Wealthspring Capital LLC Has $1.01 Million Stake in RF Acquisition Corp II (NASDAQ:RFAI)

Wealthspring Capital LLC trimmed its position in shares of RF Acquisition Corp II (NASDAQ:RFAI) by 22.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 98,500 shares of the company’s stock after selling 28,100 shares during the period. RF Acquisition Corp II accounts for 1.7% of Wealthspring Capital LLC’s holdings, making the stock its 24th biggest position. Wealthspring Capital LLC’s holdings in RF Acquisition Corp II were worth $1,007,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Periscope Capital Inc. acquired a new position in shares of RF Acquisition Corp II during the third quarter worth approximately $2,034,000. Wolverine Asset Management LLC raised its position in shares of RF Acquisition Corp II by 13,468.1% during the fourth quarter. Wolverine Asset Management LLC now owns 592,790 shares of the company’s stock worth $6,058,000 after purchasing an additional 588,421 shares during the period. Rivernorth Capital Management LLC acquired a new position in shares of RF Acquisition Corp II during the third quarter worth approximately $1,017,000. Berkley W R Corp acquired a new position in shares of RF Acquisition Corp II during the third quarter worth approximately $756,000. Finally, Robinson Capital Management LLC acquired a new position in shares of RF Acquisition Corp II during the fourth quarter worth approximately $338,000.

RF Acquisition Corp II Price Performance

Shares of NASDAQ:RFAI opened at $10.32 on Wednesday. The stock’s 50 day moving average is $10.26 and its 200-day moving average is $10.19. RF Acquisition Corp II has a twelve month low of $10.00 and a twelve month high of $10.33.

RF Acquisition Corp II 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.