RF Acquisition Corp II (NASDAQ:RFAI) Shares Sold by Kepos Capital LP

Kepos Capital LP reduced its holdings in shares of RF Acquisition Corp II (NASDAQ:RFAI) by 70.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 30,000 shares of the company’s stock after selling 70,000 shares during the quarter. RF Acquisition Corp II makes up approximately 0.3% of Kepos Capital LP’s holdings, making the stock its 23rd largest holding. Kepos Capital LP’s holdings in RF Acquisition Corp II were worth $307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in RFAI. Robinson Capital Management LLC acquired a new position in RF Acquisition Corp II during the 4th quarter valued at about $338,000. Crossingbridge Advisors LLC acquired a new position in RF Acquisition Corp II during the 3rd quarter valued at about $509,000. Berkley W R Corp acquired a new position in RF Acquisition Corp II during the 3rd quarter valued at about $756,000. Rivernorth Capital Management LLC acquired a new position in RF Acquisition Corp II during the 3rd quarter valued at about $849,000. Finally, Periscope Capital Inc. acquired a new position in RF Acquisition Corp II during the 3rd quarter valued at about $2,034,000.

RF Acquisition Corp II Price Performance

Shares of RFAI stock opened at $10.38 on Friday. The stock’s 50-day simple moving average is $10.30 and its 200-day simple moving average is $10.21. RF Acquisition Corp II has a fifty-two week low of $10.00 and a fifty-two week high of $10.40.

RF Acquisition Corp II Company 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.