based in Singapore, has announced an updated per-share redemption price of approximately $11.24 for its public shares. This announcement comes ahead of the special meeting of stockholders scheduled for September 23, 2024. The redemption price aligns with the closing price of RFAC's Class A Common Stock on September 13, 2024.
RFAC, incorporated in 2021, aims to effect a business combination with one or more businesses, focusing on the Southeast Asian new economy sector or other global targets. The company's primary purpose is to pursue mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations.
RF Acquisition Corp II (NASDAQ: RFAIU) announced that starting July 5, 2024, holders of the 11,500,000 units sold in its initial public offering can choose to trade the ordinary shares and rights separately. Units not separated will continue to trade under the symbol 'RFAIU,' while the separated shares and rights will trade under 'RFAI' and 'RFAIR,' respectively. To separate units, unitholders must have their brokers contact Continental Stock Transfer & Trust Company. EarlyBirdCapital, Inc. managed the offering, which was made by prospectus after being declared effective by the SEC on May 16, 2024. Copies of the prospectus can be obtained from EarlyBirdCapital, Inc.
RF Acquisition Corp II announced the pricing of its $100 million initial public offering (IPO) of 10,000,000 units at $10.00 per unit. Trading starts on May 17, 2024, on Nasdaq under the ticker 'RFAIU'. Each unit includes one ordinary share and one right to receive one-twentieth of an ordinary share. The ordinary shares and rights will trade separately under 'RFAI' and 'RFAIR' once the units separate. The offering is set to close on May 21, 2024, pending usual conditions. RF Acquisition Corp II, a blank check company, aims to merge with or acquire businesses but has no specific targets yet. EarlyBirdCapital is the sole bookrunner and Revere Securities co-manages the offering. The Company offers an option for underwriters to buy an extra 1,500,000 units within 45 days to cover over-allotments.
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