Executive leadership at Rising Dragon Acquisition.
Board of directors at Rising Dragon Acquisition.
Research analysts covering Rising Dragon Acquisition.
Recent press releases and 8-K filings for RDAC.
Rising Dragon Acquisition Corp. Issues Promissory Notes to Extend Business Combination Deadline
RDAC
Debt Issuance
M&A
- On January 14, 2026, Rising Dragon Acquisition Corp. (RDAC) issued two unsecured promissory notes, each with a principal amount of $50,000, totaling $100,000.
- One note was issued to Aurora Beacon LLC, the company's sponsor, and the other to SZG Limited.
- The proceeds from these notes have been deposited into the company's trust account to extend the business combination completion window until February 15, 2026.
- These notes do not bear interest and mature upon the closing of the initial business combination.
- Holders have the option to convert the notes into company units, identical to those issued in its initial public offering, at a price of $10.00 per unit.
Jan 16, 2026, 9:05 PM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more