RF Acquisition Corp III (NASDAQ:RFAMU – Get Free Report) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a note issued to investors on Saturday.
RF Acquisition Corp III Stock Performance
NASDAQ:RFAMU opened at $9.97 on Friday. RF Acquisition Corp III has a 1 year low of $9.90 and a 1 year high of $9.98.
About RF Acquisition Corp III
RF Acquisition Corp III is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to pursue one or more business combinations. The company’s units are listed on the Nasdaq under the ticker RFAMU. As a blank-check vehicle, RF Acquisition Corp III does not operate a traditional commercial business but instead exists to identify, evaluate and consummate a merger, acquisition, or similar business combination with a target company.
The principal activity of the company is sourcing and completing an acquisition or combination that will result in a publicly traded operating company.
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