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Rising Dragon Acquisition Corp. received a notice from Nasdaq on August 19, 2026, indicating its Market Value of…
RDACURising Dragon Acquisition Corp.
Rising Dragon Acquisition Corp. received a notice from Nasdaq on August 19, 2026, indicating its Market Value of Listed Securities fell below the $35 million minimum for 30 consecutive business days. The company also failed to meet Equity and Net Income standards. Nasdaq granted an 180-day compliance period ending February 16, 2027, during which securities will continue trading. If the Market Value of Listed Securities closes at or above $35 million for 10 consecutive business days within this window, compliance will be restored; otherwise, delisting proceedings may follow. Rising Dragon Acquisition Corp. operates in the special purpose acquisition company industry, seeking to identify and merge with private operating companies.