Group 1 - The Company, RF Acquisition Corp III, closed its initial public offering of up to 10,000,000 units at a price of $10.00 per unit on February 17, 2026, with trading commencing on February 13, 2026, under the ticker symbol "RFAMU" [1] - Each unit consists of one ordinary share and one right to receive one-tenth of one ordinary share, with separate trading expected to occur under the symbols "RFAM" and "RFAMR" [1] - The proceeds from the initial public offering are intended for use in connection with an initial business combination, focusing on businesses in Asia within the deep technology sector, including artificial intelligence, quantum computing, and biotechnology [2] Group 2 - The Company is led by Tse Meng Ng as Chief Executive Officer and Chairman, and Chee Soon Tham as Chief Financial Officer, with independent directors including Ryan Lee Wen, Tuan Lee Low, and Yunn Chinn Shng [3] - EarlyBirdCapital, Inc. acted as the sole book-running manager for the offering, and the Company has granted underwriters a 45-day option to purchase an additional 1,500,000 units at the initial public offering price [4]
RF Acquisition Corp III Announces Closing of $100 Million Initial Public Offering