secwatch.observer — SEC 8-K summary
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Issuer:     Rising Dragon Acquisition Corp. (RDAC)
CIK:        0002018145
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0001213900-24-087860
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rising Dragon Acquisition Corp. closes $57.5M IPO, deposits $57.8M in trust for business combination
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- IPO of 5,750,000 units at $10/unit, including full over-allotment exercise; Units trade as RDACU on Nasdaq.
- Gross proceeds of $57.5M; net proceeds of $57.7875M deposited into trust account for public shareholders.
- Simultaneous private placement of 254,375 units to sponsor Aurora Beacon LLC for $2.54375M; subject to transfer restrictions.
- Each unit consists of one ordinary share and one right; ten rights entitle holder to one ordinary share after initial business combination.
- Lucid Capital Markets acted as sole book-running manager; effective registration statement declared October 10, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2018145/000121390024087860/0001213900-24-087860-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2018145/000121390024087860/ea0217642-8k_rising.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-087860

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