RF Acquisition Corp II Reports Increased Net Income and Financial Results for Quarter Ending June 30, 2025

RF Acquisition Corp II reported its financial results for the quarter ending June 30, 2025, revealing a net income of $1,076,010, a significant increase from the $547,028 reported in the same quarter of the previous year. The company generated interest income of $1,257,739 from cash held in its Trust Account, which was partially offset by operational costs of $181,729. For the first half of 2025, net income totaled $2,096,980, compared to $486,608 for the same period in 2024. The increase in net income is attributed to higher interest earnings, reflecting the growth in cash held in the Trust Account.

As of June 30, 2025, RF Acquisition Corp II's total assets amounted to $122.3 million, up from $120.1 million at the end of 2024. The Trust Account held $121.6 million, which is designated for future business combinations. The company’s current liabilities increased to $375,481 from $295,200 at the end of 2024, primarily due to accrued expenses and advances from related parties. The accumulated deficit also widened to $3,731,112 from $3,336,145, reflecting ongoing operational costs without revenue generation.

The company has not yet completed any business combinations since its inception on February 5, 2024, and continues to focus on identifying potential targets, particularly in the deep technology sector in Asia. RF Acquisition Corp II is classified as a smaller reporting company and an emerging growth company, which allows it to take advantage of certain regulatory exemptions. The company has 15,012,500 ordinary shares outstanding, with 11,500,000 shares subject to possible redemption at a value of $10.57 per share.

Looking ahead, RF Acquisition Corp II faces challenges in completing a business combination within the stipulated 18-month period following its Initial Public Offering, which concluded on May 21, 2024. The company has raised concerns regarding its ability to continue as a going concern if it fails to complete a business combination within this timeframe. Management has indicated that while they do not anticipate needing additional funds for operational expenses, they may require further financing to complete a business combination or to address potential redemptions of public shares. The company’s future performance will largely depend on its ability to identify and successfully negotiate a merger or acquisition with a suitable target.