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RF Acquisition Corp. 8-K Report: Insights on Equity & Warrant Offerings

$RFAC
Form 8-K
Filed on: 2025-02-14
Source
RF Acquisition Corp. 8-K Report: Insights on Equity & Warrant Offerings

Here’s a concise analysis of the provided financial report section:

Key Information:

  1. Entity Identification:
  • Company Name: RF Acquisition Corp.
  • CIK: 0001847607
  • SEC Filing Type: 8-K
  • Filing Date: February 13, 2025
  • SEC Central Index Key (CIK): 0001847607
  1. Securities Offered:
  • Units: Each unit consists of:
    • One Share of Class A Common Stock
    • One Redeemable Warrant: Each warrant is exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share.
    • One Right: Each right entitles the holder to receive one-tenth of one share of Class A Common Stock.
  1. Stock Class Details:
  • Class A Common Stock: Par value of $0.0001 per share.
  • Warrants & Rights:
    • Warrants: Symbol RFACW listed on NASDAQ.
    • Rights: Symbol RFACR listed on NASDAQ.
  1. Reporting Context:
  • Date Context: The financial data is reported as of February 13, 2025.
  • Dimensions: The report includes several segments under US GAAP for:
    • Common Class A Member
    • Warrant Member
    • Rights Member
  1. Units of Measurement:
  • All financial measures are reported in USD (U.S. Dollar) and shares.

Insights:

  • Capital Structure: The company is offering a combination of equity and derivatives (warrants and rights), which is typical for SPACs (Special Purpose Acquisition Companies) looking to raise capital for future acquisitions.
  • Potential Upside: The structure allows investors to benefit not only from the equity upside but also provides options to increase their stake through warrants.
  • Regulatory Compliance: The filing indicates compliance with SEC requirements, providing transparency to potential investors regarding the rights and obligations associated with the offered securities.

This information is crucial for investors and analysts assessing the company’s capital formation strategies and potential for future growth or acquisitions.