RF Acquisition Corp III reported net income of $725986 for the quarter ended March 31, 2026, driven largely by interest earned on cash held in its trust account as the blank‑check company continued preparatory activities ahead of a business combination.
Financial Highlights
- Net income was $725,986 for the three months ended March 31, 2026.
- Diluted earnings per share: $0.12 per redeemable share and $0.04 per non‑redeemable share for the three months ended March 31, 2026.
- Trust interest: $403,232 of interest earned on cash held in the Trust Account for the six months ended March 31, 2026, a primary contributor to reported net income.
Business Highlights
- Business focus: blank‑check company formed to identify and complete a business combination using IPO and private placement proceeds.
- Operational activity: completed organizational setup, IPO preparation and target identification; the company has no operating revenues to date.
- Trust funding & use: $100M placed in trust to fund a business combination; interest accrues to support deal funding and working capital after any combination.
- Corporate support: ongoing administrative services and advisor engagement (EBC) to source targets and support combination marketing.
Original SEC Filing:
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