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RF Acquisition Corp (RFACU) is a blank check company that has recently entered into a business combination agreement with Grand Centrex Limited (GCL Asia), one of Asia's leading video game distributors and publishers. GCL Asia, along with its subsidiaries, provides a wide range of gaming services in East Asia and Southeast Asia. The merger aims to create a publicly listed company on Nasdaq under the ticker symbol 'GCL.' With a focus on game publishing and IP management, GCL Asia has established itself as a key player in the Asian gaming market, partnering with international game publishers and developers. The company plans to leverage its experience to deliver high-quality gaming experiences to the rapidly growing Asian gaming community.
RF Acquisition Corp. (NASDAQ: RFACU) announced that starting April 20, 2022, holders of its 11,500,000 IPO units can separately trade the Class A common stock, rights, and warrants. The separated securities will trade under new symbols: RFAC, RFACR, and RFACW. The units were initially offered in an underwritten IPO managed by EarlyBirdCapital, Inc. The company, a blank check entity, has not yet selected a specific business combination target. This press release contains forward-looking statements regarding the unit separation, which may be subject to various conditions.
RF Acquisition Corp. (NASDAQ: RFACU) announced that its underwriter exercised an over-allotment option, purchasing an additional 1,500,000 units at $10.00 each, bringing the total units issued to 11,500,000 and raising $115,000,000. Each unit consists of Class A common stock, a redeemable warrant, and a right to receive one-tenth of a share of Class A common stock. The company is a blank check firm with no specific business combination target identified yet. EarlyBirdCapital, Inc. managed the offering, and the registration was effective as of March 23, 2022.
RF Acquisition Corp. announced the closing of its initial public offering on March 28, 2022, raising $100 million by offering 10,000,000 units at $10.00 each. The units began trading on Nasdaq under the symbol RFACU on March 24, 2022. Each unit includes one share of Class A common stock, one redeemable warrant (exercisable at $11.50), and a right to receive one-tenth of a share of Class A common stock. The company has not yet selected a specific business combination target and has engaged in no substantive discussions regarding such a target.
On March 23, 2022, RF Acquisition Corp. announced the pricing of its initial public offering (IPO) of 10,000,000 units at $10.00 each, set to trade on Nasdaq under the symbol RFACU from March 24, 2022. Each unit includes one share of Class A common stock, one redeemable warrant, and a right to receive a fraction of common stock. The offering is expected to close on March 28, 2022, subject to customary conditions. The company is a blank check entity aiming to merge or acquire one or more businesses but has not yet identified a specific target.