Lineage Point Capital LP Invests $4.42 Million in RF Acquisition Corp III $RFAM

Lineage Point Capital LP purchased a new stake in shares of RF Acquisition Corp III (NASDAQ:RFAMFree Report) during the second quarter, HoldingsChannel reports. The institutional investor purchased 440,304 shares of the company’s stock, valued at approximately $4,423,000.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on RF Acquisition Corp III

RF Acquisition Corp III Stock Up 0.0%

Shares of NASDAQ:RFAM opened at $9.97 on Friday. RF Acquisition Corp III has a fifty-two week low of $9.77 and a fifty-two week high of $10.00. The stock has a 50-day simple moving average of $9.93.

RF Acquisition Corp III Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding RFAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RF Acquisition Corp III (NASDAQ:RFAMFree Report).

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