RF Acquisition Corp III’s (NASDAQ:RFAM – Get Free Report) lock-up period will end on Wednesday, August 12th. RF Acquisition Corp III had issued 10,000,000 shares in its public offering on February 13th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised shares of RF Acquisition Corp III from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, RF Acquisition Corp III presently has a consensus rating of “Sell”.
Check Out Our Latest Analysis on RFAM
RF Acquisition Corp III Stock Performance
About RF Acquisition Corp III
RF Acquisition Corp III is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination.
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