---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-088966"
form_type: "8-K"
ticker: "RDAC"
cik: "0002018145"
company_name: "Rising Dragon Acquisition Corp."
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:52:53.648741+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rising Dragon Acquisition files post-IPO balance sheet: $57.8M trust, going concern risk

## Summary
- IPO of 5.75M units at $10.00 closed Oct 15; gross proceeds $57.5M.
- Private placement of 254,375 units to sponsor Aurora Beacon LLC raised $2.54M.
- Total $57.79M deposited in trust; shares redeemable at $10.05 per share.
- Auditor notes substantial doubt about going concern if no business combination within 15 months.
- Transaction costs of $3.43M incurred; working capital of $657k.

## SEC filing metadata
- accession: 0001213900-24-088966
- form_type: 8-K
- ticker: RDAC
- cik: 0002018145
- company_name: Rising Dragon Acquisition Corp.
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2018145/000121390024088966/0001213900-24-088966-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2018145/000121390024088966/ea0217985-8k_rising.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-088966
- JSON: https://secwatch.observer/filing/0001213900-24-088966.json
- Plain text: https://secwatch.observer/filing/0001213900-24-088966.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.