Lineage Point Capital LP Purchases New Shares in RF Acquisition Corp III $RFAM

Lineage Point Capital LP acquired a new position in RF Acquisition Corp III (NASDAQ:RFAM) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 440,304 shares of the company’s stock, valued at approximately $4,423,000. Lineage Point Capital LP owned approximately 3.16% of RF Acquisition Corp III at the end of the most recent quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of RF Acquisition Corp III from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

RF Acquisition Corp III Stock Performance

RF Acquisition Corp III stock opened at $9.97 on Friday. RF Acquisition Corp III has a 12 month low of $9.77 and a 12 month high of $10.00. The business has a fifty day moving average of $9.93.

About RF Acquisition Corp III

RF Acquisition Corp III is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination.