RF Acquisition Corp II (RFAIU) Stock Price, News & Analysis

Company Overview

RF Acquisition Corp II, incorporated in Delaware in 2021, is a special purpose acquisition company (SPAC) listed on the Nasdaq under the ticker RFAIU. The company 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. As a blank check vehicle, it raises capital through an initial public offering and holds the net proceeds in a trust account until a suitable transaction is identified.

RF Acquisition Corp II does not engage in any commercial operations of its own and has not generated revenues independent of its SPAC structure. The company leverages the expertise of its sponsor and management team—professionals with backgrounds in corporate finance, private equity and investment banking—to identify and evaluate potential acquisition targets. While the SPAC structure allows flexibility in pursuing opportunities across a range of industries, RF Acquisition Corp II’s leadership has indicated a primary focus on growth-oriented companies in North America, including sectors such as technology, healthcare and consumer services.

Under its organizational documents, RF Acquisition Corp II is required to complete a business combination within a prescribed timeframe, typically 24 months from the closing of its initial public offering, or else return capital to public shareholders. To date, the company has not announced a definitive agreement for a transaction. RF Acquisition Corp II continues to review prospective targets and intends to leverage its Nasdaq listing and capital base to execute a transaction that aligns with its investment mandate and delivers value to shareholders.

Key Stats

• Today's Range: $10.85 to $10.85
• 50-Day Range: $10.16 to $10.85
• 52-Week Range: $10.69 to $10.85
• Volume: 300 shs
• Average Volume: 422 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

RFAIU Stock Analysis - Frequently Asked Questions

How have RFAIU shares performed this year?

RF Acquisition Corp II's stock was trading at $10.36 at the start of the year. Since then, RFAIU shares have increased by 4.7% and is now trading at $10.85.

When did RF Acquisition Corp II IPO?

RF Acquisition Corp II (RFAIU) raised $100 million in an initial public offering (IPO) on Friday, May 17th 2024. The company issued 10,000,000 shares at $10.00 per share.

How do I buy shares of RF Acquisition Corp II?

Shares of RFAIU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment Offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:RFAIU
• CIK: 2012807
• Web: N/A
• Phone: 006569040766
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: N/A
• Beta: N/A