Recent Updates — RDAC
Rising Dragon Acquisition Corp. issued unsecured promissory notes totaling $55,637.41 to SZG Limited and its sponsor, Aurora Beacon LLC. The proceeds were deposited into the company's trust account to extend the deadline for consummating an initial business combination with HZJL Cayman Limited from October 2026 to November 15, 2026. The notes bear no interest and are payable upon closing of the merger. Holders may elect to convert the notes into private units at $10.00 per unit prior to closing. Rising Dragon Acquisition Corp. operates as a blank check company focused on effecting a business combination with a target entity.
Rising Dragon Acquisition Corp. issued two unsecured promissory notes totaling $111,274.82 to SZG Limited on August 15 and September 15, 2026. The proceeds were deposited into the trust account to extend the deadline for consummating its initial business combination with HZJL Cayman Limited until October 15, 2026. The notes bear no interest and are payable upon closing of the merger. Holders may elect to convert the notes into private units at $10.00 per unit prior to closing. Rising Dragon Acquisition Corp. operates as a blank check company focused on effecting a business combination.