RF Acquisition Corp II (NASDAQ:RFAI) Shares Up 0.1% – Time to Buy?

RF Acquisition Corp II (NASDAQ:RFAI) rose 0.1% on Tuesday . The stock traded as high as $10.24 and last traded at $10.24. Approximately 1,000 shares changed hands during trading, a decline of 97% from the average daily volume of 30,050 shares. The stock had previously closed at $10.23.

RF Acquisition Corp II Stock Up 0.1 %

The business has a 50 day moving average of $10.20.

Institutional Investors Weigh In On RF Acquisition Corp II

A number of hedge funds have recently bought and sold shares of the business. Wolverine Asset Management LLC bought a new stake in shares of RF Acquisition Corp II in the 3rd quarter worth about $44,000. Crossingbridge Advisors LLC bought a new stake in RF Acquisition Corp II during the third quarter worth approximately $509,000. Berkley W R Corp purchased a new stake in RF Acquisition Corp II during the third quarter valued at approximately $756,000. Rivernorth Capital Management LLC bought a new stake in shares of RF Acquisition Corp II in the 3rd quarter valued at approximately $849,000. Finally, Wealthspring Capital LLC bought a new stake in shares of RF Acquisition Corp II in the 3rd quarter valued at approximately $1,287,000.

About RF Acquisition Corp II

We are a blank check company incorporated on February 5, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”.