RF Acquisition Corp II RFAI

Financials SIC 6770 - Blank Checks Nasdaq

RF Acquisition Corp II is a blank check company incorporated on February 5, 2024, as a Cayman Islands exempted company. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the "Business Combination"). Although the Company is not limited to a particular industry or sector for purposes of consummating a Business Combination, the Company intends to focus its search for a Business Combination on target businesses in Asia within the deep technology sector, including artificial intelligence, quantum computing, and biotechnology. We shall not undertake our Business Combination with an entity or business with China operations consolidated through a variable interest entity ("VIE") structure.

Last close 41.50 2026-09-04
Market cap $145.8M 2026-06-30 share count
52-week range 8.94 - 73.00

Valuation FY2025 figures against the last close

P/S
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS

Annual financial statements

Income statement

Fiscal year FY2025FY2024
Operating income -$1.3M-$361.8K
Net income $3.4M$3.2M

Balance sheet

Fiscal year FY2025FY2024
Cash and equivalents $337.4K$0
Total current assets $401.8K$984.4K
Total assets $52.7M$120.1M
Total current liabilities $969.4K$295.2K
Total liabilities $5.0M$4.3M
Retained earnings -$4.6M-$3.3M
Total equity -$4.6M-$3.3M

Cash flow

Fiscal year FY2025FY2024
Operating cash flow -$561.4K-$89.5K
Investing cash flow $71.5M-$115.6M
Financing cash flow -$71.5M$116.6M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001829126-26-001254.

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