Berkley Entities Report 754,815 Shares (5.0%) in RF Acquisition II

Rhea-AI Filing Summary

RF Acquisition Corp II Schedule 13G discloses that W. R. Berkley Corporation and Berkley Insurance Company report beneficial ownership of 754,815 ordinary shares of the issuer, identified by CUSIP G75389109. That holding represents 5.0% of the outstanding class based on the issuer's publicly available statement that there are 15,012,500 ordinary shares outstanding. The reporting persons state they have no sole voting or dispositive power and instead hold shared voting and shared dispositive power of 754,815 shares.

The filing identifies the reporting entities as organized in Delaware, lists the reporting persons' address as 475 Steamboat Road, Greenwich, CT 06830, and gives the issuer's principal office in Singapore. The statement certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Insights

Financial Analyst

TL;DR: A 5.0% stake (754,815 shares) is a material passive disclosure but does not indicate control or management change.

The Schedule 13G shows a clear, quantified passive position: 754,815 shares (5.0%) with shared voting and dispositive power and no sole control. For investors, this is a transparency event that meets regulatory thresholds and clarifies ownership concentration without signaling an activist or control intent. The calculation references the issuer's stated outstanding share count of 15,012,500, which explains the percentage. Overall, the position is notable for size but described as non-control.

Corporate Governance Expert

TL;DR: Ownership disclosed as shared power and held in the ordinary course implies a non-control, reporting-threshold disclosure.

The filing's certification that the securities are held in the ordinary course of business and not to influence control is the key governance signal here. Both reporting entities report 0 sole voting and 754,815 shared voting power, which supports a passive posture under Schedule 13G. From a governance standpoint, this should not trigger board or control-related governance changes; it simply updates the register of significant holders at the 5% reporting threshold.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

RF Acquisition Corp II

(Name of Issuer)

Ordinary Shares, par value $0.0001 per share

(Title of Class of Securities)

G75389109

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G75389109

1

Names of Reporting Persons

W. R. Berkley Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 754,815.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 754,815.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

754,815.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.0 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. G75389109

1

Names of Reporting Persons

Berkley Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 754,815.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 754,815.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

754,815.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.0 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: RF Acquisition Corp II
(b)	Address of issuer's principal executive offices: 111 Somerset, #05-07 Singapore 238164
Item 2.
(a)	Name of person filing: The information required by Item 2(a) is set forth in Row 1 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
(b)	Address or principal business office or, if none, residence: The address of each Reporting Person is: 475 Steamboat Road Greenwich, CT 06830
(c)	Citizenship: The information required by Item 2(c) is set forth in Row 4 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
(d)	Title of class of securities: Ordinary Shares, par value $0.0001 per share
(e)	CUSIP No.: G75389109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person. Calculation of the ownership percentage set forth in Row 11 is based on the Issuer's publicly available Form 10-Q filed May 12, 2025, which states that the Issuer had outstanding 15,012,500 Ordinary Shares as of May 12, 2025.
(b)	Percent of class: 5.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0.00
	(ii) Shared power to vote or to direct the vote: 754,815.00
	(iii) Sole power to dispose or to direct the disposition of: 0.00
	(iv) Shared power to dispose or to direct the disposition of: 754,815.00
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99.1.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

W. R. Berkley Corporation

Signature:	By: /s/ Richard M. Baio
Name/Title:	Richard M. Baio, Executive Vice President and Chief Financial Officer
Date:	08/08/2025

Berkley Insurance Company

Signature:	By: /s/ Richard M. Baio
Name/Title:	Richard M. Baio, Executive Vice President and Treasurer
Date:	08/08/2025

FAQ

How many RF Acquisition Corp II shares does W. R. Berkley own (RFAIU)?

W. R. Berkley Corporation and Berkley Insurance Company report beneficial ownership of 754,815 shares of RF Acquisition Corp II.

What percentage of RFAIU does the reported holding represent?

The reported holding represents 5.0% of the outstanding ordinary shares of RF Acquisition Corp II based on the issuer's stated outstanding share count.

Do the reporting persons have sole voting or dispositive power over the RFAIU shares?

No. The filing states 0 sole voting power and 0 sole dispositive power, and reports 754,815 shared voting and shared dispositive power.

Through which entities is the ownership reported for RFAIU?

The ownership is reported by W. R. Berkley Corporation and Berkley Insurance Company, both identified in the filing.

Does the Schedule 13G indicate an intent to influence control of RFAIU?

No. The reporting persons certify the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.