---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-007020"
form_type: "8-K"
ticker: "RDAC"
cik: "0002018145"
company_name: "Rising Dragon Acquisition Corp."
filed_at: "2025-01-27T23:59:59+00:00"
generated_at: "2026-05-27T09:34:54.759951+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Rising Dragon Acquisition Corp. enters into merger agreement with HZJL Cayman Limited for $350M business combination

## Summary
- Deal value of $350 million payable in 35 million shares of Xpand Boom Technology at $10.00 per share.
- HZJL shareholders may receive up to 20 million additional earn-out shares based on revenue targets in two subsequent years.
- HZJL provides online branding, software, and supply chain services for local lifestyle businesses (restaurants, coffee shops, etc.).
- The combined company plans to remain Nasdaq-listed under a new ticker; closing subject to shareholder and regulatory approvals.
- Lock-up period of six months for certain HZJL shareholders.

## SEC filing metadata
- accession: 0001213900-25-007020
- form_type: 8-K
- ticker: RDAC
- cik: 0002018145
- company_name: Rising Dragon Acquisition Corp.
- filed_at: 2025-01-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2018145/000121390025007020/0001213900-25-007020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2018145/000121390025007020/ea0228776-8k425_rising.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-007020
- JSON: https://secwatch.observer/filing/0001213900-25-007020.json
- Plain text: https://secwatch.observer/filing/0001213900-25-007020.txt

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