RF Acquisition Corp III (RFAMU) insider reports initial holdings

Rhea-AI Filing Summary

RF Acquisition Corp III director, CEO and Chairman Ng Tse Meng has filed an initial ownership report on Form 3. The filing shows that he indirectly reports ownership of ordinary shares and rights of the company through Alfa 30 Limited, which is the record holder.

The footnotes explain that the stake includes ordinary shares and securities from private placement units sold alongside the company’s initial public offering. Ng is the managing member of Alfa 30 and has sole voting and investment discretion over these securities but disclaims beneficial ownership except for his pecuniary interest.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Ng Tse Meng

Role CEO and Chairman

Type	Security	Shares	Price	Value
holding	Rights	--	--	--
holding	Ordinary Shares, par value $0.0001 per share	--	--	--

Holdings After Transaction: Rights — 25,000 shares (Indirect, See Footnote); Ordinary Shares, par value $0.0001 per share — 4,083,000 shares (Indirect, See Footnote)

Footnotes (1)

1. Includes 3,833,333 ordinary shares and 250,000 ordinary shares underlying the private placement units (of which 100,000 ordinary shares underlying the private placement units will go to third party investors), which were sold in a private placement taking place simultaneously with the RF Acquisition Corp III's initial public offering. Alfa 30 Limited is the record holder of the ordinary shares reported herein. Tse Meng Ng is the managing member of Alfa 30 and has sole voting and investment discretion with respect to the ordinary shares held of record by the sponsor. Tse Meng Ng disclaims any beneficial ownership of any ordinary shares held by the sponsor except to the extent of his respective pecuniary interest therein. Includes 250,000 rights underlying the private placement units, which were sold in a private placement taking place simultaneously with the RF Acquisition Corp III's initial public offering. Each right is exchangeable for one-tenth of one ordinary share upon the completion of RF Acquisition Corp III's initial business combination.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Ng Tse Meng

(Last) (First) (Middle)

C/O 111 SOMERSET, #05-07

(Street)

SINGAPORE 238164

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/17/2026

3. Issuer Name and Ticker or Trading Symbol
RF Acquisition Corp III [ RFAM ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Chairman

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares, par value $0.0001 per share	4,083,000	I	See Footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Rights	(2)	(2)	Ordinary Shares	25,000	(2)	I	See Footnote(2)

Explanation of Responses:

1. Includes 3,833,333 ordinary shares and 250,000 ordinary shares underlying the private placement units (of which 100,000 ordinary shares underlying the private placement units will go to third party investors), which were sold in a private placement taking place simultaneously with the RF Acquisition Corp III's initial public offering. Alfa 30 Limited is the record holder of the ordinary shares reported herein. Tse Meng Ng is the managing member of Alfa 30 and has sole voting and investment discretion with respect to the ordinary shares held of record by the sponsor. Tse Meng Ng disclaims any beneficial ownership of any ordinary shares held by the sponsor except to the extent of his respective pecuniary interest therein.

2. Includes 250,000 rights underlying the private placement units, which were sold in a private placement taking place simultaneously with the RF Acquisition Corp III's initial public offering. Each right is exchangeable for one-tenth of one ordinary share upon the completion of RF Acquisition Corp III's initial business combination.

	/s/ Tse Meng Ng	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Ng Tse Meng’s Form 3 filing for RFAMU report?

The Form 3 filing reports that CEO and Chairman Ng Tse Meng indirectly owns ordinary shares and rights of RF Acquisition Corp III through Alfa 30 Limited. It establishes his initial ownership position as a director, officer, and 10% owner associated with the company’s private placement units.

How are Ng Tse Meng’s RF Acquisition Corp III shares held?

The securities are held of record by Alfa 30 Limited, not directly by Ng Tse Meng. He is the managing member of Alfa 30 and has sole voting and investment discretion over those ordinary shares, according to the footnotes in the Form 3 filing for RF Acquisition Corp III (RFAMU).

What securities are referenced in the RFAMU Form 3 footnotes?

The footnotes reference ordinary shares and securities underlying private placement units sold simultaneously with RF Acquisition Corp III’s initial public offering. They also describe rights that are exchangeable for one-tenth of one ordinary share upon completion of the company’s initial business combination transaction.

Does Ng Tse Meng fully beneficially own all RF Acquisition Corp III shares reported?

The filing states that Ng Tse Meng disclaims beneficial ownership of ordinary shares held by the sponsor entity except to the extent of his pecuniary interest. This means he recognizes an economic interest but does not claim full beneficial ownership of all RF Acquisition Corp III securities held by Alfa 30 Limited.

What are the rights mentioned in the RF Acquisition Corp III Form 3?

The rights mentioned in the Form 3 are tied to private placement units sold with RF Acquisition Corp III’s initial public offering. Each right is exchangeable for one-tenth of one ordinary share after the company completes its initial business combination, as described in the filing’s footnotes.