Westchester Capital Management LLC acquired a new position in RF Acquisition Corp II (NASDAQ:RFAI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 250,000 shares of the company's stock, valued at approximately $2,555,000. Westchester Capital Management LLC owned approximately 1.67% of RF Acquisition Corp II at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Virtu Financial LLC purchased a new stake in shares of RF Acquisition Corp II in the fourth quarter worth $285,000. Wolverine Asset Management LLC increased its stake in shares of RF Acquisition Corp II by 13,468.1% in the fourth quarter. Wolverine Asset Management LLC now owns 592,790 shares of the company's stock worth $6,058,000 after purchasing an additional 588,421 shares in the last quarter. Robinson Capital Management LLC purchased a new stake in shares of RF Acquisition Corp II in the fourth quarter worth $338,000. Finally, Rivernorth Capital Management LLC purchased a new stake in shares of RF Acquisition Corp II in the third quarter worth $1,017,000.
RF Acquisition Corp II Trading Up 0.1 %
Shares of RF Acquisition Corp II stock traded up $0.01 during trading on Wednesday, reaching $10.44. 128,495 shares of the stock traded hands, compared to its average volume of 59,239. RF Acquisition Corp II has a 52-week low of $10.00 and a 52-week high of $10.44. The business has a fifty day simple moving average of $10.38 and a two-hundred day simple moving average of $10.27.
RF Acquisition Corp II Company Profile
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Free Report)
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.
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