RFAM is RF Acquisition Corp III (Financial Services) — a non-dividend-paying stock. Trading at $9.99. Market cap: $139M.
Stock snapshot
| Price | $9.99 |
| Market cap | $139M |
| Sector | Financial Services |
| Exchange | NGM |
| Pays dividend | No |
SPAC status
RFAM (RF Acquisition Corp III) is a Special Purpose Acquisition Company — a blank-check shell that holds its IPO cash in a trust account while searching for a private company to merge with. SPACs pay no dividends. Learn how the whole arc works in our SPAC Lifecycle guide.
Current lifecycle stage per SEC EDGAR: Deal announced — announced merger target: HCC Merger Sub Limited. (last EDGAR check 2026-08-30)
| SEC filing | Date | Milestone |
|---|---|---|
| 8-K | 2026-07-10 | 8-K Item 1.01 — definitive agreement |
| 425 | 2026-07-09 | 425 — business-combination filing |
About RFAM
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.
Related non-dividend companies
Other non-dividend stocks investors research alongside RFAM. Peer set from Massive news + returns similarity, filtered to names we currently track.
Frequently asked
What is RFAM's current stock price?
RFAM (RF Acquisition Corp III) is currently trading at $9.99.
Does RFAM pay a dividend?
RFAM (RF Acquisition Corp III) does not currently pay a regular dividend.
Is RFAM a SPAC?
Yes — RFAM (RF Acquisition Corp III) is a Special Purpose Acquisition Company (blank-check shell). It holds its IPO cash in a trust account (typically ~$10 per share) while searching for a private company to merge with. SPACs pay no dividends.
What happens when RFAM completes its merger?
When a SPAC closes its business combination (the "de-SPAC"), shareholders' shares convert into shares of the combined company and the ticker changes. Before the merger vote, shareholders can redeem shares for their pro-rata slice of the trust account. If no deal closes by the deadline, the SPAC liquidates and returns the trust cash.
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Data refreshed 2026-08-30. Not investment advice. Prices change continuously; always verify the latest numbers in the live app before buying.