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RFACW

Closed

Rf Acquisition Corp.

0.0506
0.0000 (0.00%)
Last Update: 14 Feb 2025 00:00:00
Yesterday: 0.0506
Day's Range: 0.0506 - 0.08
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When Written:
 
0.0313
RF Acquisition Corp. is a special purpose acquisition company (SPAC) that was formed in 2021. The company was created with the aim of acquiring one or more businesses in the technology, media, and telecommunications (TMT) sectors. The SPAC is led by CEO and Chairman Howard Lutnick, who is also the CEO of financial services company Cantor Fitzgerald.

RF Acquisition Corp. completed its initial public offering (IPO) in March 2021, raising $300 million. The company's shares trade on the NASDAQ under the ticker symbol "RACA".

As a SPAC, RF Acquisition Corp. has a limited lifespan and is required to complete an acquisition within a set timeframe. If the company fails to find a suitable target within this timeframe, it will be forced to return the funds raised in its IPO to its investors.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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