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Recent Updates — RDAC

October 13, 2026View Source ↗

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.