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Rising Dragon Acquisition Priced, Nasdaq: RDACU

Blank check company targeting small-cap businesses.

Industry: SPAC

Latest Trade: $10.13 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: +1.3%

Industry: SPAC

We are a blank check company. Although there is no restriction or limitation on what industry our target operates in, it is our intention to pursue prospective targets that are focused on green and sustainable business, new energy, cutting-edge technologies, artificial intelligent applications, business software and health care products. We anticipate targeting what are traditionally known as “small cap” companies domiciled in North America, Europe and/or the Asia Pacific (“APAC”) regions that are developing assets in Asia, Europe and North America which aligns with our management team’s experience in operating emerging start-up companies. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region. As such, although we are not targeting target companies in China, we may consider an initial business combination with an entity or business with a physical presence or other significant ties to China, including Hong Kong and Macau, which may subject the post-business combination business to the laws, regulations and policies of China.
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IPO Data
IPO File Date 06/07/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 5.0
Deal Size ($mm) $50
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/10/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 5.0
Deal Size ($mm) $50
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Lucid Capital Markets
Company Data
Headquarters Taiyuan, China
Founded 2024
Employees at IPO 2

Rising Dragon Acquisition (RDACU) Performance