Periscope Capital Inc. Cuts Stock Position in RF Acquisition Corp II (NASDAQ:RFAI)

Periscope Capital Inc. cut its holdings in shares of RF Acquisition Corp II (NASDAQ:RFAI) by 12.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 175,000 shares of the company’s stock after selling 25,000 shares during the period. Periscope Capital Inc. owned about 1.17% of RF Acquisition Corp II worth $1,788,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Wolverine Asset Management LLC increased its stake in RF Acquisition Corp II by 13,468.1% during the fourth quarter. Wolverine Asset Management LLC now owns 592,790 shares of the company’s stock worth $6,058,000 after purchasing an additional 588,421 shares during the period. Robinson Capital Management LLC purchased a new stake in RF Acquisition Corp II during the fourth quarter worth about $338,000. Rivernorth Capital Management LLC purchased a new stake in RF Acquisition Corp II during the third quarter worth about $1,017,000. Polar Asset Management Partners Inc. purchased a new stake in RF Acquisition Corp II during the third quarter worth about $2,288,000. Finally, Berkley W R Corp purchased a new stake in RF Acquisition Corp II during the third quarter worth about $756,000.

RF Acquisition Corp II Trading Up 0.1 %

Shares of NASDAQ:RFAI opened at $10.38 on Monday. RF Acquisition Corp II has a 1 year low of $10.00 and a 1 year high of $10.40. The firm’s 50-day moving average is $10.29 and its two-hundred day moving average is $10.21.

RF Acquisition Corp II Profile

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.