Recent Updates — RDACR

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.

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.

Rising Dragon Acquisition Corp. issued three unsecured promissory notes totaling $111,274.41 to extend its business combination completion window until August 15, 2026. Two notes of $27,818.50 each were issued on June 15, 2026, to sponsor Aurora Beacon LLC and SZG Limited, with a third note of $55,637.41 issued to SZG Limited on July 15, 2026. The notes bear no interest, mature upon closing, and may be converted into units at $10.00 per unit. Proceeds were deposited in the trust account. Rising Dragon Acquisition Corp. operates as a blank check company focused on effecting a merger with an operating business.