RF Acquisition II filed today with the SEC to raise up to $100 million. The Singapore-based company plans to offering 10 million units at $10 each. A unit consists of a share and one right to receive one-twentieth of a share.
CEO and Chairman Tse Meng Ng is co-founder and CEO of Ruifeng Wealth Management.
The new SPAC said it will target the deep technology sector in Asia, including AI, quantum computing, and biotechnology.
Sister SPAC RF Acquisition announced a $1.2 billion merger agreement with Singapore-based video game publisher GCL Asia in October 2023.
RF Acquisition II plans to list on the Nasdaq under the symbol RFAIU.
EarlyBirdCapital is the sole bookrunner on this deal. Read more.
