RF Acquisition Corp II Extends SPAC Deadline to February 2027; 833K Shares Redeemed
RFAI is trading near its 52-week low of $10.18 (8.8% above the low) on light trading volume (0.1× avg).
Summary
RF Acquisition Corp II shareholders approved a six-month extension of its SPAC deadline to February 2027, with 833,157 shares redeemed at $11.13 each, leaving $44.52 million in trust.
Key Events · Corporate Governance and Compliance · RFAI
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Deadline Extended to February 2027
Shareholders approved up to six one-month extensions from August 15, 2026 to February 15, 2027, with each extension requiring a $75,000 deposit into the trust account.
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833,157 Shares Redeemed
Holders redeemed 833,157 ordinary shares at $11.13 per share, removing $9,277,866.57 from the trust account.
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Trust Balance Reduced to $44.5M
After redemptions, approximately $44,522,115.92 remains in the trust account, with 3,998,108 ordinary shares outstanding.
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Forfeiture of $100K Dissolution Withdrawal
The company forfeited its right to withdraw up to $100,000 of trust interest to pay liquidation and dissolution expenses.
Analysis · RFAI · Real Estate & Construction
Shareholders approved extending the business combination deadline to February 15, 2027, with 833,157 shares redeemed at $11.13 each, removing $9.28 million from the trust. The company now has $44.52 million remaining in trust and 3,998,108 shares outstanding. The extension buys six more months to find a target, but the redemption rate signals weak shareholder conviction, and the company forfeited its right to withdraw $100,000 of trust interest for dissolution expenses.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.6% of the 1645 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RFAI was trading at $11.08 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $92.4M. The 52-week trading range was $10.18 to $11.44. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.