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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 closing of its $100 million initial public offering (IPO) on May 21, 2024. The IPO involved 10,000,000 units priced at $10.00 per unit, listed on the Nasdaq Global Market under the ticker symbol 'RFAIU' as of May 17, 2024. Each unit includes one ordinary share and one right to receive one-twentieth of an ordinary share. The company, a blank check entity, aims to merge or acquire one or more businesses but has not yet identified any targets. EarlyBirdCapital, Inc. is the sole bookrunning manager, with Revere Securities as the co-manager.
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