Alfa 24 Ltd - 23 May 2024 Form 4 Insider Report for RF Acquisition Corp II (RFAI)

Role
10%+ Owner
Signature
/s/ Tse Meng Ng
Issuer symbol
RFAI
Transactions as of
23 May 2024
Net transactions value
+$665,620
Form type
4
Filing time
30 May 2024, 06:00:14 UTC
Previous filing
23 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFAI Ordinary Shares Options Exercise $332,810 +33,281 +1% $10.00* 3,263,281 23 May 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RFAI Rights Options Exercise $332,810 +33,281 +9.4% $10.00* 388,281 23 May 2024 Ordinary Shares 16,640 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each right is exchangeable for one twentieth of one ordinary share upon the completion of RF Acquisition Corp II's initial business combination.
F2 If RF Acquisition Corp II is unable to complete an initial business combination within the required time period and we redeem the public shares for the funds held in the trust account, holders of rights will not receive any of such funds for their rights and the rights will expire worthless.