M&A
confidence high
sentiment neutral
materiality 0.75
RF Acquisition Corp II shareholders approve Nanyang Biologics deal; 3.96M shares seek redemption
RF Acquisition Corp II
- All six proposals approved at Aug 19 EGM: 6,765,584 for, 440,604 against, 0 abstain.
- Preliminary redemption requests for 3,956,323 ordinary shares from trust account (~47.4% of outstanding).
- Business combination with Nanyang Biologics Pte. Ltd. via NYB Holdings remains subject to closing conditions.
- Quorum of 7,206,188 shares (86.36%) present; record date May 20, 2026.
- Redemption requests may be withdrawn with consent; final per-share price and trust proceeds pending closing.