other material
confidence high
sentiment neutral
materiality 0.50
RF Acquisition Corp II extends SPAC deadline to Feb 2027; shareholders redeem 833k shares
RF Acquisition Corp II
- Shareholders approved extending business combination deadline by up to six one-month extensions to Feb 15, 2027.
- Each extension requires $75,000 deposit into trust; company forfeits $100k interest withdrawal right for liquidation expenses.
- Holders of 833,157 shares redeemed at ~$11.13/share, removing ~$9.28M from trust; ~$44.52M remains.
- Post-redemption, company has 3,998,108 ordinary shares outstanding.
- All three proposals passed with 6,767,656 for, 260,877 against, 0 abstain.