RF Acquisition priced its initial public offering of 10 million units at $10 each. The units list on the Nasdaq and trade under the ticker symbol RFACU starting today. Each consists of one share, a warrant and one right to receive one-tenth of a share. After the securities begin separate trading, shares, warrants and rights are expected to be listed under the symbols RFAC, RFACW and RFACR\.
The offering is expected to close March 28.
RF Acquisition intends to target companies within the Southeast Asian new economy sector or elsewhere, excluding China, Hong Kong and Macau.
EarlyBirdCapital is sole book-running manager of the offering. Read more.
