
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT
- About
RF Acquisition Corp II Ordinary Shares (RFAI)


- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)

(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/15/2025: RFAI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit 5.48% | Avg. Invested days 198 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() | ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 158.08M USD | Price to earnings Ratio 61.94 | 1Y Target Price - |
Price to earnings Ratio 61.94 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 10.00 - 10.53 | Updated Date 06/29/2025 |
52 Weeks Range 10.00 - 10.53 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.17 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE 61.94 | Forward PE - | Enterprise Value 157269287 | Price to Sales(TTM) - |
Enterprise Value 157269287 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding 15012500 | Shares Floating 11153537 |
Shares Outstanding 15012500 | Shares Floating 11153537 | ||
Percent Insiders 19.15 | Percent Institutions 66.8 |
Upturn AI SWOT
RF Acquisition Corp II Ordinary Shares
Company Overview
History and Background
RF Acquisition Corp II is a blank check company (SPAC) 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. SPACs do not have significant operating history.
Core Business Areas
- Special Purpose Acquisition Company (SPAC): RF Acquisition Corp II's sole business activity is identifying and merging with a private operating company. The target industry can vary, but SPACs often focus on growth sectors.
Leadership and Structure
As a SPAC, leadership typically consists of a management team experienced in deal-making and specific industry sectors. The organizational structure is relatively simple, focused on deal sourcing and execution.
Top Products and Market Share
Key Offerings
- SPAC Structure: The offering is the structure itself. RF Acquisition Corp II offers investors the opportunity to invest in a company that will ultimately acquire a private entity. Market share is not applicable in the traditional sense. Competitors are other SPACs actively seeking acquisitions. Success depends on securing an attractive target and completing a successful merger. Revenue is from IPO proceedure and subsequent merger success.
Market Dynamics
Industry Overview
The SPAC market is highly cyclical, experiencing periods of intense activity followed by downturns. Regulatory scrutiny and investor sentiment significantly impact SPAC performance.
Positioning
RF Acquisition Corp II's position depends on the attractiveness of its management team and their ability to identify a promising acquisition target. Competitive advantage is based on deal-sourcing capabilities and transaction expertise.
Total Addressable Market (TAM)
The TAM is theoretically the entire market of private companies suitable for going public. The size is enormous, but the practical TAM depends on the SPAC's focus and ability to secure a deal.
Upturn SWOT Analysis
Strengths
- Experienced Management Team (potentially)
- Access to Capital from IPO
- Ability to Provide Quick Access to Public Markets for a Private Company
Weaknesses
- No Operating History
- Reliance on Management Team's Deal-Sourcing Abilities
- Time Pressure to Complete Acquisition
- Potential for Dilution Through Warrants and Founder Shares
Opportunities
- Identify a High-Growth Target Company
- Capitalize on Favorable Market Conditions for SPAC Mergers
- Negotiate a Favorable Acquisition Agreement
Threats
- Increased Regulatory Scrutiny of SPACs
- Competition from Other SPACs
- Unfavorable Market Conditions for SPAC Mergers
- Inability to Find a Suitable Acquisition Target
- Target company may be a scam or have bad financials
Competitors and Market Share
Key Competitors
- DNZ (DUNZW)
- PAIC
- AGAC
Competitive Landscape
The competitive landscape is crowded, with numerous SPACs seeking acquisitions. Differentiation is based on sector focus, management team experience, and deal-sourcing capabilities.
Growth Trajectory and Initiatives
Historical Growth: No historical growth prior to acquisition.
Future Projections: Future growth depends entirely on the acquisition target.
Recent Initiatives: Recent initiatives focus on deal sourcing and due diligence.
Summary
RF Acquisition Corp II is a SPAC, and its future is entirely dependent on its ability to find and merge with a suitable private company. As with all SPACs, there is a degree of risk involved with an investor not knowing where the money is going until it is announced, and whether or not the acquired company is a solid company, and the market agrees. The management team needs to be strong to mitigate this risk. Market conditions for SPACs can also drastically affect the share price. RF Acquisition Corp II is still actively searching for a target to merge with.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Financial News Outlets
- Company Website
Disclaimers:
This analysis is based on limited publicly available information and should not be considered investment advice. SPAC investments are inherently risky and speculative.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About RF Acquisition Corp II Ordinary Shares
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2024-07-05 | Chairman & CEO Mr. Tse Meng Ng | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | Website |
Full time employees - | Website |
RF Acquisition Corp II does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for a business combination on target businesses in the technology sector, including artificial intelligence, quantum computing, and biotechnology in Asia. The company was incorporated in 2024 and is based in Singapore.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.