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Rising Dragon Acquisition Corp (NASDAQ: RDAC) announced that starting December 2, 2024, holders of units from their October 15, 2024 IPO can separately trade ordinary shares and rights on the Nasdaq Capital Market. The separated components will trade under symbols 'RDAC' (ordinary shares) and 'RDACR' (rights), while unseparated units continue trading as 'RDACU'. Unit holders must contact Continental Stock Transfer & Trust Company through their brokers to separate units.
The initial offering was underwritten with Lucid Capital Markets, as sole book-running manager. A registration statement (File No. 333-280026) became effective on October 10, 2024, with the final prospectus available on the SEC website.
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