Harraden Circle Investments LLC Invests $1.79 Million in RF Acquisition Corp III $RFAM

Harraden Circle Investments LLC purchased a new position in RF Acquisition Corp III (NASDAQ:RFAM) during the second quarter, HoldingsChannel reports. The firm purchased 180,750 shares of the company’s stock, valued at approximately $1,789,000.

Separately, Lineage Point Capital LP bought a new stake in shares of RF Acquisition Corp III during the second quarter valued at approximately $4,423,000.

RF Acquisition Corp III Stock Up 0.0%

Shares of RFAM opened at $9.97 on Friday. RF Acquisition Corp III has a 1-year low of $9.77 and a 1-year high of $10.00. The company’s fifty day moving average is $9.93.

Analyst Upgrades and Downgrades

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 research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

RF Acquisition Corp III Profile

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.