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RF Acquisition III Units (RFAMU) Stock News

RFAMU Nasdaq
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RF Acquisition Corp III (NASDAQ:RFAM) announced that, effective February 26, 2026, holders of the 10,000,000 units sold in its IPO may elect to separately trade the ordinary shares and rights included in each unit.

Unseparated units will continue trading on Nasdaq Global Market as RFAMU, while separated ordinary shares and rights are expected to trade as RFAM and RFAMR. Brokers must contact Continental Stock Transfer & Trust Company to effect separations. The units were sold in an underwritten offering with EarlyBirdCapital as sole book-running manager and a registration statement that became effective January 30, 2026.

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Rhea-AI Summary

RF Acquisition Corp III (NASDAQ:RFAM) closed an initial public offering of up to 10,000,000 units at $10.00 each on February 17, 2026, raising $100 million before any over-allotment.

Units began trading under RFAMU on February 13, 2026; ordinary shares and rights are expected to trade as RFAM and RFAMR after separation. The company is a blank-check vehicle targeting deep technology businesses in Asia, with an underwriter over-allotment option for 1,500,000 additional units.

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RF Acquisition Corp III (NASDAQ:RFAMU) priced a $100.0 million initial public offering of 10,000,000 units at $10.00 per unit. Trading of units begins on February 13, 2026 on Nasdaq; ordinary shares and rights expected to trade as RFAM and RFAMR after separation.

The offering is expected to close on February 17, 2026, subject to customary closing conditions, and underwriters have a 45-day option to purchase up to an additional 1,500,000 units for overallotments.

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FAQ

What is the current stock price of RF Acquisition III Units (RFAMU)?

RF Acquisition III Units (RFAMU) last closed at $10.185.