RF Acquisition Corp III closes $100 million IPO of 10 million units
RF Acquisition Corp III completed its initial public offering of 10,000,000 units at $10.00 per unit on February 17, 2026, generating gross proceeds of $100,000,000. The company has not commenced operations and will not generate operating revenue until it completes a business combination, so shareholder value depends on that future deal.
Key points
- IPO of 10,000,000 units at $10.00 per unit on February 17, 2026, for gross proceeds of $100,000,000
- Private placement of 350,000 units at $10.00 per unit for $3,500,000 to sponsor Alfa 30 Limited and its designees, and EarlyBirdCapital, Inc.
- $100,000,000 placed in the trust account on February 17, 2026
- On February 19, 2026, underwriters did not exercise the over-allotment option; sponsor will forfeit 500,000 ordinary shares
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.