Rising Dragon Acquisition Corp.
For the period ended Dec 31, 2024. Filed Mar 26, 2025.
View on SEC.govAbout 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 exhibitsContents
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 liabilities | 22,500 |
| 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 costs | 55,937,462 |
| Proceeds from private placement | 2,543,750 |
| Proceeds from promissory note – related party | 274,831 |
| Repayment of promissory note – related party | (249,831) |
| Net cash provided by financing activities | 58,506,212 |
| NET CHANGE IN CASH | 392,679 |
| 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 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.