RFAI · RF Acquisition Corp II
Substantial doubt about the company's ability to continue as a going concern.
“In connection with the Company's assessment of going concern considerations in accordance with Financial Accounting Standard Board's Accounting Standards Update ("ASU") 2014-15, "Disclosures of Uncertainties about an Entity's Ability to Continue as a Going Concern," management has determined that these conditions raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that the unaudited financial statements are issued. As a result, management has determined that such an additional condition also raises substantial doubt about the Company's ability to continue as a going concern within one year after the date that the unaudited financial statements are issued.”View the 10-Q filed May 7, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-05-01 | Lee Low Tuan |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-05-23 | Alfa 24 Ltd |
10% Owner |
Convert↑
|
Ordinary Shares
|
33,281 |
| 2024-05-23 | Ng Tse Meng |
Director |
Convert↑
Filing footnotes — Rights (Indirect)
Each right is exchangeable for one twentieth of one ordinary share upon the completion of RF Acquisition Corp II's initial business combination. 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. Alfa 24 Limited is the record holder of the ordinary shares reported herein. Tse Meng Ng is the managing member of Alfa 24 and has sole voting and investment discretion with respect to the ordinary shares held of record by the sponsor. Tse Meng Ng disclaims any beneficial ownership of any ordinary shares held by the sponsor except to the extent of his respective pecuniary interest therein. |
Rights
(I)
|
33,281 |
| 2024-05-23 | Ng Tse Meng |
Director |
Convert↑
Filing footnotes — Ordinary Shares (Indirect)
Alfa 24 Limited is the record holder of the ordinary shares reported herein. Tse Meng Ng is the managing member of Alfa 24 and has sole voting and investment discretion with respect to the ordinary shares held of record by the sponsor. Tse Meng Ng disclaims any beneficial ownership of any ordinary shares held by the sponsor except to the extent of his respective pecuniary interest therein. |
Ordinary Shares
(I)
|
33,281 |
| 2024-05-23 | Alfa 24 Ltd |
10% Owner |
Convert↑
Filing footnotes — Rights (Direct)
Each right is exchangeable for one twentieth of one ordinary share upon the completion of RF Acquisition Corp II's initial business combination. 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. |
Rights
|
33,281 |
| 2024-05-21 | Tham Chee Soon |
Director, Chief Financial Officer |
Other↑
|
No Securities Owned
|
0 |
| 2024-05-21 | Wan Ryan Lee |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-05-21 | Hui Vincent Yang |
Director |
Other↑
|
No Securities Owned
|
0 |