Wealthspring Capital LLC reduced its stake in RF Acquisition Corp II (NASDAQ:RFAI – Free Report) by 22.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 98,500 shares of the company’s stock after selling 28,100 shares during the quarter. RF Acquisition Corp II comprises 1.7% of Wealthspring Capital LLC’s holdings, making the stock its 24th largest holding. Wealthspring Capital LLC owned about 0.66% of RF Acquisition Corp II worth $1,007,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently made changes to their positions in RFAI. Wolverine Asset Management LLC acquired a new position in RF Acquisition Corp II in the third quarter valued at approximately $44,000. Mizuho Securities USA LLC acquired a new position in RF Acquisition Corp II in the third quarter valued at approximately $5,800,000. Periscope Capital Inc. acquired a new position in RF Acquisition Corp II in the third quarter valued at approximately $2,034,000. Crossingbridge Advisors LLC acquired a new position in RF Acquisition Corp II in the third quarter valued at approximately $509,000. Finally, Glazer Capital LLC acquired a new position in RF Acquisition Corp II in the third quarter valued at approximately $6,132,000.
RF Acquisition Corp II Price Performance
Shares of RFAI opened at $10.32 on Wednesday. RF Acquisition Corp II has a 52-week low of $10.00 and a 52-week high of $10.33. The business’s 50 day moving average price is $10.26 and its two-hundred day moving average price is $10.19.
About RF Acquisition Corp II
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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