RF Acquisition Corp. II (RFAIU) Prices $100M IPO


RF Acquisition Corp. II (RFAIU) Prices $100M IPO

RF Acquisition Corp. II (NASDAQ:RFAIU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RFAIU”, Friday, May 17, 2024.

The new SPAC intends to focus its target search on businesses in Asia within the deep technology sector, including artificial intelligence, quantum computing, and biotechnology.

The RF II sponsor team will be led by Chief Executive Officer and Chairmen Tse Meng Ng and Chief Financial Officer and Director Chee Soon Tham. Vincent Yang Hui and Ryan Lee Wen will serve as independent directors.

Total SPAC deal count for 2024 year-to-date is now 9. This offering is expected to close on Tuesday, May 21, 2024.

EarlyBird Capital LLC is acting as sole book-running manager and Revere Securities is acting as co-manager for the offering. Winston & Strawn LLP is serving as Issuer’s Counsel with Graubard Miller serving as Underwriter’s Counsel. MaloneBailey, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.