Rising Dragon Acquisition Corp.
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 14, 2025
RDAC$11.17-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS
| June 30, 2025 | December 31, 2024 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash | $83,406 | $392,679 |
| Prepaid expense | 21,000 | 63,000 |
| Total Current Assets | 104,406 | 455,679 |
| Investment held in Trust Account | 59,536,150 | 58,330,546 |
| TOTAL ASSETS | $59,640,556 | $58,786,225 |
| LIABILITIES, TEMPORARY EQUITY AND SHAREHOLDERS’ DEFICIT | ||
| Current liabilities: | ||
| Accrued liabilities | $21,113 | $22,500 |
| Due to related party | 2,870 | - |
| Total Current Liabilities | 23,983 | 22,500 |
| Deferred underwriting compensation | 1,868,750 | 1,868,750 |
| TOTAL LIABILITIES | 1,892,733 | 1,891,250 |
| Commitments and contingencies (Note 7) | ||
| Ordinary shares subject to possible redemption, 5,750,000 and 5,750,000 shares issued and outstanding at redemption value of $10.35 and $10.14 as of June 30, 2025 and December 31, 2024, respectively | 59,536,150 | 58,330,546 |
| Shareholders’ Deficit: | ||
| Preference shares, $0.0001 par value; 500,000 shares authorized; no shares issued and outstanding | - | - |
| Ordinary shares, $0.0001 par value; 55,000,000 shares authorized; 1,749,375 shares issued and outstanding as of June 30, 2025 and December 31, 2024 (excluding 5,750,000 and 5,750,000 shares subject to possible redemption), respectively | 175 | 175 |
| Accumulated deficit | (1,788,502) | (1,435,746) |
| Total Shareholders’ Deficit | (1,788,327) | (1,435,571) |
| TOTAL LIABILITIES, TEMPORARY EQUITY AND SHAREHOLDERS’ DEFICIT | $59,640,556 | $58,786,225 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.