debt
confidence high
sentiment neutral
materiality 0.50
Rising Dragon issues $111K in promissory notes to extend business combination deadline to Aug 15, 2026
Rising Dragon Acquisition Corp.
- Issued two $27,818.5 notes on June 15, 2026 to sponsor Aurora Beacon LLC and SZG Limited.
- Issued a $55,637.41 note on July 15, 2026 to SZG Limited; total principal $111,274.41.
- Notes are non-interest bearing, mature upon closing of initial business combination.
- Proceeds deposited in trust account to extend completion window to August 15, 2026.
- Notes convertible into units at $10.00 per unit; conversion right at holder's option.