RF Acquisition Corp II (RFAI) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
RFAI currently has 3.51M outstanding shares. with significant dilution risk as 10.4M authorized shares could dilute existing holders by 296.1%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 07, 2026 |
10-Q filing | 3.5M shares outstanding |
3.5M | 10M |
| Nov 14, 2025 |
8-K filing: Holders of 6,668,735 ordinary shares of RF Acquisition Corp II exercised their right to redeem such shares for a pro rata portion of the funds held in the Trust Account, resulting in approximately $71,580,705 being removed from the Trust Account and leaving approximately $51,857,714 in the Trust Account with 8,343,765 ordinary shares outstanding. ($71.58M proceeds) |
8.3M | 10M |
| May 12, 2025 |
10-Q filing | 15.0M shares outstanding |
15M | 10M |
| Mar 25, 2025 |
10-K filing | 15.0M shares outstanding |
15M | 10M |
| Oct 25, 2024 |
10-Q filing | 15.0M shares outstanding |
15M | 10M |
| Aug 14, 2024 |
10-Q filing | 15.0M shares outstanding |
15M | 10M |
| Jun 14, 2024 |
10-Q filing | 15.0M shares outstanding |
15M | 10M |
| May 28, 2024 |
8-K filing: RF Acquisition Corp II consummated its initial public offering of 10,000,000 units at $10.00 per unit, generating gross proceeds of $100,000,000, and simultaneously consummated a private placement of 400,000 units at $10.00 per unit, generating total proceeds of $4,000,000, and subsequently sold an additional 1,500,000 Units at $10.00 per Unit, generating gross proceeds of $15,000,000, along with an additional 37,500 Private Placement Units from the Company, generating gross proceeds of $375,000. ($119.38M proceeds) |
N/A | 10M |
| May 22, 2024 |
8-K filing: RF Acquisition Corp II consummated its IPO of 10,000,000 units at $10.00 per unit, generating gross proceeds of $100,000,000, and completed the private sale of 400,000 units to the Sponsor and EarlyBirdCapital, Inc. at $10.00 per unit, generating gross proceeds of $4,000,000. ($104.0M proceeds) |
N/A | 10M |
| May 08, 2024 |
S-1/A filing: RF Acquisition Corp II is conducting an initial public offering of units, each priced at $10.00, consisting of one ordinary share and one right to receive one-twentieth of an ordinary share upon completion of a business combination, with a total offering amount of $100,000,000. Additionally, there is a private placement of units to the sponsor and underwriter. |
N/A | 10M |
| Apr 15, 2024 |
S-1/A filing: This is an S-1/A filing for an initial public offering of units of RF Acquisition Corp II, with each unit consisting of one ordinary share and one right to receive one-twentieth of one ordinary share upon completion of an initial business combination, as well as a private placement of units to the sponsor and underwriter. |
N/A | 10M |
| Mar 11, 2024 |
S-1 filing: RF Acquisition Corp II is offering 10,000,000 units in an initial public offering, each unit consisting of one ordinary share and one right to receive one-twentieth of one ordinary share upon completion of an initial business combination, at a price of $10.00 per unit. Concurrently, the sponsor and underwriter will purchase 400,000 private units at $10.00 per unit. |
N/A | 10M |