Rivernorth Capital Management LLC Buys New Stake in RF Acquisition Corp II (NASDAQ:RFAI)

Rivernorth Capital Management LLC purchased a new position in RF Acquisition Corp II (NASDAQ:RFAI) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 100,000 shares of the company’s stock, valued at approximately $1,017,000. Rivernorth Capital Management LLC owned about 0.67% of RF Acquisition Corp II at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Periscope Capital Inc. purchased a new position in RF Acquisition Corp II during the 3rd quarter worth $2,034,000. Berkley W R Corp acquired a new stake in RF Acquisition Corp II in the third quarter worth about $756,000. Glazer Capital LLC purchased a new stake in shares of RF Acquisition Corp II during the third quarter worth about $6,132,000. Mizuho Securities USA LLC acquired a new position in shares of RF Acquisition Corp II during the third quarter valued at about $5,800,000. Finally, Wealthspring Capital LLC purchased a new position in shares of RF Acquisition Corp II in the 3rd quarter valued at approximately $1,287,000.

RF Acquisition Corp II Price Performance

RFAI stock opened at $10.20 on Friday. RF Acquisition Corp II has a 52 week low of $10.00 and a 52 week high of $10.27. The stock has a 50 day moving average of $10.17.

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”.