D. E. Shaw & Co. Inc. Acquires 85,000 Shares of RF Acquisition Corp II (NASDAQ:RFAI)

D. E. Shaw & Co. Inc. grew its holdings in RF Acquisition Corp II (NASDAQ:RFAI - Free Report) by 18.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 541,134 shares of the company's stock after acquiring an additional 85,000 shares during the quarter. D. E. Shaw & Co. Inc. owned 3.61% of RF Acquisition Corp II worth $5,530,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Wolverine Asset Management LLC boosted its holdings in RF Acquisition Corp II by 13,468.1% in the 4th quarter. Wolverine Asset Management LLC now owns 592,790 shares of the company's stock valued at $6,058,000 after purchasing an additional 588,421 shares during the period. Westchester Capital Management LLC bought a new stake in shares of RF Acquisition Corp II in the fourth quarter valued at about $2,555,000. Bulldog Investors LLP grew its position in RF Acquisition Corp II by 305.9% during the fourth quarter. Bulldog Investors LLP now owns 239,878 shares of the company's stock worth $2,452,000 after buying an additional 180,782 shares in the last quarter. Berkley W R Corp increased its stake in RF Acquisition Corp II by 165.5% during the fourth quarter. Berkley W R Corp now owns 197,444 shares of the company's stock valued at $2,018,000 after acquiring an additional 123,074 shares during the period. Finally, Robinson Capital Management LLC bought a new position in RF Acquisition Corp II during the fourth quarter valued at about $338,000.

RF Acquisition Corp II Stock Performance

NASDAQ RFAI traded down $0.01 on Thursday, reaching $10.48. The company's stock had a trading volume of 202 shares, compared to its average volume of 55,583. RF Acquisition Corp II has a 52 week low of $10.00 and a 52 week high of $10.50. The business has a 50-day moving average price of $10.42 and a 200 day moving average price of $10.31.

RF Acquisition Corp II Profile

RF Acquisition Corp. II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on February 5, 2024, and is headquartered in Singapore.