Berkley W R Corp Acquires Shares in RF Acquisition Corp II

Berkley W R Corp has recently made a significant investment in RF Acquisition Corp II, trading under the ticker symbol NASDAQ:RFAI. This acquisition occurred during the third quarter, as reported in the firm's latest Form 13F filing submitted to the Securities and Exchange Commission. The company purchased 74,370 shares, which equates to an investment of approximately $756,000. Following this transaction, Berkley W R Corp holds about 0.50% of the total shares outstanding of RF Acquisition Corp II at the conclusion of the latest reporting period.

In addition to Berkley W R Corp, several other institutional investors and hedge funds have adjusted their positions in RF Acquisition Corp II. For instance, Wolverine Asset Management LLC bought a new stake in the company during the third quarter, valued at around $44,000. Likewise, Crossingbridge Advisors LLC acquired shares worth approximately $509,000, and Wealthspring Capital LLC secured a new position valued at $1,287,000. Periscope Capital Inc. also entered into RF Acquisition Corp II by purchasing shares worth about $2,034,000, while Mizuho Securities USA LLC made a significant investment of approximately $5,800,000 during the same period.

Performance of RF Acquisition Corp II

As for the performance of RF Acquisition Corp II, the stock opened at $10.20 on the most recent trading day. The company has a 50-day simple moving average of $10.16. Notably, RF Acquisition Corp II has recorded a twelve-month low of $10.00 and a twelve-month high of $10.27.

Overview of RF Acquisition Corp II

RF Acquisition Corp II is categorized as a blank check company, incorporated on February 5, 2024, in the Cayman Islands. The main purpose of the company is to engage in various business combinations. These include mergers, share exchanges, asset acquisitions, and reorganizations with one or more target businesses.

Related Topics

• Five stocks we like better than RF Acquisition Corp II
• Best Stocks Under $10.00
• Analog Devices: Why the Uptrend Could Accelerate in 2025
• What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
• Texas Pacific Land: Permian Basin Powerhouse With an AI Edge
• The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
• ServiceNow: Will the High-Flyer Finally Split in 2024?

Berkley, Investment, Acquisition