Rising Dragon Acquisition receives Nasdaq delisting notice for MVLS shortfall

Rising Dragon Acquisition Corp.

On Aug 19, 2026, Nasdaq notified Rising Dragon that MVLS fell below $35M minimum for 30 consecutive business days.
Company also fails Nasdaq Equity Standard (5550(b)(1)) and Net Income Standard (5550(b)(3)).
Compliance deadline is Feb 16, 2027; securities continue trading during 180-day cure period.
If not compliant by deadline, delisting notice possible; Company may appeal to Hearings Panel or pursue equity standard.

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