Rising Dragon Acquisition Corp.
Searching since IPO 2024-10-11- CIK 2018145
- RDAC
- IPO 2024-10-11
- $18.7M trust
- 98 filings
- IPO Size
- $57.5M
- raised at the IPO
- Trust
- $18.7M
- as of 2026-09-30
- Current Status
- Unit Split
- from its latest filing
- IPO Year
- 2024
- year it listed
Filings, by quarter
98 filings over 11 quarters; violet bars carry a milestone
- 24 Q2: 1 filing
- 24 Q3: 8 filings
- 24 Q4: 20 filings
- 25 Q1: 15 filings
- 25 Q2: 6 filings
- 25 Q3: 5 filings
- 25 Q4: 11 filings
- 26 Q1: 7 filings
- 26 Q2: 10 filings
- 26 Q3: 10 filings
- 26 Q4: 5 filings
- S-1 filed 24 Q2
- IPO 24 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Rising Dragon Acquisition Corp. is a newly incorporated blank-check company formed to pursue a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. It is a generalist and states that its search will not be limited to a particular industry or geographic location.
Key Information
As the filings state it
- IPO Date
- 2024-10-11
- Total Redemptions
- $27.3M
- SIC
- 6770
- SPAC Ticker
- RDAC
Stock Performance
RDACUTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2024-10-11 | $10.01 | |
| Current Price | 2026-11-13 | $10.80 | +8% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team includes executives and directors with entrepreneurial and public-company experience. CEO Lulu Xing has business management and governance experience; CFO Wenyi Shen has accounting, audit, investment banking and private-equity experience, including as CFO of another SPAC; the director nominees bring venture-capital, investment, business, legal, communications and financial-accounting backgrounds.