Rising Dragon Acquisition Corp.
For the period ended Dec 31, 2025. Filed Mar 30, 2026.
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FY2025 · Filed Mar 30, 2026
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
Consolidated Balance Sheets
| December 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash | $37,174 | $392,679 |
| Prepaid expense | - | 63,000 |
| Total current assets: | 37,174 | 455,679 |
| Investment held in Trust Account | 44,388,583 | 58,330,546 |
| TOTAL ASSETS | $44,425,757 | $58,786,225 |
| LIABILITIES AND SHAREHOLDERS’ DEFICIT | ||
| Current liabilities: | ||
| Accrued liabilities | $114,310 | $22,500 |
| Promissory note – related party | 100,000 | - |
| Due to related party | 204,969 | - |
| Total current liabilities | 419,279 | 22,500 |
| Deferred underwriting compensation | 1,868,750 | 1,868,750 |
| TOTAL LIABILITIES | 2,288,029 | 1,891,250 |
| Commitments and contingencies (Note 7) | ||
| Ordinary shares subject to possible redemption, 4,201,655 and 5,750,000 shares issued and outstanding at redemption value of $10.56 and $10.14 as of December 31, 2025 and 2024, respectively | 44,388,583 | 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 December 31, 2025 and 2024 (excluding 4,201,655 and 5,750,000 shares subject to possible redemption) | 175 | 175 |
| Accumulated deficit | (2,251,030) | (1,435,746) |
| Total Shareholders’ Deficit | (2,250,855) | (1,435,571) |
| TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT | $44,425,757 | $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.