RF Acquisition prices $10M IPO, trading starts today

By Khyathi Dalal,

RF Acquisition (RFACU) priced its 10M units IPO at $10/unit; units will be listed on Nasdaq under the symbol, “RFACU” commencing today.

Each unit consists of one share, par value $0.0001 per share, one redeemable warrant wherein each warrant holder is entitled to purchase one share at $11.5/share.

EarlyBirdCapital, underwriters representative, granted 45-day option to purchase up to an additional 1.5M units.

Offer is expected to close on Mar.28.

Source : https://seekingalpha.com/news/3816789-rf-acquisition-prices-10m-ipo-trading-starts-today

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