Lynwood Capital Management Inc. purchased a new position in RF Acquisition Corp. (NASDAQ:RFAC – Get Rating) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 78,300 shares of the company's stock, valued at approximately $772,000. Lynwood Capital Management Inc. owned about 0.62% of RF Acquisition at the end of the most recent reporting period.
RF Acquisition Stock Performance
RF Acquisition stock traded down $0.04 during mid-day trading on Wednesday, reaching $9.93. 8,865 shares of the stock traded hands, compared to its average volume of 241. RF Acquisition Corp. has a 12-month low of $9.80 and a 12-month high of $9.97. The firm's 50-day simple moving average is $9.90.
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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.Featured Articles
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