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Rising Dragon Acquisition Corp.

For the period ended Dec 31, 2024. Filed Mar 26, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 26, 2025

RDAC$11.20+0.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Statements of Cash Flows

STATEMENT OF CASH FLOWS

Cash flows from operating activities:
Net income$257,513
Adjustments to reconcile net income to net cash used in operating activities
Interest income earned in cash and investments held in Trust Account(543,046)
Change in operating assets and liabilities
Prepaid expense(63,000)
Accrued liabilities22,500
Net cash used in operating activities(326,033)
Cash flows from investing activities:
Proceeds deposited in Trust Account(57,787,500)
Net cash used in investing activities(57,787,500)
Cash flows from financing activities:
Proceeds from public offering, net of offering costs55,937,462
Proceeds from private placement2,543,750
Proceeds from promissory note – related party274,831
Repayment of promissory note – related party(249,831)
Net cash provided by financing activities58,506,212
NET CHANGE IN CASH392,679
CASH, BEGINNING OF PERIOD-
CASH, END OF PERIOD$392,679
Non-cash investing and financing activities
Issuance of representative shares$6
Initial classification of ordinary shares subject to possible redemption$53,889,410
Allocation of carrying value to redemption value$3,215,828
Subsequent remeasurement of ordinary shares subject to redemption$543,046
Capital contribution paid by a related party$25,000
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.