Alfa 24 Ltd - May 23, 2024 Form 4 Insider Report for RF Acquisition Corp II (RFAI)

Role: 10%+ Owner
Signature: /s/ Tse Meng Ng
Stock symbol: RFAI
Transactions as of: May 23, 2024
Transactions value $: $665,620
Form type: 4
Date filed: 5/30/2024, 06:00 AM
Previous filing: May 23, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RFAI	Ordinary Shares	Options Exercise	$333K	+33.3K	+1.03%	$10.00^*	3.26M	May 23, 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RFAI	Rights	Options Exercise	$333K	+33.3K	+9.37%	$10.00^*	388K	May 23, 2024	Ordinary Shares	16.6K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each right is exchangeable for one twentieth of one ordinary share upon the completion of RF Acquisition Corp II's initial business combination.
F2	If RF Acquisition Corp II is unable to complete an initial business combination within the required time period and we redeem the public shares for the funds held in the trust account, holders of rights will not receive any of such funds for their rights and the rights will expire worthless.