Streetbeat News

RFAC

RF Acquisition Corp.

https://www.rfac.us

Industry

Shell Companies

RF Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses in financial services, media, technology, retail, interpersonal communication, transportation, and education sectors. The company was incorporated in 2021 and is based in Singapore.

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GCL Asia and Wan Xin Culture Technology Company have signed an MoU to invest over $100 million in the Southeast Asian gaming market. The collaboration will focus on IP creation, game development, publishing, and studio acquisitions, aiming to boost efficiency and combat online game piracy.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:15 pm

GCL Asia, a leading video game distribution and publishing group in Asia, is set to go public via a merger with RF Acquisition Corp. The combined company will be listed on Nasdaq under the ticker symbol 'GCL'. The proposed transaction gives GCL approximately $1.2 billion in pre-transaction equity value. GCL's shareholders will retain a majority of the combined company's outstanding shares. The transaction is expected to close in the second quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 12:28 pm

RF Acquisition Corp. has received a notice from Nasdaq for not meeting the minimum Market Value of Listed Securities (MVLS) requirement of $50 million. The company has until December 6, 2023, to regain compliance or face potential delisting.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:21 pm

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