$RDAC

Rising Dragon Acquisition Corp. (RDAC) filed an SEC Form 8-K — Termination of a Material Definitive Agreement. Exhibit 99.1 Rising Dragon Acquisition Corp. and HZJL Cayman Limited Announce Mutual Termination of Merger Agreement Rising Dragon to continue to pursue an initial business combination Taiyuan, China, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Rising Dragon Acquisition Corp. (Nasdaq: RDAC

Rising Dragon Acquisition Corp. (RDAC) stock surged 115% to $10.97 in pre-market trading after terminating its merger agreement with HZJL Cayman Limited. The company plans to pursue a new business combination, and the move was driven by company-specific developments. The stock's low float amplified the price swing.

Rising Dragon Acquisition Corp. (RDAC) and HZJL Cayman Limited mutually agreed to terminate their merger agreement, effective October 30. No termination fees will be paid, and both parties released each other from claims. RDAC plans to pursue another business combination within its permitted timeframe. The company completed its IPO on October 10, 2024.

Rising Dragon Acquisition Corp. (RDAC) raised $55,637.41 via two unsecured notes from SZG and Aurora Beacon to fund its trust account and extend its business combination deadline to November 15, 2026. Notes are payable upon completion of the business combination and convertible into private units at $10 per unit.

Rising Dragon Acquisition Corp. (RDAC) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. The disclosure contained in Item 2.03 of this Current Report on Form 8-K is incorporated by reference in this Item 1.01. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangeme

Rising Dragon Acquisition (RDAC) raised $111,274.82 via two zero-interest notes with SZG, due Aug 15 and Sep 15, 2026. Proceeds extend its business combination deadline to Oct 15, 2026. Notes are convertible into private units at $10.00 per unit.

Rising Dragon Acquisition Corp. (RDAC) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. The disclosure contained in Item 2.03 of this Current Report on Form 8-K is incorporated by reference in this Item 1.01. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangeme

Rising Dragon Acquisition Corp. (RDAC) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. false 0002018145 00-0000000 0002018145 2026-06-15 2026-06-15 0002018145 RDAC:UnitsEachConsistingOfOneOrdinaryShareParValue0.0001PerShareAndOneRightEntitlingHolderToReceiveOnetenthOfOrdinaryShareMember 2026-06-15 2026-06-15 0002018145 RDAC:OrdinarySharesMember 2026-06-15 2026-06-1

Short interest in Rising Dragon Acquisition Corp. (NASDAQ:RDAC) significantly decreased by 31.4% in January, totaling 15,846 shares. This reduction leaves a short-interest ratio of 0.6 days based on average daily volume. Institutional investors, including Goldman Sachs, Berkley W R Corp, JPMorgan, and Wolverine Asset Management, have recently increased their positions in the company, while analyst ratings remain at "Sell."

Rising Dragon Acquisition Corp. issued two unsecured promissory notes totaling $100,000 to extend its merger deadline to February 15, 2026. The funds were deposited into its trust account, and noteholders have the option to convert the principal into company units. This action supports the special purpose acquisition company's efforts to finalize its initial business combination.