Rising Dragon issues $100K in promissory notes to extend business combination deadline to May 15, 2026

Rising Dragon Acquisition Corp.

Two unsecured notes of $50,000 each issued to sponsor (Aurora Beacon LLC) and SZG Limited (designee of merger counterparty).
Notes are non-interest bearing, mature upon closing of initial business combination; proceeds deposited into trust account.
Holders may convert notes into private units at $10.00 per unit upon closing of business combination.
Extension of completion window to May 15, 2026; notes terminate if merger agreement is terminated under certain conditions.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Rising Dragon Acquisition Corp. incurred convertible notes of Two unsecured promissory notes, each with a principal amount of $50,000 with Aurora Beacon LLC and SZG Limited at 0% maturing upon closing of the Company's initial business combination.

Instrument: convertible notes
Principal: Two unsecured promissory notes, each with a principal amount of $50,000
Counterparty: Aurora Beacon LLC and SZG Limited
Rate: 0%
Maturity: upon closing of the Company's initial business combination
Event: incurrence

Exact text from the filing

On April 15, 2026, Rising Dragon Acquisition Corp. (the “Company” or “Rising Dragon”) issued two unsecured promissory notes, each with a principal amount of $50,000 (the “Notes”), one to Aurora Beacon LLC, the Company’s sponsor, and one to SZG Limited , the designee of HZJL Cayman Limited, the counterparty to the previously announced agreement and plan of merger dated as of January 27, 2025, pursuant to which a proposed business combination among HZJL Cayman Limited, Rising Dragon, Purchaser and Merger Sub would occur. The Notes do not bear interest and mature upon closing of the Company’s initial business combination.

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Source: SEC EDGAR

accession 0001213900-26-047090

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