Appleby are pleased to have acted as Cayman Islands counsel for RF Acquisition Corp II (NASDAQ:RFAIU) (the Company), alongside Winston & Strawn LLP, in its IPO of 10,000,000 units, at a price of US$10.00 per unit. The units are listed on the Nasdaq Global Market (NASDAQ) and began trading under the ticker symbol “RFACU” on May 17, 2024.
Each unit consists of one ordinary share, par value $0.0001 per share, of the Company (ordinary share), and one right to receive one-twentieth of one ordinary share. After the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols “RFAI” and “RFAIR,” respectively. After the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols “RFAI” and “RFAIR,” respectively.
The Company intends to focus its target search on businesses in Asia within the deep technology sector, including artificial intelligence, quantum computing, and biotechnology.
The Appleby corporate team included Partner Simon Raftopoulos and Senior Associate Alexandra Low.
