STOCK TITAN

Rising Dragon Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Rights Commencing December 2, 2024

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)

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.

Rising Dragon Acquisition Corp (NASDAQ: RDAC) ha annunciato che a partire dal 2 dicembre 2024, i possessori di unità dell'IPO del 15 ottobre 2024 potranno negoziare separatamente azioni ordinarie e diritti sul Nasdaq Capital Market. I componenti separati verranno negoziati con i simboli 'RDAC' (azioni ordinarie) e 'RDACR' (diritti), mentre le unità non separate continueranno a essere negoziate come 'RDACU'. I detentori di unità devono contattare la Continental Stock Transfer & Trust Company tramite i loro broker per separare le unità.

L'offerta iniziale è stata sottoscritta da Lucid Capital Markets, come unico manager di book-running. Un dichiarazione di registrazione (File No. 333-280026) è diventata efficace il 10 ottobre 2024, con il prospetto finale disponibile sul sito web della SEC.

Rising Dragon Acquisition Corp (NASDAQ: RDAC) anunció que a partir del 2 de diciembre de 2024, los poseedores de unidades de su IPO del 15 de octubre de 2024 podrán negociar por separado acciones ordinarias y derechos en el Nasdaq Capital Market. Los componentes separados se negociarán bajo los símbolos 'RDAC' (acciones ordinarias) y 'RDACR' (derechos), mientras que las unidades no separadas continuarán negociándose como 'RDACU'. Los tenedores de unidades deben contactar a Continental Stock Transfer & Trust Company a través de sus corredores para separar las unidades.

La oferta inicial fue bajo escritura de Lucid Capital Markets, como único gerente de book-running. Una declaración de registro (File No. 333-280026) se volvió efectiva el 10 de octubre de 2024, con el prospecto final disponible en el sitio web de la SEC.

라이징 드래곤 인수 주식회사 (NASDAQ: RDAC)는 2024년 12월 2일부터 2024년 10월 15일 IPO의 유닛 보유자들이 나스닥 자본 시장에서 보통주 및 권리를 분리하여 거래할 수 있다고 발표했습니다. 분리된 구성 요소는 'RDAC' (보통주) 및 'RDACR' (권리)이라는 기호로 거래되며, 분리되지 않은 유닛은 'RDACU'로 계속 거래됩니다. 유닛 보유자는 유닛을 분리하기 위해 중개인을 통해 컨티넨탈 스톡 트랜스퍼 & 트러스트 회사에 연락해야 합니다.

초기 제안은 루시드 캐피탈 마켓이 단독 북러닝 매니저로서 인수하였습니다. 등록声明(파일 번호 333-280026)은 2024년 10월 10일에 효력이 발생하였으며, 최종 투자설명서는 SEC 웹사이트에서 확인할 수 있습니다.

Rising Dragon Acquisition Corp (NASDAQ: RDAC) a annoncé qu'à partir du 2 décembre 2024, les détenteurs d'unités de leur introduction en bourse du 15 octobre 2024 pourront négocier séparément des actions ordinaires et des droits sur le marché Nasdaq Capital. Les composants séparés seront négociés sous les symboles 'RDAC' (actions ordinaires) et 'RDACR' (droits), tandis que les unités non séparées continueront d'être négociées sous 'RDACU'. Les détenteurs d'unités doivent contacter Continental Stock Transfer & Trust Company par l'intermédiaire de leurs courtiers pour séparer les unités.

L'offre initiale a été souscrite par Lucid Capital Markets, en tant que seul gestionnaire de book-running. Une déclaration d'enregistrement (Numéro de dossier 333-280026) est devenue effective le 10 octobre 2024, le prospectus final étant disponible sur le site web de la SEC.

Rising Dragon Acquisition Corp (NASDAQ: RDAC) gab bekannt, dass ab dem 2. Dezember 2024 Inhaber von Einheiten aus dem IPO vom 15. Oktober 2024 ordentliche Aktien und Rechte an der Nasdaq Capital Market separat handeln können. Die separaten Komponenten werden unter den Symbolen 'RDAC' (ordentliche Aktien) und 'RDACR' (Rechte) gehandelt, während die nicht separierten Einheiten weiterhin als 'RDACU' gehandelt werden. Die Einheiteninhaber müssen die Continental Stock Transfer & Trust Company über ihre Broker kontaktieren, um die Einheiten zu trennen.

Das ursprüngliche Angebot wurde von Lucid Capital Markets als alleiniger Book-Running-Manager gezeichnet. Eine Registrierungsmitteilung (Datei-Nr. 333-280026) wurde am 10. Oktober 2024 wirksam, und der endgültige Prospekt ist auf der Website der SEC verfügbar.

Positive
  • None.
Negative
  • None.

SHANXI, CHINA, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Rising Dragon Acquisition Corp. (NASDAQ: RDAC) (the “Company”) announced today that, commencing December 2, 2024, holders of the units sold in the Company’s initial public offering completed on October 15, 2024 may elect to separately trade the ordinary shares of the Company, and the rights included in such units on The Nasdaq Capital Market (“Nasdaq”).

The ordinary shares and rights that are separated will trade on Nasdaq under the symbols “RDAC” and “RDACR,” respectively. Those units not separated will continue to trade on Nasdaq under the symbol “RDACU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and rights.

The units were initially offered by the Company in an underwritten offering. Lucid Capital Markets, LLC acted as sole book-running manager of the offering. A registration statement on Form S-1, as amended (File No. 333-280026), relating to these securities was filed with the Securities and Exchange Commission (“SEC”) and became effective on October 10, 2024. A final prospectus relating to the offering was filed with the SEC and is available on the SEC's website at http://www.sec.gov. The offering was made only by means of a prospectus forming part of the effective registration statement. Electronic copies of the prospectus relating to this offering may be obtained from Lucid Capital Markets, 570 Lexington Avenue, 40th Floor, New York, NY 10022.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Rising Dragon Acquisition Corp.

Rising Dragon Acquisition Corp. is a blank check company newly incorporated as a Cayman Islands exempted company with limited liability for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact:

Wenyi Shen
woody.shen@hywincapital.cn
Rising Dragon Acquisition Corp.
No. 604, Yixing Road, Wanbolin District, Taiyuan City,
Shanxi Province, People’s Republic of China


FAQ

When can Rising Dragon Acquisition Corp (RDACU) unit holders begin trading separate shares and rights?

Rising Dragon Acquisition Corp unit holders can begin trading separate ordinary shares and rights on December 2, 2024.

What are the trading symbols for Rising Dragon's separated securities on Nasdaq?

The separated securities will trade under 'RDAC' for ordinary shares and 'RDACR' for rights, while unseparated units continue as 'RDACU'.

When did Rising Dragon Acquisition Corp complete its initial public offering?

Rising Dragon Acquisition Corp completed its initial public offering on October 15, 2024.

How can Rising Dragon unit holders separate their units into shares and rights?

Unit holders need to have their brokers contact Continental Stock Transfer & Trust Company, the company's transfer agent, to separate units into ordinary shares and rights.

Rising Dragon Acquisition Corp. Unit

NASDAQ:RDACU

RDACU Rankings

RDACU Latest News

RDACU Stock Data

6.00M
Blank Checks
United States of America
TAIYUAN CITY