Harraden Circle Investments LLC Buys New Position 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, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 180,750 shares of the company’s stock, valued at approximately $1,789,000. Harraden Circle Investments LLC owned about 1.30% of RF Acquisition Corp III at the end of the most recent reporting period.

Separately, Lineage Point Capital LP purchased a new position in shares of RF Acquisition Corp III during the second quarter worth approximately $4,423,000.

RF Acquisition Corp III Price Performance

RFAM opened at $9.97 on Friday. RF Acquisition Corp III has a 52 week low of $9.77 and a 52 week high of $10.00. The company has a 50 day moving average price of $9.93.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of RF Acquisition Corp III from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

RF Acquisition Corp III Company 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.