- CEO
- Tse Meng Ng
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- No. 05-07, 111 Somerset Singapore Singapore 238164
- IPO Date
- May 17, 2024
- Business
- RF Acquisition Corp II is a Singapore-based blank check company formed in 2024 with the primary business purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company focuses on target businesses primarily in the technology sector, including artificial intelligence, quantum computing, and biotechnology within the Asian region. RF Acquisition Corp II conducts its operations through these mergers and acquisitions rather than having direct operating revenues or product sales. The company completed its initial public offering in May 2024, raising $100 million by issuing 10 million units, each unit consisting of one share of common stock and one right to receive 1/20 of a share of common stock upon consummation of an initial business combination. The company is headquartered in Singapore, specifically at 111 Somerset, #05-07, Singapore 238164.
Recent major developments include entering into a definitive Business Combination Agreement in October 2025 with NYB Holdings Limited and its subsidiaries for a reverse merger transaction. This agreement involves RF Acquisition Corp II merging with NYB Holdings Limited, after which NYB Pte. Ltd. and Nanyang Biologics Pte. Ltd. will amalgamate, with Nanyang becoming a wholly-owned subsidiary of NYB Holdings. This transaction marks a significant strategic step for RF Acquisition Corp II, transitioning it from a blank check company to an operating entity through this amalgamation. Additionally, the company has received shareholder approval to extend the deadline for completing a business combination by up to nine months through August 2026, providing flexibility to finalize its merger activities.
RF Acquisition Corp II operates within the blank check and SPAC sector, targeting high-growth technology sectors in Asia, with a focus on leveraging mergers and acquisitions to build its business portfolio. The company is led by Chairman and CEO Tse Meng Ng and CFO Chee Soon Tham. The company is traded on the Nasdaq Global Market under the ticker symbol RFAIU for its units and RFAI for ordinary shares. The strategic focus on emerging technologies in Asia and recent merger activities position RF Acquisition Corp II as a vehicle for technological business consolidation and growth in the region.
The company's core service is facilitating business combinations with technology firms, particularly in artificial intelligence, quantum computing, and biotechnology, aiming to create value through acquisitions and strategic equity transactions rather than engaging in product manufacturing or direct service provision itself. RF Acquisition Corp II thus serves as an investment and business combination platform aimed at transforming technology landscapes in Asia through its forthcoming amalgamation and related strategic alliances.