Yakira Capital Management Inc. purchased a new stake in shares of RF Acquisition Corp. (NASDAQ:RFACU – Get Rating) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 300,000 shares of the company's stock, valued at approximately $3,009,000.
Several other large investors have also added to or reduced their stakes in the company. Condor Capital Management purchased a new stake in shares of RF Acquisition in the first quarter worth about $50,000. Wealthspring Capital LLC purchased a new stake in shares of RF Acquisition in the first quarter worth about $639,000. Lynwood Capital Management Inc. purchased a new stake in shares of RF Acquisition in the first quarter worth about $752,000. Context Capital Management LLC purchased a new stake in shares of RF Acquisition in the first quarter worth about $3,260,000. Finally, Wolverine Asset Management LLC purchased a new stake in shares of RF Acquisition in the first quarter worth about $4,129,000.
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Shares of RFACU opened at $10.02 on Friday. RF Acquisition Corp. has a 52 week low of $9.65 and a 52 week high of $11.54. The business has a 50-day moving average of $10.01.
About RF Acquisition
(Get Rating)RF Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses in financial services, media, technology, retail, interpersonal communication, transportation, and education sectors.
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